32 Parkedge Avenue Richmond QLD 4740

Four-bed house on elevated 729sqm block | Asking $1.1m+ | Recently relisted after 2024 sale at $979k | Pool and solar systems This four-bedroom house on a 729-square-metre elevated block represents a family home positioned in the upper-middle segment of the Richmond market, appealing primarily to owner-occupiers seeking both land area and modern amenities. The property changed hands in August 2024 for $979,000 and has returned to market within seven months, now carrying an asking price of over $1.1 million. This represents a significant adjustment—roughly 12 percent higher—suggesting either enhanced presentation, market confidence in the locality, or a reset following the previous transaction. The valuation range provided by Domain ($1.15m to $1.53m mid-to-high estimate) indicates substantial variance in comparable assessment, which typically reflects either limited comparable sales data in this tier or inherent property-specific factors affecting value perception. Single-level design on an elevated block appeals to buyers conscious of maintenance and accessibility, while the 729-square-metre lot provides space for outdoor living without the burden of extensive acreage. The inclusion of in-ground pool infrastructure and a solar PV system suggests the vendor has invested in lifestyle features and utility efficiency, both factors that typically support stronger buyer interest in regional Queensland markets where climate and running costs influence decision-making. Richmond sits within the Mackay region, and properties in this bracket typically attract families relocating for work or lifestyle reasons rather than investors. The three-car parking and butler’s pantry indicate design assumptions favouring organised household management, which can signal either professional households or those with multiple vehicles—both demographics comfortable with the asking price point. Flood and bushfire overlays show no detected risk, which removes a significant valuation uncertainty that affects other parts of regional Queensland. The interval between the previous sale and current listing warrants consideration: properties relisted within months sometimes indicate unrealistic initial expectations, changing ownership circumstances, or strategic repositioning for a different buyer profile. This timeframe is neither unusual nor problematic, but it does suggest the property may have been assessed fresh rather than remaining continuously marketed.