38 Shoreham Street, Pialba QLD 4655
38 Shoreham Street, Pialba QLD 4655
4 bed character | 607mยฒ block | 4 car spaces | prime coastal pocket | renovation upside
This property offers a rare configuration in a tightly held coastal pocket: four bedrooms on a generous 607mยฒ block with side access and a double bay shed, providing exceptional versatility for tradies, boat owners, or families needing storage. The 242mยฒ building footprint with 40% coverage leaves meaningful outdoor space, while the absence of flood, bushfire, or heritage overlays reduces due diligence risk. The location within walking distance to the esplanade and within catchment for Pialba State School and Hervey Bay State High School strengthens its appeal to families seeking a character home with renovation potential in a convenient setting.
The single bathroom is the primary constraint for a four-bedroom house, potentially limiting appeal to some family buyers and justifying the value gap to comparable properties. However, the ample land and side access create clear opportunity for a bathroom addition or reconfiguration, and the existing double shed and open car spaces already address a key buyer requirement that many nearby properties lack. The property’s positioning near the lower end of the estimated value range, combined with its recent auction campaign indicating motivated selling, suggests a buyer may secure a discount relative to the street’s established sales history, with the renovation upside providing a clear pathway to equity growth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 38 Shoreham Street, Pialba QLD 4655
Market Insight:
Pialba presents as a mature coastal suburb with a stable, established demographic, driving consistent demand. The market is characterised by strong recent price growth, particularly for units, and a tight rental environment with low vacancy. Demand is anchored by local professionals and service workers, supported by solid sales volumes. Future growth is underpinned by its coastal positioning, though limited stock availability presents a key supply constraint.