Miami at a glance
8,581
People
$1,925,000
Median sale
$948/wk
Median rent
2.56%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › Miami › Messines Cres
9
Bedrooms
4
Bathrooms
4
Car spaces
405 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Miami (last 5 years) with land size have a median of $3,704/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Miami at a glance
8,581
People
$1,925,000
Median sale
$948/wk
Median rent
2.56%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $948/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Miami at a glance
8,581
People
$1,925,000
Median sale
$948/wk
Median rent
2.56%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mermaid WatersRare 16.5m frontage is perfect for redevelopment for 2 townhouses or a luxury beachside home.
Positioned less than five minutes' walk from beautiful Miami Beach, this property includes, four tenanted residential apartments and presents exceptional buying for the savvy investor or property developer.
Centrally located within easy walk of local restaurants, bars, cafes, schools, public transport and sporting facilities, this property supports a relaxed, comfortable lifestyle just minutes from the beach. With excellent access to both Miami and Nobby Beach SLSC and minutes from both Miami State Primary and State High Schools, this property delivers enviable lifestyle conveniences, in terms of its location.
Frontage: 16.7m
Depth: 24.2m
Total area: 405m2
Unit 1
• 2 x bedrooms
• 1 x bathroom
• Rent $420 week
• Lease expires 6 March 2025
Unit 2
• 2 x bedrooms
• 1 x bathroom
• Rent $420 week
• Lease expires 22 November 2024
Unit 3
• 2 x bedrooms
• 1 x bathroom
• Rent $420 week
• Lease expires 22 November 2024
Unit 4
• 3 x bedrooms
• 1 x bathroom
• Rent $560 week
• Lease expires 27 February 2025
Total income: $94,640 year
Council Rates $4500 approx. per 6 months
210m or 3-min walk to Medical on Miami (medical centre and pharmacy)
300m or 4-min walk to Miami Beach
650m or 8-min walk to Miami Beach Surf Club
700m or 10-min walk to Miami State High School
750m or 11-min walk to Miami Marketta dining and entertainment venue
1km or 13-min walk to Nobby's Beach Surf Club
1km or 14-min walk to Burleigh Golf Club
1.6km or 5-min drive to Pizzey Park and Miami Aquatic Centre
4.6km or 9-min drive to Bond University
4.8km or 11-min drive to Pacific Fair Shopping Centre
14km or 19-min drive to the Gold Coast Airport
Listing description written by Ben Gannon, Ray White Mermaid Waters — reproduced as published, not verified by Districts.