64 Faust Street, Proserpine QLD 4800
64 Faust Street, Proserpine QLD 4800
4-bed detached house | central stable street | long-holding owners | investor-yield appeal | older fabric with scope
A four-bedroom detached house is positioned on a settled central street where turnover has historically been low. That stability is a genuine advantage, because it tends to keep neighbourhood character consistent and reduce the risk of abrupt change. The property is best suited to a buyer who wants one house that can serve as a solid family home and also work as a rental if circumstances shift. A four-bedroom configuration is less common on this street than three-bedroom stock, giving it a competitive edge for families. The older fabric is typical of the area, but the block appears large enough to allow renovation or a future extension, which broadens the property’s appeal.
The final value may be influenced by how the internal condition presents, particularly the kitchen, bathroom, and flooring. An older property of this kind might require a practical maintenance budget, and that allowance should be made before a price view is formed. The four-bedroom count supports stronger demand, but the functionality of car accommodation and bathrooms should be assessed during inspection. Land size is likely to be the main value driver, along with how usable the yard and shed spaces are. Recent street sales should be used as a reference, but the physical layout should be relied on over general suburb trends.
>> Comparable Sales: 27 Faust Street sold $496k; 55 Faust Street sold $390k | Property Price Band: $600K to $700K | Value Drivers: land size, four-bed layout, condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 64 Faust Street, Proserpine QLD 4800
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Proserpine QLD 4800, in the Whitsundays region, is a mainland gateway to the Coral Sea and Great Barrier Reef’s 74 islands. Demand is driven by an undersupplied rental market, lifestyle access, and lower 2025 interest rates. The regional median house price reached $900,000 in Q4 2025, up 14.8% annually; units rose 22.3% to $560,000. House rents average $850 weekly after 9.7% annual growth, with a 4.9% gross yield. However, the number of houses rented fell 17.6% to 56, reinforcing supply constraints. With no new ready-to-sell houses planned in 2026, future growth rests on sustained undersupply; key risks are affordability pressures and rate sensitivity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
1012m²
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