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QLD › Port Douglas › Davidson Street The Reef Club

U52, 62-64 Davidson Street The Reef Club, Port Douglas QLD 4877

For saleUnit

$245,000

For sale

Asking

1

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $245,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $245,000(Listing record · 16 Apr 2025)
  • CalculationAsk is 76% below the Port Douglas median recorded sale ($1,007,250, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Port Douglas's advertised median rent ($568/wk), implied gross yield would be 12.06% — 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

$245,000

Asking

No recorded sale for this property.

Port Douglas at a glance

4,033

People

$1,007,250

Median sale

$568/wk

Median rent

2.93%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Port Douglas report →

Vs Port Douglas

-75.7%

Median sale

Suburb $1,007,250

+9.13 pp

Gross yield

Suburb 2.93%

Suburb median $1,007,250 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$245,000
Stamp Duty (Queensland)
$7,000
Transfer/Registration Fee
$574
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
$256,274

$11,274 on top of the price (4.6% 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 Port Douglas's advertised median rent — not a rent for this listing.

Net yield
10.56%
Annual cashflow (pre-tax)
$13,121
Interest cover (DSCR)
2.03
Annual rent
$29,536
Operating expenses
$3,675
Loan amount
$196,000
Annual interest
$12,740
Gross yield
12.06%

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$245,000available16 Apr 2025

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 $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 12.1%. 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

Port Douglas in one glance

Port Douglas at a glance

4,033

People

$1,007,250

Median sale

$568/wk

Median rent

2.93%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Port Douglas report →

Keep researching

  • Why Port Douglas? Read the area thesis →
  • What else is on the market in Port Douglas →
  • Other records on Davidson Street The Reef Club →

Listing material

Listed by Raine & Horne Port Douglas Mossman

INSTANT INVESTMENT UNIT - Walking distance to beach

START EARNING income right away during our holiday let for the season! Currently managed by the onsite managers, they take care of everything ~ you don't have to do a thing! The Reef Club is very popular because of its location and facilities. So, if it's short term tenants or holiday makers, this unit is ideal to give your guests the relaxed tropical lifestyle Port Douglas is famous for.

This top floor fully furnished balcony unit effortlessly combines comfort and easy style, making it the perfect choice for first-time investors and owners wanting their own holiday unit in Port Douglas. The open layout flows seamlessly to the balcony, an ideal spot to unwind and soak in the coastal atmosphere. The kitchen is an ideal size and equipped with appliances and storage, turning meal prep into a pleasure. The good-sized bedroom features a built-in wardrobe and en suite bathroom creating a cozy haven at the end of the day.

Stay cool and comfortable year-round with air conditioning and ceiling fans enhancing air flow. Enjoy the convenience of on-site parking. On warm days, take a refreshing dip in the stunning inground pool or relaxing spa. Four Mile Beach access is in Sand Street, approx. 150m walking distance. The new Splash Pool is due to be opened soon is down near the Surf Club & Esplanade. Take a walk to the beach each morning or evening and travel the short distance to Macrossan Street along Port Douglas Road lined by the iconic Oil Palms, for all the restaurants, cafes, shopping and Sunday Markets. There is nothing like holidaying in a central location like the Reef Club, so convenient and easy.

Read the full description

* Rental income $550 per week for 3-month lease

* Holiday let is managed by the onsite manager

* Body Corporate Levies per year $14,221 (after discount)

* Council Rates per year $3600 approx.

* Council Water per year $750 approx.

Don't let this opportunity to own a piece of coastal charm in Port Douglas slip away. Contact Kate today to arrange a viewing and experience the views of this delightful unit for yourself!

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but give no warranty in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Kate Dillon, Raine & Horne Port Douglas Mossman — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1

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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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