Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
$1,490,000
For sale
Asking
4
Bedrooms
2
Bathrooms
5
Car spaces
1,012 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
$1,490,000
Asking · $1,472/m² of land
No recorded sale for this property.
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Vs Cleveland
+17.3%
Median sale
Suburb $1,270,000
-0.41 pp
Gross yield
Suburb 2.77%
Suburb median $1,270,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$76,247 on top of the price (5.1% 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 Cleveland'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 $677/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 2.4%. 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
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate ClevelandPositioned in one of Cleveland's most tightly held and sought-after pockets, 8 Gotha Street presents a rare opportunity to secure a substantial 1,012m² parcel of land just one street back from the water in prestigious Oyster Point.
Widely regarded as the most desirable precinct outside of waterfront living in nearby Raby Bay, Oyster Point continues to attract buyers seeking a premium lifestyle location with exceptional long-term upside.
Whether you're looking to landbank, redevelop, or build your dream home, this property offers outstanding flexibility. Set on a level 1,012m² block, the site presents the potential to subdivide into two 506m² blocks (STCA), build a new residence while retaining the existing home, or create two brand-new homes in a location where quality properties are always in demand.
The existing residence has undergone several improvements in recent years, including a tastefully renovated ensuite with double vanities and double shower, whilst also boasting an amazing walk-in robe with custom cabinetry and an upgraded kitchen with an eye-catching tiled splash-back. Great open plan living areas, 4 bedrooms plus office and split system air-conditioning and ceiling fans providing comfortable living. A carport adjacent to the dwelling but not just that, you have fantastic side access with a concrete driveway to a double bay shed and caravan port at the rear making this a solid holding investment while future plans are prepared.
Currently returning almost $44,000 per annum in rental income, the property offers strong cash flow, allowing you to benefit from immediate returns while exploring the site's full potential.
Location wise, it is an easy walking distance to Cleveland's CBD, RSL and Oyster Point Parklands whilst also being just moments away from the newly renovated Grand View Hotel, Raby Bay harbour, local restaurants, cafes and schools in Cleveland State School and Cleveland District State High School.
Opportunities to secure a block of this size in such a tightly held pocket of Oyster Point are becoming increasingly rare. For the astute buyer looking to secure a premium piece of real estate with endless possibilities, this is one not to be missed.
Currently leased until February 13, 2027.
*** Disclaimer: All information contained in this advertisement is considered to be reliable, however we offer no guarantee or warranty as to the accuracy of the information. First National Cleveland accepts no liability and offers no compensation for any errors or inconsistencies in the typing, wording or inclusions stated in the advertisement. Interested parties should conduct their own independent inquiries and satisfy themselves in all respects as to the available inclusions, description and suitability of the property.
Listing description written by Ryan McCann, First National Real Estate Cleveland — reproduced as published, not verified by Districts.