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QLD › Golden Beach › Drake St

5 Drake St, Golden Beach QLD 4551

House

$1,410,000

Last sold

13 Aug 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

610 m²

Land

206 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,410,000 (13 Aug 2025).(Recorded sale)
  • CalculationRecorded House sales in Golden Beach (last 5 years) with land size: median $2,012/m² of land (n=68). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,410,000

13 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in Golden Beach (last 5 years) with land size have a median of $2,012/m² of land (n=68). Districts calculation from recorded sales — not a valuation.

Golden Beach at a glance

5,959

People

$1,301,500

Median sale

$694/wk

Median rent

2.77%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Golden Beach report →

Vs Golden Beach

+8.3%

Median sale

Suburb $1,301,500

-0.21 pp

Gross yield

Suburb 2.77%

Suburb median $1,301,500 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,410,00013 Aug 2025
  2. Listedprice unknowncompleted9 Apr 2025

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 $694/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

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

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

Golden Beach in one glance

Golden Beach at a glance

5,959

People

$1,301,500

Median sale

$694/wk

Median rent

2.77%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Golden Beach report →

Keep researching

  • Why Golden Beach? Read the area thesis →
  • What else is on the market in Golden Beach →
  • Other records on Drake St →

Listing material

Listed by Team JP Real Estate

SOLD WITH MULTIPLE OFFERS

Set on 610sqm in a beachside cul-de-sac just 200m from the water this classic traditional Beach House is renovated ready the new Owners to just move in and unpack. Complete with a pool and studio, perfect for a home business or art studio. Set up for dual occupancy perfect for adult children/aging parents or just reap the reward of renting out for extra income.

Renovations include

- Polished original timber floors and additional solid timber floors to rear extension

Read the full description

- Two new kitchens with almost new stove in one kitchen

- Open plan Kitchen and living area open seamlessly to outdoor living

- Full stacker doors to rear patio and pool with landscaped gardens

- Totally separate studio ideal for home business/art studio

- Large private rear patio with shutters ideal for entertaining

- Front main family bathroom is wheelchair friendly

- Two separate laundry’s and two clothes lines

- Crimsafe on all external doors

- 3m x 7m (21,000 litres) heated salt water pool

- New pool filter and controller + pool blanket

- Roof has been replaced with modern Colorbond

- Fully maintained terminate barrier with annual inspections

- 6.5kw Solar and 3 phase power

- Air-conditioning in master bedroom + both living areas

- Electric hot water system + heat timer

- Water tank near Studio - used to top up the pool

- Garden shed and raised vegetable gardens

- Neat paths around property and tidy low maintenance gardens

Premium location:

- 200m to the waterfront where you can launch your Kayak or kite surf

- Walking tracks and bikeways at your doorstep (no roads to cross)

- Dog park and large park for children and pets to enjoy just a few houses away

- Walk to Power Boat Club, as and boat ramp close by

- Short stroll to Golden Beach strip shops, restaurants and cafes

- Easy access to Caloundra’s world class beaches, bikeways all the way

- Centrally located close to Caloundra and Pelican Waters shopping centres/medical

Independent Rental Appraisal - $1,000 per week.

The Owners have already vacated so this home is available for a quick settlement. Call us to book your private inspection today.

Listing description written by Janice Nankivell & Petals Waite, Team JP Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 2
  • Water Tank
  • Workshop
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.