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QLD › Miami › Kallay St

39 Kallay St, Miami QLD 4220

For saleHouse for Sale

$2,599,000

For sale

Asking

4

Bedrooms

3

Bathrooms

4

Car spaces

539 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,599,000(Listing record · 5 July 2026)
  • FactLand 539 m²; no building size recorded.(Property record)
  • CalculationAsk is 35% above the Miami median recorded sale ($1,925,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Miami's advertised median rent ($948/wk), implied gross yield would be 1.90% — 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

$2,599,000

Asking · $4,822/m² of land

No recorded sale for this property.

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.

See the full Miami report →

Vs Miami

+35.0%

Median sale

Suburb $1,925,000

-0.66 pp

Gross yield

Suburb 2.56%

Suburb median $1,925,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,599,000
Stamp Duty (Queensland)
$129,968
Transfer/Registration Fee
$11,516
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
$2,744,184

$145,184 on top of the price (5.6% 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 Miami's advertised median rent — not a rent for this listing.

Net yield
0.40%
Annual cashflow (pre-tax)
$-124,837
Interest cover (DSCR)
0.08
Annual rent
$49,296
Operating expenses
$38,985
Loan amount
$2,079,200
Annual interest
$135,148
Gross yield
1.90%

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. Listed$2,599,000available5 July 2026

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 $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.

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

Gross yield if leased at the suburb aggregate is 1.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Miami in one glance

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.

See the full Miami report →

Keep researching

  • Why Miami? Read the area thesis →
  • What else is on the market in Miami →
  • Other records on Kallay St →

Listing material

Listed by One Agency Burleigh - Miami

Act Fast! Now $2.599M+ Your Miami Lifestyle Starts Here....

This is a genuine opportunity to secure one of Miami's best family lifestyle homes, and the owners are ready to meet the market!

Architecturally designed family living with a pool, huge flat backyard and exceptional 4 car accommodation, all just moments from the beach and Nobby Beach precinct and close to the newly opened light rail.

Inspired by the quintessential Australian beach house, this family home has been thoughtfully reimagined for modern coastal living. Combining architectural sophistication with relaxed beachside charm, the home delivers an exceptional sense of space, natural light and effortless indoor-outdoor connection.

Read the full description

Designed with family living and entertaining in mind, the home features four generous bedrooms, three beautifully appointed bathrooms, multiple living spaces and an oversized double lock-up garage with high ceilings, providing ample space for vehicles, storage and lifestyle equipment.

At its heart, expansive open-plan living and dining areas flow seamlessly outdoors through oversized sliding glass doors, creating a natural extension to the alfresco entertaining spaces. Bathed in natural light and cooled by coastal breezes, the home embraces the very best of indoor-outdoor living.

Blackbutt timber flooring flows throughout, complemented by oversized internal doors, generous ceiling heights and a refined coastal palette that creates a warm and inviting atmosphere. Every detail has been carefully considered to deliver a home that feels timeless, functional and effortlessly elegant.

Outside, the lifestyle continues with a sparkling swimming pool framed by modern Australian native landscaping and a large, flat grassed backyard perfect for children and pets to play, enjoy your own private coastal sanctuary at home.

Property Features

• Architecturally designed contemporary coastal residence

• Four spacious bedrooms and three stylish bathrooms

• Flexible ground-floor bedroom or home office

• Well-appointed kitchen with gas stove cooking, stainless steel appliances, dishwasher and walk in pantry

• Expansive open-plan living and dining areas

• Multiple living zones including a family/media room upstairs providing separation between bedrooms and the Master room

• Luxurious master retreat with walk-in robe and ensuite

• Split system air-conditioning

• Ceiling fans in rooms

• Oversized commercial-grade sliding glass doors

• Seamless indoor-outdoor entertaining

• Blackbutt timber flooring throughout

• Oversized internal doors and generous ceiling heights

• Ideal Northeast facing backyard

• Sparkling swimming pool

• Large flat grassed backyard adjoining the pool area

• Landscaped gardens featuring Australian native plantings

• Outdoor shower, perfect after beach days

• Oversized double lock-up garage with high ceilings and storage room

• Move-in ready with nothing to spend

• Walk to Miami Beach and the vibrant Nobby’s dining precinct, cafés, restaurants, Miami schools, parks, sporting facilities

• Exceptional family lifestyle in one of Miami’s most sought-after beachside pockets

Perfectly positioned in a tightly held beachside pocket of Miami, you’ll enjoy the convenience of walking to Miami Beach, local parks, cafés, schools, GC Light Rail Tram Line and the renowned Nobby’s precinct.

Secure your slice of Miami paradise and embrace the ultimate Gold Coast lifestyle.

For further information or to arrange your private inspection, contact Sarah Davari 0403 042 668

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by Sarah Davari, One Agency Burleigh - Miami — reproduced as published, not verified by Districts.

Property features

  • Deck
  • Dishwasher
  • In-Ground Pool
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.