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QLD › Palm Beach › The Esplanade

U502, 468 The Esplanade, Palm Beach QLD 4221

For saleApartment

$3,800,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

825 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,800,000(Listing record · 7 Aug 2026)
  • CalculationAsk is 99% above 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 1.30% — 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

$3,800,000

Asking · $4,606/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

+99.2%

Median sale

Suburb $1,907,500

-1.30 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
$3,800,000
Stamp Duty (Queensland)
$199,025
Transfer/Registration Fee
$17,103
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
$4,019,828

$219,828 on top of the price (5.8% 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
-0.20%
Annual cashflow (pre-tax)
$-205,096
Interest cover (DSCR)
-0.04
Annual rent
$49,504
Operating expenses
$57,000
Loan amount
$3,040,000
Annual interest
$197,600
Gross yield
1.30%

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$3,800,000available7 Aug 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 1.3%. 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 The Esplanade →

Listing material

Listed by Realty Blue Burleigh

Half floor beachfront living in the award winning Omnia

Positioned within one of Palm Beach's most exclusive beachfront addresses, this is a rare opportunity to secure a north-east facing residence in the tightly held Omnia. Occupying half of Level 5, this exceptional three-bedroom apartment offers 215sqm of beautifully appointed coastal living with uninterrupted panoramic views across the Pacific Ocean.

Expansive floor-to-ceiling glazing fills the home with natural light while perfectly framing the breathtaking ocean outlook. The spacious open-plan living and dining areas flow effortlessly onto a full-width beachfront balcony, creating the perfect setting to entertain or simply relax while taking in the ever-changing coastal scenery.

The gourmet kitchen is both elegant and functional, appointed with premium appliances, stone benchtops and an oversized island that forms the heart of the home.

Read the full description

The luxurious master suite features a beautifully appointed ensuite, while two additional bedrooms provide generous accommodation for family or guests. A stylish powder room, separate internal laundry with a drying balcony, two secure side-by-side car spaces and private storage complete this impressive residence.

Beyond your front door awaits one of the Gold Coast's most enviable beachside lifestyles. Enjoy direct access to the sand, for a run, morning swims and coastal walks, with Tallebudgera Creek, Burleigh Headland, vibrant cafés, renowned restaurants and boutique shopping all just moments away. Gold Coast Airport is also only a short drive away, making travel effortless.

Property Features

215sqm beachfront residence occupying half of Level 5

North-east aspect with uninterrupted ocean views

Boutique residential building of just 12 exclusive apartments

Floor-to-ceiling glazing throughout

Open-plan living flowing to a full-width beachfront balcony

Designer kitchen with premium appliances, stone benchtops and oversized island

Three generous bedrooms, including a luxurious master suite with ensuite

Guest powder room

Separate internal laundry with drying balcony

Two secure side-by-side car spaces plus private storage

Ducted air conditioning and ceiling fans

Keyless entry and pet-friendly building

Resident gym and resort-style swimming pool

Combining luxury, privacy and an unbeatable absolute beachfront position, this is a rare opportunity to secure an available residence within the exclusive Omnia development. Perfectly suited to downsizers, professionals or anyone seeking a premium lock-and-leave lifestyle without compromising on quality, space or location.

Contact Rob Tocco on 0477 755 596 for more information or to arrange a private viewing.

Advertising & Image Disclaimer:

While every effort has been made to ensure the information contained herein is true, accurate, and obtained from reliable sources, it is provided for general information purposes only. Realty Blue Pty Ltd, and its directors, officers, employees, agents, vendors, and related entities, disclaim all liability and responsibility, including for negligence, for any errors, omissions, misstatements, or inaccuracies that may occur. Prospective purchasers should make their own enquiries and satisfy themselves by inspection or otherwise as to the accuracy of all information contained herein.

Some images included in this marketing material may have been enhanced, edited, or modified using artificial intelligence (AI) technology for presentation purposes. Such images are intended to be illustrative only and may not precisely represent actual conditions, features, colours, dimensions, or appearances of the property.

Listing description written by Rob Tocco, Realty Blue Burleigh — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Gym
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Reverse Cycle Aircon
  • Study

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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.