Clear Island Waters at a glance
4,570
People
$2,050,000
Median sale
$938/wk
Median rent
2.38%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Clear Island Waters › Cayman Dr
4
Bedrooms
2
Bathrooms
3
Car spaces
743 m²
Land
236 m²
Building
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 Clear Island Waters (last 5 years) with land size have a median of $2,638/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Clear Island Waters at a glance
4,570
People
$2,050,000
Median sale
$938/wk
Median rent
2.38%
Suburb gross yield
Median sale from 29 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 $938/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
Clear Island Waters at a glance
4,570
People
$2,050,000
Median sale
$938/wk
Median rent
2.38%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by COASTAL °Positioned in the highly sought-after Clear Island Waters precinct, this substantial 743m² corner block presents an exciting opportunity for renovators, visionaries, and those seeking a premium redevelopment site. Whether you're looking to update the existing home or create something brand new, the scale, layout, and location offer endless potential.
The residence itself is generously proportioned, with multiple living areas, four bedrooms, and a fantastic indoor-outdoor flow. From the large undercover entertaining space to the sparkling pool framed by landscaped gardens, it's a home designed for relaxed living and entertaining, ready to be reimagined to your taste.
This property is going to Auction on Saturday 25th October at 2pm on-site. If not sold prior!
Notable Features:
- 743m² corner block - ideal for redevelopment or renovation
- 4 bedrooms, 2.5 bathrooms, 2 car garage plus parking for boat/caravan or extra vehicles
- Two separate living areas - formal and informal
- Separate dining area with flexibility to be used as a study
- Kitchen with marble benchtops, Euromaid electric cooktop, 90cm Ariston oven, and dishwasher
- Informal living opening to undercover entertaining area with built-in cabinetry for BBQ space
- Fully fenced swimming pool with saltwater chlorinator and creepy crawly
- Ducted air-conditioning throughout plus ceiling fans in all bedrooms and living areas
- Main bedroom with walk-in robe and ensuite
- Secondary bedrooms with mirrored sliding wardrobes and ceiling fans
- Separate laundry with ample storage
- Alarm system with 3 fitted security cameras
- Manicured gardens and established surrounds
Development Information:
As the property is on a valuable corner block, an "Impact Assessable Application" can be sought through City of Gold Coast Council, to potentially create a duplex development. The "Public Notification Process would be required and it is recommended to consult your Town Planner to clarify.
Financials:
- Council rates $4,040 (approx. per annum)
- Water rates $1,218 (approx. per annum)
- Projected rental of $1,200 - $1,300 (approx. per week)
Travel to:
- Only a short stroll of 5-10 minutes to your local pizza restaurant "Sapori" with amazing real Italian cuisine, Goji Granola Bar and Café & Medical Centre - 700 m
- Q Super Centre (Aldi, Coles, Woolworths, Butcher, florist, Australia Post, Cafes & Restaurants and much more) - 500 m
- Robina Town Centre - 7.4 km
- Pacific Fair Shopping Centre - 4.2 km
- The Star Casino, Broadbeach - 4.7 km
- Gold Coast Convention & Exhibition Centre - 4.9 km
- Bond University - 5.8 km
- St Vincents Primary (catholic school) - 1 km
- Broadbeach State School - 3.7 km
- Merrimac State High School - 2.9 km
- Somerset College (private school) - 9.1 km
- All Saints Anglican School (private school) - 10 km
- Robina Train Station - 6.4 km
- Cbus Super Stadium - 6.7 km
- Gold Coast Airport - 24 km
This is a rare opportunity to secure a property with great bones in a tightly held pocket of Clear Island Waters. Whether you're upgrading, renovating, or redeveloping, 40 Cayman Drive is a property that will reward vision and creativity.
For further information on this property please contact Grant & Cassandra Stephens on 0402 888 397 or email teamstephens@coastal.com.au.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Grant & Cassandra Stephens, COASTAL ° — reproduced as published, not verified by Districts.