Shorncliffe at a glance
1,929
People
$1,450,000
Median sale
$480/wk
Median rent
1.72%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Shorncliffe › Palm Ave
$915,000
Last sold
17 Apr 2019
4
Bedrooms
2
Bathrooms
4
Car spaces
607 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
$915,000
17 Apr 2019 · derived via latest_sale
Local land rate: recorded House sales in Shorncliffe (last 5 years) with land size have a median of $2,703/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Shorncliffe at a glance
1,929
People
$1,450,000
Median sale
$480/wk
Median rent
1.72%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Shorncliffe
-36.9%
Median sale
Suburb $1,450,000
+1.01 pp
Gross yield
Suburb 1.72%
Suburb median $1,450,000 from 13 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 $480/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
UnknownArea
Shorncliffe at a glance
1,929
People
$1,450,000
Median sale
$480/wk
Median rent
1.72%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Property ShopGracefully appointed on a sprawling corner block with almost 50 metres of beautiful street frontage, this esteemed circa 1920's residence is an unapologetic representation of romantic bayside living. The owner's foresight has seen it transformed, through meticulous renovations and seamless extensions, into one of the area's most recognised homes.
Every aspect of this property is impressive. Whilst retaining its olde-world charm and character, contemporary flair and modern conveniences have been added to suit todays family.
- 4 bedrooms, 3 with built-in robes
- 2 large bathrooms
- elegant dining room with soaring ceilings
- multiple defined & inviting living spaces
- king-sized gourmet kitchen with island bench & gas stove
- air-conditioning, ceilings fans & insect screens throughout
- ultra-breezy twin decks, covered for year-round enjoyment
& with retractable privacy blinds
- off-street accommodation for up to 4 vehicles
- solar power
- remote-controlled driveway gate
- considerable under-house storage space
- pristine landscaping inc. established fruit trees, lush manicure lawns
& water tank
The cleverly spanned out floor-plan allows for the options a growing family may need as time moves forward.
Each of the living and dining areas are complete with uniquely ornate plaster ceilings and matching light fixtures. Soaring 3mtr+ ceilings couple with polished timbers floors, French doors, bay windows, decorative fretwork and leadlight glass panelling to celebrate the refinement of a bygone era.
Premium quality finishes and exceptional presentation provide spacious and light-filled interiors perfect for a genuine bayside lifestyle. The oversized central kitchen is designed with functionality and high calibre appliances yet is styled in keeping with the home's tradition.
This captivating property is surrounded by numerous other homes currently undergoing significant upgrades indicating strong value being injected into the area. Prestige homes in this neighbourhood consistently sell in excess of $1m. Considering raising the home and building in a second level? In this precinct the risk of overcapitalising is minimal.
Sited in arguably one of the area's most sought-after locales, convenience is at its prime here.
- 950mtrs to waterfront & marina
- 800mtrs to iconic Shorncliffe Pier
- 900mtrs to Golf Course
- 300mtrs to well-maintained parklands
- 750mtrs to prestigious St Patricks Boys College
- 450mtrs to ever-popular Shorncliffe State Primary School
- 400mtrs to train station
- 1.2kms to Sandgate Village township
- 200mtrs to cafes & boutique shops
- 16kms/20mins drive to domestic & internal airports
- all distances approximate
For those working in the CBD a mere 30 minute train ride home would have you living a stone's throw from the sparkling bay waters and marina. A few moments stroll at sunset would have you enjoying fish'n'hips by the sea whilst canoeists and paddle-boarders meander passed, fishermen sit patiently waiting for the perfect catch and lone pelicans bob along the tide. Even Brisbane's most popular trawlers, known for their fresh Moreton Bay seafoods, are within walking distance. This is living!
58 Palm Avenue Shorncliffe is a blue-chip acquisition reserved for the astute purchaser, and a rare opportunity not to be missed. Make this your revered family home for many decades to come.
Listing description written by Tamara and Mark Wecker, RE/MAX Property Shop — reproduced as published, not verified by Districts.
Nearby 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.