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QLD › Birtinya › Innovation Parkway

U201, 21 Innovation Parkway, Birtinya QLD 4575

For saleUnit

$1,395,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,395,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,395,000(Listing record · 30 June 2026)
  • CalculationAsk is 7% above the Birtinya median recorded sale ($1,308,500, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Birtinya's advertised median rent ($823/wk), implied gross yield would be 3.07% — 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

$1,395,000

Asking

No recorded sale for this property.

Birtinya at a glance

5,223

People

$1,308,500

Median sale

$823/wk

Median rent

3.27%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Birtinya report →

Vs Birtinya

+6.6%

Median sale

Suburb $1,308,500

-0.20 pp

Gross yield

Suburb 3.27%

Suburb median $1,308,500 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,395,000
Stamp Duty (Queensland)
$60,738
Transfer/Registration Fee
$5,928
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
$1,465,366

$70,366 on top of the price (5.0% 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 Birtinya's advertised median rent — not a rent for this listing.

Net yield
1.57%
Annual cashflow (pre-tax)
$-50,669
Interest cover (DSCR)
0.30
Annual rent
$42,796
Operating expenses
$20,925
Loan amount
$1,116,000
Annual interest
$72,540
Gross yield
3.07%

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$1,395,000available30 June 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 $823/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 3.1%. 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

Birtinya in one glance

Birtinya at a glance

5,223

People

$1,308,500

Median sale

$823/wk

Median rent

3.27%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Birtinya report →

Keep researching

  • Why Birtinya? Read the area thesis →
  • What else is on the market in Birtinya →
  • Other records on Innovation Parkway →

Listing material

Listed by Fulton and Co Property

Rare Ground‑Floor Lakefront Penthouse with 3 Bedrooms, 3 Ensuites, 2 Car

Fulton and Co Property is proud to represent the sale of 201/21 Innovation Parkway, Birtinya - Three Bedrooms. Three Ensuites. Study. Oversized Courtyard. Direct Waterfront Access.

Welcome to a rare offering within the acclaimed Edgewater complex — a Ground‑Floor Penthouse that blends the scale and privacy of a luxury home with the ease and amenity of resort living.

This is a home for those who value refined living: downsizers seeking freedom without compromise, medical professionals wanting walkable access to the hospital precinct, or investors securing a premium asset in one of the Coast’s fastest‑growing waterfront communities.

Read the full description

A Penthouse‑Scale Floorplan with Seamless Indoor–Outdoor Living, the sense of space is immediate, with three ensuited bedrooms, a dedicated study, and a beautifully proportioned open‑plan living zone, this residence offers the sophistication of penthouse living — all on the ground floor.

The oversized patio, a feature unique to this residence, expands the internal footprint, enhances natural light, and creates a seamless connection to the outdoors. From here, enjoy direct, effortless access to the lakeside promenade, walking paths and resort amenities — a privilege rarely available in apartment living.

Premium finishes elevate the experience:

*600x600 polished tiles

*Separate laundry + powder room

*Seperate study

*Two car spaces, including over‑bonnet storage on one car park

*This is low‑maintenance luxury with the proportions and presence of a standalone home.

*A Resort Lifestyle at Your Doorstep

As a resident of Edgewater, you’ll enjoy exclusive access to:

*Resort‑style pool

*Heated lap pool

*Spa

*Gymnasium

*Community garden

*On‑site managers ensuring security and immaculate presentation

The complex is renowned for its strong community, meticulous upkeep and consistent buyer demand — with penthouse‑scale residences exceptionally rare.

A Waterfront Lifestyle Defined by Walkability, from your courtyard, step directly onto kilometres of lakeside walking and cycling paths, connecting you to everything Birtinya is known for:

*Sunshine Coast University Hospital & Private Hospital

*Stockland Birtinya Shopping Centre

*Kawana Sports Hub

*Cafés, dining and everyday essentials

This is a lifestyle where morning walks, lakeside sunsets and effortless daily living become part of your rhythm.

Future Growth & Infrastructure:

*Birtinya continues to evolve as one of the Sunshine Coast’s most strategically planned communities. Key future developments include:

*The proposed Birtinya Transit Centre integrating bus and rail connectivity

*Expansion of the hospital and allied health precinct

*Ongoing commercial, retail and lifestyle development

*Strengthening of the Oceanside masterplan, supporting long‑term capital growth

*This is a location with exceptional upside — a waterfront urban hub with national significance.

Why This Ground‑Floor Penthouse Is Exceptional:

*Ground‑floor airconditioned penthouse scale with direct access to lakeside paths and amenities

*Spanning an impressive 173m²

*Elevated lakefront outlook with complete privacy

*Oversized patio creating a larger, more versatile floorplan

*Three ensuited bedrooms + study + powder room — a premium and highly desirable configuration

*Resort amenities without the maintenance

*Strong rental demand from medical and allied health professionals

*Positioned in one of Australia’s fastest‑growing coastal regions

Rarely do apartments offer this combination of waterfront outlook, expansive outdoor living and house-sized proportions. Whether you're downsizing, investing or searching for a low-maintenance lifestyle without compromise, this exceptional Edgewater residence delivers space, convenience and resort-style living in one of the Sunshine Coast's most desirable waterfront communities.

Listing description written by Carmel Fulton, Fulton and Co Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 3
  • Gym
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Secure Parking
  • Study
  • Toilets: 4

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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.