Palmers Island at a glance
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Median sale
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Median rent
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Suburb gross yield
NSW › Palmers Island › North Bank Palmers Chanel
For sale
For sale
9
Bedrooms
4
Bathrooms
12
Car spaces
1,693,000 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
No recorded sale price for this property yet.
Palmers Island at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
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.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Palmers Island at a glance
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Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Yamba Valley Real EstateAfter 33 years of successful operation whilst developing a new industry, the property and inclusions of Ausfarm; one of the oldest and largest continually operated prawn farms in Australia, is offered for sale.
Situated on a sealed road just 9 klm outside the popular tourist and surfing town of Yamba with its bars, restaurants, clubs, shops and medical services; this property has all expected town services incl: power, water, phone and internet.
Opened in 1988 and servicing committed Sydney & International buyers; the property covers a total of 169.3Ha (418Ac), containing 34 specially designed ponds producing premium quality prawns and is recognised as a market and industry leader.
Focus has always been on quality, not volume so having reached retirement age, the owners have wound back production volumes over the past 4 years. Now rather than quantity they specialise in quality; supplying a larger & tastier boutique product, sold at premium prices.
On offer is 129.5ha developed under aquaculture licence; with over 20ha Water Supply system incl: Reservoir, Supply Canals & Settlement Pond; 6Ha of Water Inlets and Feeder Channels able to produce we are told, 10ton of grown fat juicy Yamba Prawns per ha – that's a lot of production and a bigger lot of income with today's increased demand and prices!
The property has 2 separate water Channel accesses, to ensure a fresh usable water source even in (salty) drought or (fresh water) wet weather conditions. Adjoining under separate title is a 39Ha Cane Farm, acquired for future expansion.
The primary residence is a brick & tile structure of 175m2. On the ground floor are 2 bedrooms, dining room, kitchen, bathroom (shower & toilet) plus 2 car garage. On the 2nd floor are 3 bedrooms, dining, living-room, kitchen, bathroom and 2nd toilet.
There is a second (manager's) residence of 190m2; containing 4 Bedrooms, kitchen, living room, dining room, bathroom including shower and toilet. In total, the property holds 5 Dwelling (house) Entitlements if more dwelling construction is required.
The Processing Plant facility covers 847sq/m; is fully operational and well maintained, with an undercover receiving area of 63m2. The facility can process approx. 500kg of green prawns/hr; utilising their fully functional cooking room/facility, grading machine, and a sorting & packing shed built to DPI Quarantine export standards. The Main Blast Freezer has a 42m2 freeze capacity to -30c; the Product Storage Freezer of 96m2 to-20c. Ice Room: 28m2. Capable of 7 tons of ice per day.
There's machinery sheds full of vehicles & equipment, plus so much more we can't possibly list it all here. However, it's all detailed in our Information Memorandum which is available upon request.
We'll be harvesting for the next month or so; so why not 'go the Raw Prawn' and arrange an inspection today?
Listing description written by Warren Tucker, Yamba Valley Real Estate — reproduced as published, not verified by Districts.
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