11 Tellin Street Shoal Point QLD 4750
11 Tellin Street Shoal Point QLD 4750
3 beds | pool | 761mยฒ | Shoal Point | $649k+ | owner-occupied street | bushfire overlay
This property offers a rare combination of a low entry price in a high owner-occupier street, with a pool and solar panels that reduce ongoing costs for a buyer. The 761mยฒ lot is a standard size for the area, but the in-ground pool and fully fenced yard are strong differentiators for a family or downsizer seeking a turnkey coastal home. The split system air conditioning and garage add practical comfort and security, while the reliable NBN and 4G coverage support remote work. This house best suits a buyer who wants immediate livability in a quiet, established suburb without paying a premium for renovation or land banking.
The bushfire overlay is the primary risk, as it may increase insurance costs and limit some future extensions. The lotโs elevation at 11m and roof height of 6m reduce flood risk, but a buyer should verify the specific bushfire management requirements with Mackay Regional Council. The nearby sale at 5 Tellin Street for $850,000 in September 2025 shows strong demand on this street, but this propertyโs lower price point reflects its smaller land and no recent renovation. For a buyer, the opportunity is to hold for steady capital growth in a 79% owner-occupied suburb, or use as a rental yielding an estimated $640โ$710 per week. The strategy is to buy at the current asking range, confirm bushfire compliance, and hold for five years or more.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Shoal Point is a tightly held, family-oriented coastal suburb with a mature demographic profile. Demand is driven by owner-occupiers, particularly established families and lifestyle seekers, capitalising on the broader regional growth and lifestyle appeal. The market demonstrates strong momentum with houses transacting relatively quickly, supported by very low vacancy rates and high owner-occupancy, which constricts rental supply. Future growth is underpinned by sustained demand in a low-inventory environment, though the market’s sensitivity to interest rates presents a notable constraint on affordability and price stability.