27 Kowonga Street, Pacific Paradise QLD 4564
27 Kowonga Street, Pacific Paradise QLD 4564
Larger 749m² parcel | residential land | Pacific Paradise State School catchment | vacant build-to-suit | Sunshine Coast LGA
This parcel offers a genuine size advantage in a suburb where standard residential blocks are often smaller. At 749m², it provides enough room for a substantial single-level family house with a usable backyard, or a more compact plan with generous outdoor space. The land sits within the Pacific Paradise State School catchment and has easy access to the motorway, airport, and local retail, making it practical for families who value short commutes and established infrastructure. It is best suited to a buyer planning to build a new dwelling from scratch, rather than someone wanting a move-in-ready house. The residential zoning under the Sunshine Coast LGA allows standard suburban housing, and the configuration gives more design freedom than many sites in the area.
The value of this property may be shaped by site preparation and service connection costs, as the record indicates no detected connection. A buyer might need to budget for water, sewer, and power connections, which could add materially to the total project cost. Because the parcel is vacant, the purchase price reflects land alone, and the eventual property value will depend heavily on the quality of the new build. Orientation and access should be checked on site, as an awkward frontage or slope might moderate the final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Kowonga Street, Pacific Paradise QLD 4564
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Pacific Paradise, a mature, family-oriented Sunshine Coast pocket, sees demand led by owner-occupier households. Sales volumes are low at 30–37 houses annually, and vacancy is tight at 0.46%. Median house prices vary by source: PropertyValue puts the median at $935,000 (up 4.9% annually), Real Estate Investar at $884,000 (up 12.97%), while Property.com.au shows $1,000,000 (11.5% compound growth). Days on market range from 14 to 75, suggesting a two-speed market. House rents sit between $650 and $765 weekly, with gross yields around 4.6% for houses and 5.1% for units. Low supply and near-full occupancy underpin price resilience; high mortgage reliance among owners is a sensitivity risk to rate changes.
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PropCred Estimated Value
Comparable Sales: Unit 1/6 Kowonga St sold $1,020,000; 6 Kandoo St sold $441,000 (2018) | Property Price Band: $0.9M–$1.0M | Value Drivers: land size, school catchment, residential zoning
Bedrooms
4
Bathroom
2
Parking
1
Land
546m²
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