1 Mimosa Street, Parkinson QLD 4115

4 bedrooms | family suburb | 600sqm block | built 2006 | not on market This property presents a rare buying opportunity in a tightly held pocket of Parkinson. The four-bedroom layout on a 600sqm block from 2006 offers a modern floorplan that competes well against newer builds while avoiding the premium of brand-new construction. Its position on Mimosa Street places it within a quiet family corridor close to the Pacific Motorway and local parks, making it a strong candidate for owner-occupiers seeking space and convenience. The estimated value of $1.26 million reflects the suburb’s steady post-2017 growth but still sits below the median for comparable homes in neighbouring suburbs, giving a buyer room for future appreciation. The key risk is the property is not currently listed, meaning any purchase would require a direct approach to the owner and likely a premium to motivate a sale. The 2017 sale at $570,000 shows significant gains, but the current estimate range of $1.09 million to $1.37 million suggests some downside if market conditions cool. However, the lack of recent sales on Mimosa Street indicates low turnover, which can work in a buyer’s favour if they secure it off-market before competition emerges. The absence of rental history or ownership details means due diligence on tenancy and maintenance is essential.