Back 11 Banksia Pl
Off Market

11 Banksia Pl

Kawana QLD 4701

3
2
3
738 m²
House
Last sold for $690,000
Chris RyanChris Ryan, last sold this property on 28 April 2026 after 60 days on market.

Overview

Investor Alert: $540/wk Leased Until Jan 2027

Investor Opportunity: Kawana Solid Brick Home with Immediate Cashflow This solid brick 3-bedroom, 2-bathroom residence sits on a generous 738sqm block in a quiet cul-de-sac and is currently leased at $540 per week until January 2027, providing immediate rental income and stability, with an approximate 4.3% gross yield at the asking price. The home offers a practical floorplan featuring three well-sized bedrooms, master with ensuite, open-plan living, and a functional kitchen designed for low-maintenance living. Outside, the fully fenced yard provides space and privacy while remaining easy to maintain. Conveniently located close to schools, local shops, and Rockhampton amenities, the property continues to appeal to tenants and investors alike. With a secure lease already in place, this presents a straightforward addition to any portfolio, with future flexibility available upon lease expiry. Offered at $650,000. For further information or to arrange an inspection, contact Chris Ryan at Gracemere Property Solutions.

Features

3 bedrooms
2 bathrooms
3 carspaces
738 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kawana over the last 12 months, the estimated median property value of 11 Banksia Pl is $615k.

Median value
$615k
Estimated value range
$451k - $780k
Median days on market
29
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kawana. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Banksia Pl

2026
Sold
$690,000
Private Sale/Treaty on 28 Apr 2026 by Chris Ryan, of Gracemere Property Solutions Pty Ltd
2026
Sold
$690,000
Private Sale/Treaty on 27 Apr 2026 by Chris Ryan, of Gracemere Property Solutions Pty Ltd
2025
Rented
Undisclosed
Leased on 02 Feb 2025 by Gracemere Property Solutions Pty Ltd

Happy sellers in Kawana

98%
98% of sellers in Kawana reported that their sale price either exceeded or met their price expectations.

Kawana stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Kawana over the last 12 months.

Local market activity for 3 bedroom houses in Kawana

In the last 12 months, 39 three-bedroom houses similar to 11 Banksia Pl, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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