Paradise Point at a glance
7,649
People
$1,755,000
Median sale
$847/wk
Median rent
2.51%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
QLD › Paradise Point › O Grady Dr
$1,895,000
For sale
Asking
4
Bedrooms
3
Bathrooms
4
Car spaces
685 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
$1,895,000
Asking · $2,766/m² of land
No recorded sale for this property.
Paradise Point at a glance
7,649
People
$1,755,000
Median sale
$847/wk
Median rent
2.51%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Paradise Point
+8.0%
Median sale
Suburb $1,755,000
-0.19 pp
Gross yield
Suburb 2.51%
Suburb median $1,755,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$101,444 on top of the price (5.4% 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 Paradise Point'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 $847/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 2.3%. 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
Paradise Point at a glance
7,649
People
$1,755,000
Median sale
$847/wk
Median rent
2.51%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Gold Coast NorthWaterfront lifestyle, versatile living and unrivalled potential come together at 48 O'Grady Drive - a rare Paradise Point residence positioned moments from the village precinct, local cafes, dining and the relaxed coastal lifestyle that makes this location so tightly held.
Lovingly held by the current owners for over 20 years, this much-loved waterfront home presents a genuine opportunity for one fortunate buyer to secure an exceptional Paradise Point holding.
Set in a blue-chip waterfront position, this double storey home combines immediate lifestyle appeal with outstanding future potential - offering the flexibility to enjoy as is, enhance over time, or explore the possibilities that come with securing such a valuable Paradise Point asset.
A defining feature of the property is the rare drive-through access from the street directly to the water's edge via an impressive (approx. 2.8m tall) garage. Offering exceptional versatility for boats, watercraft, recreational vehicles and additional storage, this is the type of waterfront convenience that continues to make properties of this calibre highly sought after.
The ground level delivers incredible, generational flexibility with an air-conditioned multi-purpose guest room featuring mirrored robes, a living space and external access - ideal as guest accommodation, a teenager's retreat, home office or additional living zone. A full downstairs bathroom further enhances the functionality of this versatile space.
The upper level delivers an impressive sense of space, highlighted by an oversized living and family area designed to embrace the relaxed Paradise Point lifestyle.
Comfort is assured year-round with zoned ducted air conditioning upstairs and additional air conditioning downstairs, while further features include gas hot water, a study nook upstairs, under-stair storage and a well-appointed laundry with generous bench space and additional storage.
The beautifully updated kitchen forms the centrepiece of the home as it overlooks the indoor and outdoor entertaining zones while featuring extensive bench space, excellent storage and a practical design ideal for hosting family and friends.
Outside, the residence transforms into a private resort-style retreat with a large, tiled swimming pool and dedicated waterfront entertaining area - creating the perfect setting for weekend gatherings, family enjoyment and effortless Queensland living.
Property highlights include:
- Rare waterfront position with direct drive-through access from the street to the water's edge
- Expansive living and entertaining areas designed for relaxed coastal living
- Updated entertainer's kitchen with gas cooktop, excellent storage and plumbed-in refrigerator
- Large fully tiled inground pool with waterfront entertaining patio
- Ground-floor multi-purpose guest room with air conditioning, mirrored robes and private access
- Powered internal workshop, abundant storage and practical utility spaces throughout
The true opportunity lies beyond the immediate lifestyle benefits. Positioned in a highly sought-after Paradise Point waterfront precinct, this is a rare chance to acquire a property with genuine value-add potential in a suburb where premium waterfront opportunities are tightly held and rarely offered.
Whether you choose to enjoy the existing residence, undertake a considered transformation, or capitalise on the long-term potential of the location, 48 O'Grady Drive represents an outstanding opportunity to secure a significant waterfront asset.
Contact Andrew Murray at McGrath Paradise Point on 0411 087 778 for further information.
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Listing description written by Andrew Murray, McGrath Gold Coast North — reproduced as published, not verified by Districts.