1/11 Telford Street, Proserpine QLD 4800

1/11 Telford Street, Proserpine QLD 4800
Central Proserpine | low-maintenance villa | strong rental appraisal | low body corporate | walking distance to Main Street This property presents a competitively strong proposition for a buyer seeking low-maintenance occupancy or a high-yield investment in a central location. Its three-bedroom, two-bathroom configuration with air conditioning and a single garage is operationally efficient, while the low annual body corporate fees directly preserve cash flow. The property is positioned to serve two distinct buyer profiles most effectively: the investor, attracted by the confident rental appraisal against a modest entry price, and the owner-occupier who values a lock-and-leave lifestyle within walking distance of Proserpine’s primary amenities. Its smaller land size compared to typical suburban houses is a trade-off that enables its central positioning and lower upkeep. The primary risk mechanism is the property’s exposure to a market dominated by standalone houses, which may constrain capital growth relative to larger land parcels, a cost reflected in its listed price below the suburb median. The commercial opportunity lies in securing a tenanted income stream immediately, with the flexible vacancy allowing for a seamless transition to owner-occupancy. Proceed with this purchase as a yield-focused holding or a permanent residence, but not as a primary vehicle for land-value appreciation. The recent sale of 52 Telford Street for $850,000 demonstrates clear buyer demand in the immediate locale, though that property’s larger scale limits direct comparison. This transaction does, however, anchor the higher end of values for the street and supports the pricing rationale for this more compact, income-oriented offering.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Proserpine is positioned within the Whitsundays region, a coastal market facing a significant undersupply of housing. Demand is being driven by a competitive rental market, with investor interest supported by strong rental growth. Recent price trends show robust capital appreciation across both houses and units, reflecting a market stimulated by lower interest rates. Future growth is underpinned by the persistent supply shortage, with no new housing planned, though this same constraint presents a key risk to affordability and market access.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

142mΒ²

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