Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Parramatta Park › Severin St
$609,000
For sale
Asking
$396,000
Last sold
7 Nov 2022
2
Bedrooms
1
Bathrooms
2
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
Asking
$609,000
Asking · $1,504/m² of land
Last recorded sale $396,000 (7 Nov 2022).
Local land rate: recorded House sales in Parramatta Park (last 5 years) with land size have a median of $1,501/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Parramatta Park
-20.1%
Median sale
Suburb $762,000
+1.00 pp
Gross yield
Suburb 3.98%
Suburb median $762,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,380 on top of the price (4.3% extra)
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.
Pre-filled with Parramatta Park's advertised median rent — not a rent for this listing.
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.
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 $583/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.
Gross yield if leased at the suburb aggregate is 5.0%. 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
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
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Cairns Edge HillFull of personality and artistic flair, this unique two-bedroom home offers a refreshing blend of relaxed tropical living and inviting entertaining spaces, all within easy reach of the Cairns CBD and Esplanade.
From the moment you arrive, the lush established gardens and fun, creative exterior set the tone for a home that is anything but ordinary. Step through the front door into a welcoming lounge area, which forms the heart of the front section of the home. Positioned off this space are two comfortable bedrooms, both complete with split-system air conditioning for year-round comfort. Polished concrete flooring flows throughout the living & kitchen/dining areas, adding a stylish and practical finish that perfectly complements its individual aesthetic.
Moving through the home, the kitchen and dining area connects to a spacious family room, providing a second and more generous internal living area with plenty of space to relax and unwind. Sliding doors open from this area, creating an easy connection to the outdoors and complementing the home’s relaxed tropical feel.
The established gardens add colour and a welcoming tropical atmosphere. At the rear, the fire pit area provides a fantastic setting for entertaining guests, enjoying relaxed evenings with friends or simply unwinding under the stars.
Completing the property is a large double-car freestanding garage with lockable doors and additional storage space, offering plenty of room for vehicles, tools, bikes and all the extras.
Ideally positioned just a short drive from the Cairns Esplanade, you’ll enjoy easy access to vibrant cafes, restaurants, bars and the Cairns CBD, along with major amenities including Cairns Hospital. The property is also located within the catchments for Parramatta State School and Trinity Bay State High School, adding further appeal for families.
Brimming with individuality and artistic flair, this distinctive property offers versatile living spaces, lush tropical surrounds and fantastic entertaining areas in a wonderfully convenient Cairns location. Call today to arrange your inspection!
Listing description written by Nadine Edwards, LJ Hooker Cairns Edge Hill — reproduced as published, not verified by Districts.