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QLD › Bowen › Banks Dr

Lot 5 Banks Dr, Bowen QLD 4805

For saleHouse

$735,000

For sale

Asking

4

Bedrooms

2

Bathrooms

7

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $735,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $735,000(Listing record · 16 July 2026)
  • CalculationLand 800 m² against a 148 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bowen (last 5 years) with land size: median $719/m² of land (n=113). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 30% above the Bowen median recorded sale ($565,000, n=163, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bowen's advertised median rent ($545/wk), implied gross yield would be 3.86% — 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

$735,000

Asking · $919/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Bowen (last 5 years) with land size have a median of $719/m² of land (n=113). Districts calculation from recorded sales — not a valuation.

Bowen at a glance

12,720

People

$565,000

Median sale

$545/wk

Median rent

5.02%

Suburb gross yield

Median sale from 163 recorded sales (last 12 months) — a Districts calculation.

See the full Bowen report →

Vs Bowen

+30.1%

Median sale

Suburb $565,000

-1.16 pp

Gross yield

Suburb 5.02%

Suburb median $565,000 from 163 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$735,000
Stamp Duty (Queensland)
$26,100
Transfer/Registration Fee
$2,855
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
$767,655

$32,655 on top of the price (4.4% 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 Bowen's advertised median rent — not a rent for this listing.

Net yield
2.36%
Annual cashflow (pre-tax)
$-20,905
Interest cover (DSCR)
0.45
Annual rent
$28,340
Operating expenses
$11,025
Loan amount
$588,000
Annual interest
$38,220
Gross yield
3.86%

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$735,000available16 July 2026

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 $545/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 3.9%. 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

Bowen in one glance

Bowen at a glance

12,720

People

$565,000

Median sale

$545/wk

Median rent

5.02%

Suburb gross yield

Median sale from 163 recorded sales (last 12 months) — a Districts calculation.

See the full Bowen report →

Keep researching

  • Why Bowen? Read the area thesis →
  • What else is on the market in Bowen →
  • Other records on Banks Dr →

Listing material

Listed by Explore Property Bowen

The Ultimate Family Home with Seven-Car Accommodation

If you've been searching for a home that offers modern family living without compromising on storage, space or functionality, 82 Banks Drive is sure to impress. Set on a generous 800m² allotment in the established Whitsunday Breeze Estate, this beautifully presented home is surrounded by contemporary homes and positioned just a short drive from Bowen's CBD, schools, hospital and everyday conveniences.

Designed with family living in mind, the spacious open-plan living area forms the heart of the home, seamlessly connecting to a separate dining space and flowing out to the covered outdoor entertaining area. Whether you're hosting family and friends or enjoying a quiet afternoon while watching the kids play, this home offers space for everyone to come together.

The stylish kitchen is both practical and inviting, featuring warm timber-look cabinetry, quality stainless steel appliances including a dishwasher, generous bench space and a walk-in pantry complete with sensor lighting-making everyday living that little bit easier.

Read the full description

Privately positioned away from the remaining bedrooms, the master suite provides the perfect parents' retreat with a walk-in robe and ensuite. Three additional bedrooms all feature built-in wardrobes and are serviced by a modern family bathroom, while a dedicated office nook offers the ideal space for working from home, homework or managing the household.

Comfort has been carefully considered throughout with ducted air conditioning and ceiling fans ensuring the home remains cool all year round.

Outside is where this property truly sets itself apart. The home offers the convenience of an attached double garage at the front, while wide side access leads to an impressive rear shed complex designed for those who need serious storage or workspace. Featuring a separate two-bay shed with automatic roller doors plus an additional three-bay garage, there's ample room for boats, caravans, trailers, extra vehicles or the ultimate workshop-all positioned neatly behind the home to maximise both functionality and street appeal.

The fully fenced backyard has been thoughtfully designed to suit family life, with a dedicated area for dogs and chooks while still leaving plenty of lawn for children to enjoy. An 8kW solar system with approximately 10 years of warranty remaining helps keep electricity costs down, while a water tank adds another practical touch.

Modern, functional and exceptionally well equipped, this is the complete family package offering the lifestyle, storage and flexibility that so many buyers are searching for.

Property Features

* 800m² fully fenced allotment

* Four spacious bedrooms

* Master suite with walk-in robe and private ensuite

* Three additional bedrooms with built-in wardrobes

* Spacious open-plan living

* Separate dining area

* Dedicated office nook

* Stylish kitchen with timber-look cabinetry

* Stainless steel appliances including dishwasher

* Walk-in pantry with sensor lighting

* Ducted air conditioning throughout

* Ceiling fans throughout

* Covered outdoor entertaining area

* Attached double garage at the front of the home

* Wide side access to an impressive rear shed complex

* Separate two-bay shed with automatic roller doors

* Additional three-bay garage/workshop

* 8kW solar system (approximately 10 years warranty remaining)

* Water tank

* Backyard sectioned for dogs and chooks

* Established estate surrounded by modern homes

* Just minutes from Bowen's CBD, schools, hospital and shopping

Homes that combine modern family comfort with this level of vehicle accommodation and workshop space are incredibly hard to find. Whether you need room for the boat, caravan, trailers, extra vehicles or simply want a home that gives your family space to grow, 82 Banks Drive delivers a lifestyle that's ready to be enjoyed from day one.

Listing description written by Kelsi Gaudry, Explore Property Bowen — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
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.