1/26 Kandoo Street, Pacific Paradise QLD 4564
1/26 Kandoo Street, Pacific Paradise QLD 4564
1/26 Kandoo Street, Pacific Paradise | 2-bed compact house | 546m² land | Flood overlay present | Low-maintenance entry point
This property is a compact single-level house on a 546m² block, which is a smaller configuration than most family homes in Pacific Paradise. That works in its favour for a specific buyer: someone wanting a low-maintenance foothold in a coastal-adjacent suburb without paying for extra bedrooms they don’t need. The land size is the real draw here—at 546m², it offers more outdoor space than typical unit or townhouse alternatives, and the fully fenced yard with a shed adds practical usability. Built in the early 1990s, it’s not new, but the recorded air conditioning, built-in robes, and outdoor entertainment area suggest it’s been maintained to a liveable standard. This suits first-home buyers, downsizers, or investors seeking a straightforward rental with decent land content.
The flood overlay on this property is the factor most likely to shape its value and buyer pool. It may limit some financing options or insurance affordability, which could narrow demand compared to similar homes without that constraint. The variance in recorded floor size—80m² versus 179m²—means you should physically verify the internal layout before forming a firm view. The rental estimates range widely, from roughly $390 to $695 per week, so actual rental return depends heavily on condition and presentation. If the interior is dated, a modest renovation could lift both rental appeal and resale value, given the suburb’s preference for move-in-ready homes.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/26 Kandoo Street, Pacific Paradise QLD 4564
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
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: 9 Kandoo Street sold $808,000 Apr 2024; 6 Kandoo Street sold $441,000 Jun 2018 | Property Price Band: $700K–$800K | Value Drivers: Land size, flood overlay, internal condition
Bedrooms
2
Bathroom
1
Parking
1
Land
94m²
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