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QLD › Cooroy › Garnet St

79 Garnet St, Cooroy QLD 4563

For saleHouse for Sale

$2,500,000

For sale

Asking

4

Bedrooms

3

Bathrooms

9

Car spaces

20,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,500,000(Listing record · 18 Oct 2024)
  • CalculationLand 20,200 m² against a 370 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 109% above the Cooroy median recorded sale ($1,198,500, n=48, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Cooroy's advertised median rent ($822/wk), implied gross yield would be 1.71% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,500,000

Asking · $124/m² of land

No recorded sale for this property.

Cooroy at a glance

5,644

People

$1,198,500

Median sale

$822/wk

Median rent

3.57%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Cooroy report →

Vs Cooroy

+108.6%

Median sale

Suburb $1,198,500

-1.86 pp

Gross yield

Suburb 3.57%

Suburb median $1,198,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,500,000
Stamp Duty (Queensland)
$124,275
Transfer/Registration Fee
$11,050
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,639,025

$139,025 on top of the price (5.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Cooroy's advertised median rent — not a rent for this listing.

Net yield
0.21%
Annual cashflow (pre-tax)
$-124,756
Interest cover (DSCR)
0.04
Annual rent
$42,744
Operating expenses
$37,500
Loan amount
$2,000,000
Annual interest
$130,000
Gross yield
1.71%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$2,500,000available18 Oct 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $822/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.7%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cooroy in one glance

Cooroy at a glance

5,644

People

$1,198,500

Median sale

$822/wk

Median rent

3.57%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Cooroy report →

Keep researching

  • Why Cooroy? Read the area thesis →
  • What else is on the market in Cooroy →
  • Other records on Garnet St →

Listing material

Listed by Hinternoosa

Unique 4-Bedroom Contemporary Home With Stunning Lake-Style Dam on 5 Acres in Cooroy's Heart

Welcome to this unique and contemporary 4-bedroom, 3-bathroom home, perfectly nestled on 5 acres of pristine land in the heart of Cooroy. Offering the best of both worlds, this property blends modern living with the serenity of nature, complete with stunning views over a large lake-style dam, this is a rare find in the middle of town.

This beautiful home features formal and informal living areas, boasting high ceilings, polished timber floors, and modern décor throughout. The cozy fireplace adds warmth and ambiance during cooler nights. The expansive bi-fold doors seamlessly connect the indoor and outdoor spaces, opening up to large verandahs where you can relax, entertain, or enjoy a BBQ while taking in the serene water views and the beauty of the surrounding landscape.

The heart of the home is the stylish kitchen, equipped with stainless steel gas and electric cooking appliances, stone benchtops, and a dishwasher - perfect for whipping up gourmet meals. The master suite is a retreat in itself, featuring a walk-in robe, a luxurious ensuite with double vanities, a spa bath, and direct access to the verandah, offering private views of the lake.

Read the full description

Three additional bedrooms, all with built-ins, are well-sized and share a contemporary main bathroom, with the laundry conveniently located nearby. Step outside and enjoy the resort-style in-ground pool and spa, ideal for cooling off on warm Sunshine Coast days.

In addition to the main house, the property includes a fully self-contained liveable shed with a carport, ideal for extended family or guests, plus a second 3-bay shed for extra storage or workspace and fits 6 cars inside . Dual access to the property is provided via a tar-sealed driveway and remote-controlled electric gates, offering both convenience and security.

This property is a nature lover's paradise, with beautiful birdlife fish plus platypus that live around the dam , veggie gardens, and a fire pit for those cozy outdoor evenings. Despite its peaceful, private setting, everything you need is at your fingertips. The home is within walking distance of local shops, schools, and sporting grounds, and just a short 15-minute drive to Noosa's famous beaches and lifestyle. Maroochydore Airport is 30 minutes away, and you can reach Brisbane's CBD in 1.5 hours by car or train for convenient shopping and entertainment.

This property truly offers the perfect package - a contemporary home with luxury features, ample space, and a prime location in the heart of Cooroy. Don't miss out on this incredible opportunity to enjoy the best of country living, with city convenience just moments away.

Development opportunities subject to local council approval , This is a rare 5 Acres in the middle of Cooroy Township.

The information contained herein has been obtained through sources deemed reliable by Hinternoosa, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. All measurements are approximate. Check with the local council for usage regulations.

Listing description written by Warren Berry, Hinternoosa — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Indoor Spa
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Secure Parking
  • Shed
  • Solar Hot Water
  • Solar Panels
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.