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QLD › Emu Park › Paradise Way

38 Paradise Way, Emu Park QLD 4710

House

$1,230,000

Last sold

13 Feb 2024

4

Bedrooms

3

Bathrooms

5

Car spaces

813 m²

Land

302 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,230,000 (13 Feb 2024).(Recorded sale)
  • CalculationRecorded House sales in Emu Park (last 5 years) with land size: median $872/m² of land (n=89). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,230,000

13 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Emu Park (last 5 years) with land size have a median of $872/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Emu Park at a glance

2,487

People

$710,000

Median sale

$573/wk

Median rent

4.20%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Emu Park report →

Vs Emu Park

+73.2%

Median sale

Suburb $710,000

-1.78 pp

Gross yield

Suburb 4.20%

Suburb median $710,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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

2024$1.23m$1.23m
  • Sold (recorded)
  1. Sold$1,230,00013 Feb 2024
  2. Sold$1,230,00019 Jan 2024
  3. Listedprice unknowncompleted19 Dec 2023
  4. Listedprice unknowncompleted18 Dec 2023

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 $573/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

Emu Park in one glance

Emu Park at a glance

2,487

People

$710,000

Median sale

$573/wk

Median rent

4.20%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Emu Park report →

Keep researching

  • Why Emu Park? Read the area thesis →
  • What else is on the market in Emu Park →
  • Other records on Paradise Way →

Listing material

Listed by Seachange Realty Emu Park

Paradise Way!

The street name says it all "Paradise Way".

Life is truly unmatched with this beautiful, exquisite, architect-design home, built by Matheson Builders; the award-winning Central Queensland builders who have a fine reputation for their quality construction, superb finishes and overall presentation.

This property is only five year old and presents like new. Everything you could possibly want in a home is here. From the well thought out design, to the colour scheme, to the quality fixtures and fittings this home has it. Location simply is second to none - in fact it is one of the best locations on the Capricorn Coast. This home has spectacular water and Keppel Island views from the front and rear of the property. It's easy to keep an eye on the water (even when you first open your eyes in the morning).

Read the full description

Four large bedrooms all with Mitsubishi air con and built-ins and fans.

The main bedroom boosts all day ocean breeze and even the sounds of the waves from Ritamarta Beach, plus stunning ensuite and large walk-in robe. Main bathroom offers an incredible soaking tub and walk-in shower, floor to ceiling tiles, top of the line tap fittings.

Dream open living space, with ocean views, super high ceilings, large air con, flows onto the front patio with stacker doors leaving the great feeling of living at the beach.

A large functional, quality kitchen that accommodates all the family and more, is a focal area of this home as it is integral to the open-planned design to all the living spaces of this home. With Caesarstone benchtops, ample storage space, butler pantry, plus ocean views in all directions, cooking won't be considered a chore any more.

The extra large front patio breathtaking takes in the amazing views of many islands; Conical, Corroboree, North Keppel, Miall, Middle and the jewel Great Keppel Island with enough area to hold large outdoor dining and lounge furniture. A key area to relax, dine and enjoy just being home. This space is also well thought out with retractable blinds to stop any wind and the sun as you pass your time away.

Tanby point is the closest part of the mainland to Great Keppel Island so it's much clearer to the boats and activity. It's a wonderful space for BBQ's with wind protection shades for the South Easterly's, marine speakers, all weather fan, and tap.

Separate toilet.

Lovely big laundry area with built-ins and back access.

Back Patio has ocean and island views, marine speakers, all weather fan, steps to backyard, and tap. Overlooks the lush tropical gardens.

DOWNSTAIRS

Guest large bedroom with its own bathroom

Second living space or sitting area

Foyer

Extra large double garage for even the long 4x4's

OUTSIDE

Fenced carport area with 2.7m height clearance

Irrigated exotic tropical gardens, and lawn, all set on timer

Private outdoor shower

Lots of lockable storage area

Pergola with power

Road void of Albermarle Street leaves back access and room for fruit trees, veggie and herb garden, plus kids playground.

6mx6m cyclone rated shed with power and water, and push button electic door, insulation, fans plus the 2.4m lean to

6.6kw Solar system new in march 2020 from Germany not China, power box can connect to a generator to ran the house if need be

This is truly one of those properties that when you walk in your first impressions are "Oh Wow" and a sense of calm instantly sweeps over you. With only a 400 meter walk to 2 quiet beaches there will never be excuses to go for a morning walk or to throw the line in (see photos).

Living in the Tanby Point Estate gives you easy access to both Yeppoon and Rockhampton without having to drive through town but still be minutes away from the CBD of Emu Park. The hard work has been done and it's ready to move in. This is a place that you can really call home.

Book an inspection now so you don't miss out.

Listing description written by Damien Thwaite, Seachange Realty Emu Park — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 2
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 3
  • Workshop
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.