56 Faust Street Proserpine QLD 4800

56 Faust Street Proserpine QLD 4800
Bedroom count ambiguity | 4-car park on 370sqm | No flood or bushfire overlays | Pool costs on high-set The discrepancy between a 3 or 4 bedroom configuration is the primary risk here. A buyer pays for certainty, and a downstairs room lacking legal bedroom status reduces resale pool and finance eligibility. The 35% site coverage is efficient, but the in-ground pool on a high-set house introduces ongoing structural and maintenance costs that do not transfer to rental yield. The absence of hazard overlays is an opportunity-insurance premiums stay low. This property is best held as a long-term family home with dual living potential, not a short-term flip. What is competitively rare is the 4-car parking on a 1,062sqm lot inside a school catchment, a combination difficult to find in Proserpine. The 370sqm floorplate with separate laundry downstairs suits a family or investor targeting tenants wanting space. This house serves a buyer who prioritises indoor-outdoor living over bedroom count and values a low-risk geographical position. To validate the bedroom configuration, request the floor plan and council approval for any downstairs living space before committing to auction or negotiation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Proserpine is positioned within the Whitsundays region, a coastal market facing a significant undersupply of housing. Demand is being driven by a competitive rental market, with investor interest supported by strong rental growth. Recent price trends show robust capital appreciation across both houses and units, reflecting a market stimulated by lower interest rates. Future growth is underpinned by the persistent supply shortage, with no new housing planned, though this same constraint presents a key risk to affordability and market access.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

4

Land

1062mΒ²

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