Benowa at a glance
10,728
People
$1,680,000
Median sale
$1,106/wk
Median rent
3.42%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
QLD › Benowa › Theatre Dr
$1,020,000
Last sold
5 Aug 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
250 m²
Land
193 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
$1,020,000
5 Aug 2024 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Benowa (last 5 years) with land size have a median of $4,308/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Benowa at a glance
10,728
People
$1,680,000
Median sale
$1,106/wk
Median rent
3.42%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Benowa
-39.3%
Median sale
Suburb $1,680,000
+2.22 pp
Gross yield
Suburb 3.42%
Suburb median $1,680,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $1,106/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
Benowa at a glance
10,728
People
$1,680,000
Median sale
$1,106/wk
Median rent
3.42%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Matrix Global Real EstateWelcome to Royal Pines Golf Resort, Benowa Q4217. This single level duplex is perfectly located in centre of Benowa, within the Benowa catchment zone, one of the most sought-after suburbs on the Gold Coast.
Architecturally designed, this duplex was built with high quality finishes by Sunland Group. It is surrounded by exquisite landscaping in the world class Royal Pines 27-hole golf precinct, where you can enjoy the peaceful golf environment whilst having easy access to everything you need.
Currently tenanted at $1,020/week until 5th August 2024. Immaculate condition. Suitable for astute investor or lifestyle owner occupier.
This property features:
3 large bedrooms, 2 bathrooms;
White porcelain tiles throughout lounge, dining area and bathrooms;
Master bedroom has spacious walk-in-robe and ensuite;
Ensuite with separate shower and bath;
High quality European kitchen appliances;
Ducted air-conditioning throughout with zone control;
Double lock-up garage with internal access;
Low body corporate fee approx. $55/week;
Market rent value $950 - $1,000 per week.
The convenient location include:
Walking distance to Double Barrell cafe in Royal Pines Resort, local shops and supermarket;
Within catchments Benowa State School & Benowa State High School;
Walking distance to Emmanuel College;
3 minutes' drive to Metricon Stadium;
5 minutes' drive to Nerang train station;
10 minutes' drive to Pacific Fair Shopping Centre;
15 minutes' drive to Surfers Paradise and Broadbeach;
Easy access to M1 to Gold Coast Airport or Brisbane.
Contact Sophia Ding today to book your private inspection and view this beautiful property. Inspections will be available from 4th April 2024.
Listing description written by Sophia Ding, Matrix Global Real Estate — reproduced as published, not verified by Districts.