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QLD › Banksia Beach › Frederick St

U1, 16 Frederick St, Banksia Beach QLD 4507

For saleSemi-detached

$725,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $725,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $725,000(Listing record · 26 May 2026)
  • CalculationAsk is 46% below the Banksia Beach median recorded sale ($1,350,000, n=89, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Banksia Beach's advertised median rent ($627/wk), implied gross yield would be 4.50% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$725,000

Asking

No recorded sale for this property.

Banksia Beach at a glance

7,432

People

$1,350,000

Median sale

$627/wk

Median rent

2.42%

Suburb gross yield

Median sale from 89 recorded sales (last 12 months) — a Districts calculation.

See the full Banksia Beach report →

Vs Banksia Beach

-46.3%

Median sale

Suburb $1,350,000

+2.08 pp

Gross yield

Suburb 2.42%

Suburb median $1,350,000 from 89 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$725,000
Stamp Duty (Queensland)
$25,650
Transfer/Registration Fee
$2,809
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
$757,159

$32,159 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 Banksia Beach's advertised median rent — not a rent for this listing.

Net yield
3.00%
Annual cashflow (pre-tax)
$-15,971
Interest cover (DSCR)
0.58
Annual rent
$32,604
Operating expenses
$10,875
Loan amount
$580,000
Annual interest
$37,700
Gross yield
4.50%

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$725,000available26 May 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 $627/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 4.5%. 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

Banksia Beach in one glance

Banksia Beach at a glance

7,432

People

$1,350,000

Median sale

$627/wk

Median rent

2.42%

Suburb gross yield

Median sale from 89 recorded sales (last 12 months) — a Districts calculation.

See the full Banksia Beach report →

Keep researching

  • Why Banksia Beach? Read the area thesis →
  • What else is on the market in Banksia Beach →
  • Other records on Frederick St →

Listing material

Listed by @realty

Charming 2-Bedroom Duplex in Banksia Beach Paradise

Step into island living at its finest with this charming 2-bedroom duplex perfectly positioned on tranquil Frederick Street in the heart of Banksia Beach. This delightful semi-detached home offers the perfect blend of comfort and convenience, ideal for downsizers, young professionals, or anyone seeking a peaceful coastal lifestyle on beautiful Bribie Island.

Features of the home include the following:

* Open living area

Read the full description

* 2 full sized bedrooms with built-in-robes

* Well appointed kitchen

* Entertainers deck

* Airconditioning

* Plantation shutters

* Freshly tiled floor

* Carport at front door

* Security doors

* Disability friendly

* Garage for second car or storage

* Private rear yard

* Corner block with plenty of parking for visitors

* Great neighbour in adjacent duplex

* No rear neighbour

* Banksia Beach Shopping Centre with doctors, dentists, chemists, cafes, Woolworths and other specialty stores

* Pacific Harbour Golf & Country Club featuring an 18-hole championship golf course

* Solander Lakes Bowls Club - arguably the best Chinese meal on Bribie

* Bribie Island Community Arts Centre showcasing local talent and creativity

* Banksia Beach State School

* Multiple parks including Col Fisher Park, Cosmos Park, and Dampier Park for outdoor recreation

* Historical Matthew Flinders Exploration monument celebrating the area's rich maritime heritage

* Dog park

* Croquet Club, Tennis Courts, Pickleball

This well-appointed residence features two comfortable bedrooms with built-in wardrobes providing excellent storage solutions. The single bathroom is thoughtfully designed to maximise space and functionality. The open-plan lounge area creates a welcoming atmosphere for relaxation and entertaining, while split system air conditioning ensures year-round comfort throughout the home.

Modern convenience meets island charm with broadband internet availability, keeping you connected to the world while enjoying your slice of paradise. The property includes secure parking with both a garage and carport, providing flexibility for vehicles, boats, or storage needs. The fully fenced yard offers privacy and security, creating your own private retreat.

Banksia Beach is renowned as one of Bribie Island's most desirable residential areas, offering a unique blend of coastal living and modern amenities. The suburb is perfectly positioned on the western coast of Bribie Island, separated from mainland Queensland by the picturesque Pumicestone Channel. With its stunning canal estates and proximity to the pristine Bribie Island National Park, residents enjoy the best of both worlds - natural beauty and contemporary convenience.

The suburb's strategic location on Bribie Island offers residents a unique island lifestyle while maintaining easy access to mainland amenities. The peaceful residential streets are interspersed with beautiful parks and recreational facilities, creating a family-friendly environment that's hard to find elsewhere. Canal developments provide stunning water views and recreational opportunities right at your doorstep.

Transportation connections make commuting convenient while the island setting provides a natural buffer from the hustle and bustle of city life. Local shopping centres and community facilities ensure that daily needs are easily met without leaving the island paradise.

This property represents an outstanding opportunity to secure a foothold in one of Queensland's most sought-after island communities. The combination of modern features, practical layout, and premium location makes this duplex an ideal choice for those seeking quality, comfort, and the unique lifestyle that only Banksia Beach can offer.

Whether you're looking to downsize without compromising on quality, seeking your first home in a desirable location, or wanting to embrace the relaxed pace of island living, this Frederick Street gem ticks all the boxes. The fully fenced property provides security and privacy while the dual parking options add practical value for modern living needs.

Experience the magic of waking up each day in this island paradise, where native banksias bloom, waterways glisten, and community spirit thrives. This is more than just a home - it's your gateway to the coveted Bribie Island lifestyle that so many dream of but few get to experience.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Ross Hincksman, @realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Fully Fenced

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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.