440-442 Varley StreetYorkeys Knob QLD 4878
Property Details for 440-442 Varley St, Yorkeys Knob
440-442 Varley St, Yorkeys Knob is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1081m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Yorkeys Knob in the last 12 months.
Last Listing description (July 2026)
Opportunities like this are becoming increasingly rare.
Set on a substantial 1,081m² level double block in one of Cairns' most sought-after beachside suburbs, this deceased estate presents an outstanding opportunity for developers, investors, land bankers and buyers seeking space, flexibility and future upside.
With housing in short supply and demand continuing to outstrip supply, the potential here is significant. Whether you're looking to subdivide (STCA), construct additional dwellings, develop duplexes or simply secure a large parcel of land in a premium location, this is a property that deserves serious consideration.
The existing home is solid, well maintained and although requires some cosmetic updates is certainly liveable. A few basic updates and the home is rentable, providing valuable holding income while future plans are explored.
Add to this a substantial powered shed, dual access and room for every toy imaginable, and the possibilities become even more attractive.
Features include:
-Huge 1,081m² level double block
-NOT in a Flood Zone
-Outstanding development potential (STCA)
-Solid existing home with estimated rental return of $600 per week
-Massive 7m x 6m shed with three-phase power
-Dual driveway access with second gate to shed
-Plenty of room for boats, caravans, trucks and additional vehicles
-Fully fenced yard ideal for children and pets
-Established gardens with an abundance of fruit trees
-Opportunity to build an additional dwelling or redevelop the site (STCA)
-Rare landholding in a tightly held beachside location
-Low Density Residential Zoned
Positioned for convenience and lifestyle the walk score is fantastic with approximate distances:
-300m to local shopping precinct
-400m to Yorkeys Knob State School
-1200m to Yorkeys Knob Beach
-900m to Half Moon Bay Golf Course
-1600m to Yorkeys Knob Marina, Boat Club and boat ramp
-100m to Bus stop
Whether you're a developer looking for your next project, an investor seeking future growth, or a buyer wanting one of the largest residential blocks available in Yorkeys Knob, this is a genuine opportunity to secure a property with enormous potential.
Properties with development potential in locations like this rarely come to market. Act quickly.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 440-442 Varley St, Yorkeys Knob, QLD 4878
- 01 Jul 2026Sold for $730,000
- 24 Jun 2026Listed for Sale SOLD PRIOR TO AUCTION
- 18 Nov 2022Listed for Sale Offers Over $550,000
Recent sales nearby
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About Yorkeys Knob 4878
The size of Yorkeys Knob is approximately 11.3 square kilometres. There are 8 parks, covering nearly 3.5% of the total area. The population of Yorkeys Knob in 2016 was 2759 people. By 2021 the population was 2794 showing a population growth of 1.3% in the area during that time. The predominant age group in Yorkeys Knob is 60-69 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation.In 2021, 51.20% of the homes in Yorkeys Knob were owner-occupied compared with 41.80% in 2016.
Yorkeys Knob has 1,885 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 65.91% increase in median value, while Units have seen a 121.23% increase. As at 31 July 2026:
- The median value for Houses in Yorkeys Knob is $737,188 while the median value for Units is $520,372.
- Houses have a median rent of $645 while Units have a median rent of $550.
Suburb Insights for Yorkeys Knob 4878
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