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QLD › Golden Beach › Palmer Ave

38 Palmer Ave, Golden Beach QLD 4551

For saleHouse

$995,000

For sale

$995,000

Last sold

21 Jan 2025

1

Bedrooms

1

Bathrooms

2

Car spaces

607 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 3 June 2026)
  • CalculationRecorded House sales in Golden Beach (last 5 years) with land size: median $2,051/m² of land (n=68). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Golden Beach's advertised median rent ($694/wk), implied gross yield would be 3.63% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$995,000

21 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Golden Beach (last 5 years) with land size have a median of $2,051/m² of land (n=68). Districts calculation from recorded sales — not a valuation.

Golden Beach at a glance

5,959

People

$1,301,500

Median sale

$694/wk

Median rent

2.77%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Golden Beach report →

Vs Golden Beach

-23.5%

Median sale

Suburb $1,301,500

+0.86 pp

Gross yield

Suburb 2.77%

Suburb median $1,301,500 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$995,000
Stamp Duty (Queensland)
$37,800
Transfer/Registration Fee
$4,066
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,040,566

$45,566 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Golden Beach's advertised median rent — not a rent for this listing.

Net yield
2.13%
Annual cashflow (pre-tax)
$-30,577
Interest cover (DSCR)
0.41
Annual rent
$36,088
Operating expenses
$14,925
Loan amount
$796,000
Annual interest
$51,740
Gross yield
3.63%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listedprice unknownavailable3 June 2026
  2. Sold$995,00021 Jan 2025
  3. Listedprice unknowncompleted29 Nov 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $694/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Golden Beach in one glance

Golden Beach at a glance

5,959

People

$1,301,500

Median sale

$694/wk

Median rent

2.77%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Golden Beach report →

Keep researching

  • Why Golden Beach? Read the area thesis →
  • What else is on the market in Golden Beach →
  • Other records on Palmer Ave →

Listing material

Listed by Town

Brand New Coastal Luxury - Steps To The Sand

OTTO is a stunning brand-new residence in a prime Golden Beach location, designed and constructed by the Heidelberg Group, offering light-filled luxe coastal living of the highest calibre, just 200-metres to the sand and the sparkling waters of the Pumicestone Passage.

Across two levels covering approximately 301 square metres, OTTO exudes an atmosphere of refined elegance and effortless liveability. Comprising a formal entry, four bedrooms, three fully tiled bathrooms plus powder room, two separate living areas, premium kitchen with butler’s pantry, covered alfresco entertaining terrace, separate laundry, and double lock-up garage plus gated side access for the boat!

This turnkey residence redefines contemporary coastal sophistication. Beyond the striking facade featuring a 6m canary island date palm, lies a sanctuary of refined design, where abundant natural light cascades across rich timber cabinetry, Taj Mahal engineered stone benches and brushed nickel tapware.

Read the full description

OTTO’S floor plan flows seamlessly, offering a perfect equilibrium between intimate family living and elevated entertaining. The ensuited bedroom on the ground floor is ideal for guest accommodation and positioned adjacent to entry, could work equally well as a home office/salon. This is a family-friendly design that is highly functional and provides that second living area today’s buyers demand.

Step through the glass sliders to an outdoor oasis, complete with a custom outdoor kitchen, in-ground pool, fire pit with rendered block seating, surrounded by fully fenced gardens and pristine zoysia turf. This isn’t just a home; it is the ultimate backdrop for a life well-lived.

Every element of this property has been carefully considered with ducted zoned air-conditioning, high ceilings, quality appliances including Electrolux washing machine and dryer, 2 x wine fridges, soft close cabinetry, floor to ceiling sheer curtains, security and intercom system, 2 x Sonas speakers plus amp, full insulation including noise batts to floor, generous storage, electronic entry gate, and outdoor shower: are among the extensive suite of OTTO’s features that elevate overall value, appeal, and liveability.

Refined living coupled with daily convenience, OTTO is positioned just a short stroll to the foreshore esplanade with connectivity facilitated via pedestrian and cycling paths; it’s also walking distance to parks, primary school, shopping, and dining, and a few minutes’ drive to the boat ramp. Access to surf beaches and Caloundra CBD are also only a short drive.

Summary of Features:

- Brand new designer residence, custom-built, in premium street

- Two blocks to beach, approximately 200m, pack the fishing rods

- Expansive light-filled living across two levels covering 301m2

- 4 bedrooms, 3.5 fully tiled bathrooms, 2 separate living areas

- Premium galley kitchen with butler’s pantry & quality appliances

- Covered alfresco terrace with outdoor kitchen overlooking pool

- DLUG + gated side access for boat/caravan, fully fenced 607m2

- Elegant interior décor with timeless appeal, fully ducted zoned A/C, Security system & intercom, electronic gate, outdoor shower

- Easy-care landscaped gardens with zoysia turf & firepit zone

- Walk to beach, parks, shopping, dining, & local primary school

- Short drive to boat ramp, surf beaches, CBD, & private schools

Turnkey ready to move straight into & savour the golden life!

Disclaimer: Whilst every effort has been made to ensure the accuracy of the information contained in this listing, no warranty is given by the vendor or agent as to its accuracy. Interested parties should not rely on this information as a statement or representation of fact and must satisfy themselves by  inspection and seek expert advice.

Some images have been digitally enhanced or virtually staged for illustrative purposes only

** When being sold by Auction / No price guide (EOI eg.): Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Listing description written by LUKE DZUFER, Town — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Study
  • Toilets: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.