Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
$799,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$799,000
Asking
No recorded sale for this property.
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Vs Cleveland
-37.1%
Median sale
Suburb $1,270,000
+1.64 pp
Gross yield
Suburb 2.77%
Suburb median $1,270,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$35,815 on top of the price (4.5% extra)
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.
Pre-filled with Cleveland's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $677/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 4.4%. 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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Bay IslandsWelcome to Apartment 15 in the well-positioned Waters Edge complex, where modern comfort meets an unbeatable Cleveland lifestyle. Whether you're a first home buyer, downsizer, investor or a small family looking for low-maintenance living, this beautifully presented apartment offers everything you need.
Step inside and discover a light-filled open plan design that instantly feels like home. The spacious living and dining area flows effortlessly onto a private balcony, creating the perfect space to enjoy your morning coffee, entertain family and friends, or simply unwind at the end of the day.
The stylish kitchen is designed for everyday living, complete with stone benchtops, quality appliances, ample storage and an electric cooktop, making meal preparation both practical and enjoyable.
Offering two generous bedrooms, the master suite features a spacious ensuite and a double-sided built-in robe, while the second bedroom also includes a built-in robe and is ideal for children, guests or a home office. The main bathroom includes a combined bath and shower, providing added convenience for young families or those who simply enjoy a relaxing soak.
Comfort is taken care of all year round with split system air conditioning installed throughout the apartment, including both bedrooms and the main living area.
Life at Waters Edge is about more than just the apartment. Residents enjoy access to excellent on-site amenities including a sparkling swimming pool, relaxing sauna, a welcoming reception area and the security of two allocated car spaces.
Perfectly positioned, you'll love being able to leave the car at home. Stroll to Cleveland's cafe's, restaurants, shopping precinct, public transport and the Bay Island ferry terminal, while Raby Bay Harbour, Cleveland Point and quality local schools are all just minutes away.
Property Features:
- Located within the well-positioned Waters Edge complex
- Two generous bedrooms with built-in robes
- Two modern bathrooms including an ensuite to the master
- Open plan living and dining flowing onto a spacious balcony
- Contemporary kitchen with stone benchtops and electric cooktop
- Split system air conditioning throughout
- Two secure car spaces
- Exclusive resident facilities including a swimming pool and sauna
- Walking distance to Cleveland CBD, cafe's, restaurants and Bay Island ferries
- Close to Raby Bay Harbour, Cleveland Point and quality local schools
If you've been searching for a lifestyle that combines convenience, comfort and a touch of luxury, this is an opportunity not to be missed.
Disclaimer - All information detailed herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries, inspection, and due diligence with appropriate authorities.
Listing description written by Jessica Wills, LJ Hooker Bay Islands — reproduced as published, not verified by Districts.