Coral Cove at a glance
1,603
People
$841,600
Median sale
$607/wk
Median rent
3.75%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
QLD › Coral Cove › Belmonte Dr
$365,000
Last sold
25 Oct 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
538 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
$365,000
25 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Coral Cove (last 5 years) with land size have a median of $1,034/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Coral Cove at a glance
1,603
People
$841,600
Median sale
$607/wk
Median rent
3.75%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Coral Cove
-56.6%
Median sale
Suburb $841,600
+4.90 pp
Gross yield
Suburb 3.75%
Suburb median $841,600 from 21 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 $607/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
Coral Cove at a glance
1,603
People
$841,600
Median sale
$607/wk
Median rent
3.75%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Four Walls RealtyWhat a little beauty! And at an unbelievable price!
Perfect for your investment portfolio or maybe as a great first home. Situated in a peaceful area of Coral Cove and next door is a park for the kids to play. How good is this spot?
This very neat home has 3 bedrooms all with built-ins, the master bedroom has a walk-in robe and ensuite. There is a second bathroom for the other members of the family, great size living areas and well established grounds. The home has a double garage, out-side covered area and a utility room you could use as a computer room or study area. This property boasts ceiling fans in all rooms and a tool shed in the yard for the mower.
If you like to swing a club or take a swim, the Coral Cove Golf Resort is close by and also the ocean is not that far away. All this with-in an easy fifteen minute drive to the Bundaberg CBD or eight minutes to the supermarkets, specialty stores and restaurants at Bargara.
Currently under tenancy to November 2021 at $325 per week.
Contact exclusive listing agent Amanda Filmer Four Walls Realty on 0416 164 190 to request a private inspection.
The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.
Disclaimer: In preparing this document we have used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility in respect to any errors, omissions, inaccuracies, or misstatements contained in this document. Prospective Purchasers should make their own enquiries to verify the information contained in the document.
Listing description written by Amanda Filmer, Four Walls Realty — reproduced as published, not verified by Districts.