Palm Beach at a glance
18,887
People
$1,915,000
Median sale
$952/wk
Median rent
2.59%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
QLD › Palm Beach › Melaleuca Dr
$3,800,000
For sale
Asking
5
Bedrooms
3
Bathrooms
2
Car spaces
809 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
$3,800,000
Asking · $4,697/m² of land
No recorded sale for this property.
Palm Beach at a glance
18,887
People
$1,915,000
Median sale
$952/wk
Median rent
2.59%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Vs Palm Beach
+98.4%
Median sale
Suburb $1,915,000
-1.29 pp
Gross yield
Suburb 2.59%
Suburb median $1,915,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$219,828 on top of the price (5.8% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Palm Beach's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $952/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.
Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Beach at a glance
18,887
People
$1,915,000
Median sale
$952/wk
Median rent
2.59%
Suburb gross yield
Median sale from 51 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TugunSet on an expansive 809sqm block of prime waterfrontage, 64 Melaleuca Drive, Palm Beach captures the absolute best of Gold Coast Living. Boasting a coveted, sun-drenched north-facing aspect directly onto clean tidal water. This recently and impeccably renovated property features its very own private sandy beach and direct ocean access via Tallebudgera Creek. It is a rare combination of space, position, and pristine water frontage.
The heart of the home is defined by its spectacular, seamless indoor-outdoor flow. Step through wide openings from the light-filled central living spaces directly onto your sprawling alfresco deck. Whether you are hosting a large-scale gathering against a stunning backdrop or enjoying a quiet morning coffee, the transition to the outdoors is effortless, looking out over your private sandy beach and complete 20.1 metres of water frontage, connecting directly to Tallebudgera Creek.
The Master Bedroom is the true treat of the home. Occupying its very own level, this private retreat comes complete with its own walk-in wardrobe and a beautifully finished ensuite. The bedroom seamlessly connects to a private balcony, offering a secluded space to relax while overlooking the sparkling canals.
This property offers far more than just a home-it delivers a highly desirable, world-class Palm Beach lifestyle. You are just moments away from pristine surf beaches, the tranquil turquoise waters of the Tallebudgera Estuary, elite local schools, vibrant local shopping precincts, and the Gold Coast's trendiest cafes and dining hubs.
The Highlights:
• 5 Bedroom, 3 Bathroom, 2 Car
• 809m2 Alottment
• Recently Renovated
• 20.1 Metres of North-Facing Water Frontage
• Fully Fenced - Pet Friendly
• Study
• Open Plan Living & Kitchen Space fit with Butlers Pantry
• Double Sided Access
• Smeg 900mm Freestanding Oven with Induction Stovetop
• Integrated Bosch Dishwasher
• Fujitsu Split System Air-Conditioning in Main Suite
The Location:
• Opposite Mallawa Sports Complex*
• 800m to Murlong Crescent Swimming Area*
• 1.3km to Palm Beach State primary School*
• 1.5km to Palm Waters Shopping Village*
• 1.9km to Closest Beach or 4 Minute Drive*
• 2.8km to Elanora State High School*
• 3.5km to James Street Burleigh*
• Easy M1 Access*
Approx*
Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein
Listing description written by Dion Zorko, Ray White Tugun — reproduced as published, not verified by Districts.