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QLD › Cannonvale › Shute Harbour Rd

U89, 21 Shute Harbour Rd, Cannonvale QLD 4802

For saleUnit

$530,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $530,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $530,000(Listing record · 25 June 2026)
  • CalculationAsk is 41% below the Cannonvale median recorded sale ($892,000, n=46, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Cannonvale's advertised median rent ($684/wk), implied gross yield would be 6.71% — 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

$530,000

Asking

No recorded sale for this property.

Cannonvale at a glance

7,674

People

$892,000

Median sale

$684/wk

Median rent

3.99%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Cannonvale report →

Vs Cannonvale

-40.6%

Median sale

Suburb $892,000

+2.72 pp

Gross yield

Suburb 3.99%

Suburb median $892,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$530,000
Stamp Duty (Queensland)
$16,975
Transfer/Registration Fee
$1,878
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
$552,553

$22,553 on top of the price (4.3% 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 Cannonvale's advertised median rent — not a rent for this listing.

Net yield
5.21%
Annual cashflow (pre-tax)
$58
Interest cover (DSCR)
1.00
Annual rent
$35,568
Operating expenses
$7,950
Loan amount
$424,000
Annual interest
$27,560
Gross yield
6.71%

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$530,000available24 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 $684/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 6.7%. 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

Cannonvale in one glance

Cannonvale at a glance

7,674

People

$892,000

Median sale

$684/wk

Median rent

3.99%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Cannonvale report →

Keep researching

  • Why Cannonvale? Read the area thesis →
  • What else is on the market in Cannonvale →
  • Other records on Shute Harbour Rd →

Listing material

Listed by Ray White Whitsunday

Exceptional Whitsunday Investment in a Prime Cannonvale Location

Secure an outstanding investment: Apartment 89 in the Baybreeze Complex in the heart of the Whitsundays with this spacious two-bedroom 152 m² apartment, perfectly positioned within the highly sought-after Baybreeze Apartments in Cannonvale.

Already leased to excellent long-term tenants at $610 per week until 24 February 2027, this property offers immediate rental income and the security of an established tenancy, making it an ideal addition to any investment portfolio.

Property Features:

Read the full description

• Spacious 152 m² two-bedroom apartment

• Two generous bedrooms with built-in robes

• Two bathrooms, including an ensuite to the master bedroom

• Light-filled open-plan living and dining area

• Modern kitchen with granite benchtops

• Large private balcony with peaceful mountain views

• Split-system air conditioning and ceiling fans throughout

• Secure undercover parking

• Two resort-style swimming pools set amongst tropical gardens

Prime Location:

Everything you need is just a short stroll away, including:

Whitsunday Plaza Shopping Centre, Supermarkets, cafes, and speciality stores

Schools and childcare facilities, medical services and public transport, parks and walking paths

Only a short drive from Airlie Beach, the Port of Airlie Marina is the gateway to the world-renowned Whitsunday Islands and Great Barrier Reef, and this location continues to attract both long-term residents and investors.

Why You'll Love It

• Secure rental income from quality long-term tenants

• Strong investment in one of Queensland's most desirable coastal regions

• Spacious apartment with excellent owner-occupier appeal for the future

• Lifestyle location enjoying more than 270 sunny days each year

Whether you're looking to expand your investment portfolio or secure a property now to enjoy in the future, this exceptional apartment combines strong returns, an unbeatable location and the relaxed Whitsunday lifestyle in one outstanding package.

Please note this property has an auto-reply email set up. Please send an enquiry, and you will receive information on the body corporate, rates & financials within 10 minutes of submission. If you don't receive an auto-reply, please be sure to check your spam folder.

To arrange an inspection, please contact Andrea Clarke at 0418 796 323.

Listing description written by Andrea Clarke, Ray White Whitsunday — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • In-Ground Pool
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.