Palm Cove at a glance
2,803
People
$1,230,000
Median sale
$676/wk
Median rent
2.86%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
QLD › Palm Cove › Cascade Blvd
$1,700,000
Last sold
20 Mar 2023
4
Bedrooms
3
Bathrooms
2
Car spaces
600 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
Last sold
$1,700,000
20 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Palm Cove (last 5 years) with land size have a median of $1,545/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Palm Cove at a glance
2,803
People
$1,230,000
Median sale
$676/wk
Median rent
2.86%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Palm Cove
+38.2%
Median sale
Suburb $1,230,000
-0.79 pp
Gross yield
Suburb 2.86%
Suburb median $1,230,000 from 27 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 $676/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
Palm Cove at a glance
2,803
People
$1,230,000
Median sale
$676/wk
Median rent
2.86%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Cairns BeachesNUR the Indonesian word for "Light" inspired the renovation and total transformation of this luxurious home, where simplicity creates ultimate sophistication. A sense of complete freedom and endless space thanks to the minimalistic approach, high ceilings, and endless walls of glass that connect seamlessly to the outdoors. The Pavilion Style home pivots around the kitchen and main living room which overlook the stunning pool.
The open plan design and layout is well considered offering multiple indoor and outdoor living zones perfect for large social gatherings, combined with smaller intimate entertainment spaces. Shade and natural breezes are in abundance thanks to the clever fusion of modern Australian building techniques, complimented by traditional Mediterranean methods with rendered textured walls that stay cool to the touch.
STAND OUT FEATURES
- NUR is a Luxurious Pavilion Style Home that epitomises Modern Tropical Living
- Passionately Renovated to the highest standard inspired by Australian, Asian and Mediterranean Design.
- Private Gated Entrance with bespoke solid timber front doors, edged by manicured topiary, boxed hedge, trees, and ivy creates a very impressive first impression for your guests.
- European Resort Style Pool, with frameless glass fencing, surrounded by Luxurious oversized pavers, extended outdoor lounge for those sun worshipers seeking the ultimate swimming experience.
- The Owners Master Suite is hidden, tucked neatly away towards the rear of the property, with walk through robe and opulent bathroom reminiscent of a 5 Star Resort with its very own private garden, direct access to the pool guaranteeing to most serene start to anyone's day.
- Glamorous Entertainers Kitchen with central island, waterfall stone benchtops, endless cabinetry, stainless steel appliances, double fridge space and 6 burner gas cook top, and chefs wall oven centrally located overlooking the Dining Room, Lounge, Central Pavilion, and the Pool.
- Central Pavilion and Alfresco creates an additional entertainment space perfect for hosting larger gatherings with high vaulted roof, oversized fans, timber glass stacking door, louvres and feature Atrium with tropical plants, ferns, and palms.
- Formal Lounge providing a generous space to relax, unwind and read, with concreate feature wall, floating Entertainment cabinetry and seamless connection to the alfresco, pool and garden pavilion.
- Modern 500 x 500 tiled flooring, with glass and timber louvres, new fans, LED lighting, air-conditioning, fly and security screens, and sunshade awnings throughout the property.
- Mature Tropical Gardens, framed by high walls creating a secluded private haven with palms, gingers, heliconia's and tree ferns with irrigation and night lights. Colourbond double gated side access
- Guest wing offers two large spacious bedrooms with sliding glass doors leading out to their very own private courtyard with main bathroom, additional powder room. Private gated access perfect for a guest retreat, Multi-Generational Living, or lucrative hobby to start your own bed and breakfast.
The location will undoubtedly catapult this home to another level of desirability as you are only seconds walk to the Ocean, the Beach, and the iconic Palm-Fringed Esplanade that is Palm Cove. Ocean's Edge semi-private estate is considered one of the most desirable coastal locations in Tropical Far North Queensland.
Please call SEAN THORPE on 0431 052 490 or JAN HOOGHE 0406 520 941 for more information or to book your very own private inspection.
*** This property is being sold by "BEST OFFER ON OR BEFORE DATE". All Expression of Interest must be received by 5pm on Saturday 1st April 2023. The owner will also consider offers prior to The Best Offer Date***
Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
Listing description written by Sean Thorpe, Ray White Cairns Beaches — reproduced as published, not verified by Districts.