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QLD › Palm Beach › Gold Coast Hwy

U24d, 973 Gold Coast Hwy, Palm Beach QLD 4221

For saleUnit

$1,750,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

623 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,750,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,750,000(Listing record · 20 Mar 2026)
  • CalculationLand 623 m² against a 94 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 8% below the Palm Beach median recorded sale ($1,907,500, n=50, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Palm Beach's advertised median rent ($952/wk), implied gross yield would be 2.83% — 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

$1,750,000

Asking · $2,809/m² of land

No recorded sale for this property.

Palm Beach at a glance

18,887

People

$1,907,500

Median sale

$952/wk

Median rent

2.60%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Palm Beach report →

Vs Palm Beach

-8.3%

Median sale

Suburb $1,907,500

+0.23 pp

Gross yield

Suburb 2.60%

Suburb median $1,907,500 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,750,000
Stamp Duty (Queensland)
$81,150
Transfer/Registration Fee
$7,558
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
$1,842,408

$92,408 on top of the price (5.3% 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 Palm Beach's advertised median rent — not a rent for this listing.

Net yield
1.33%
Annual cashflow (pre-tax)
$-67,746
Interest cover (DSCR)
0.26
Annual rent
$49,504
Operating expenses
$26,250
Loan amount
$1,400,000
Annual interest
$91,000
Gross yield
2.83%

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$1,750,000available20 Mar 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 $952/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 2.8%. 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

Palm Beach in one glance

Palm Beach at a glance

18,887

People

$1,907,500

Median sale

$952/wk

Median rent

2.60%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Palm Beach report →

Keep researching

  • Why Palm Beach? Read the area thesis →
  • What else is on the market in Palm Beach →
  • Other records on Gold Coast Hwy →

Listing material

Listed by PRD Burleigh Heads

Sub-Penthouse Living with Uninterrupted Coastal Views

Secure your front-row position to one of the Gold Coast's most breathtaking outlooks with this 24th floor sub-penthouse in the iconic 'Royal Palms'. Showcasing uninterrupted, never-to-be-built-out views stretching along the coastline to the glittering city skyline, this is coastal living at its finest.

Bathed in natural light, the beautifully presented interiors blend relaxed coastal elegance with timeless Hamptons-inspired style. The designer kitchen is a true centrepiece, featuring custom stone benchtops, quality cabinetry, premium appliances and a herringbone splashback. Open-plan living and dining flow seamlessly to a sunlit balcony, where sweeping ocean views provide an ever-changing backdrop.

The apartment offers two well-appointed bedrooms, including a private master retreat with its own ocean-view balcony, built-in robe and modern ensuite. A stylish main bathroom, additional storage and secure parking for one car complete the residence.

Read the full description

Residents of Royal Palms enjoy access to exceptional resort-style amenities, including a 33m lagoon pool with waterfall and waterslide, spa, steam room, gym and tennis court.

Perfectly positioned just moments from the sand, you're only a short stroll to Palm Beach Parklands and within easy reach of vibrant cafés, restaurants and some of the Gold Coast's most renowned coastal destinations.

Whether you're seeking a luxurious downsizer, holiday escape, or high-performing investment, this is a rare opportunity to secure an elevated beachfront lifestyle with uninterrupted views that will never be lost.

Features:

- 24th floor sub-penthouse with uninterrupted coastal & skyline views

- Light-filled interiors with refined coastal & Hamptons-inspired finishes

- Designer kitchen with stone benchtops and shaker cabinetry

- Premium integrated appliances with tiled herringbone splashback

- Open-plan living and dining seamlessly flowing to an ocean-view balcony

- Two bedrooms, master with ensuite and private ocean-view balcony

- Stylish main bathroom, secure car space with intercom access

- Resort-style facilities including lagoon pool, spa, gym and tennis court

- Short stroll to the beach, parklands, cafés, bars and restaurants

- Perfect for downsizers, holidaymakers or savvy investors

Disclaimer: Whilst 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 instead satisfy themselves by inspection or otherwise.

Listing description written by Ben Snell, PRD Burleigh Heads — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Ensuites: 1
  • Floorboards
  • Gym
  • In-Ground Pool
  • Secure Parking
  • Tennis Court

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

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