11 Grevillea Street, Forrest Beach QLD 4850
11 Grevillea Street, Forrest Beach QLD 4850
2 bedrooms, 1 bathroom, 2 car spaces, 715 m² land, 62 m² internal area, built 1960, single-level, solar power, bore water, massive shed, undercover patio, established gardens, space for boats and caravans.
This property is positioned as a compact, older house on a generous 715 m² block, which is its primary competitive strength. In a suburb where larger, more modern family homes dominate, this house offers a rare entry point for buyers who prioritise land and lifestyle over internal square footage. The bore water, solar power, and established gardens point to a property set up for low ongoing utility costs and self-sufficiency. The massive shed and dedicated space for boats and caravans make it particularly suited to buyers with recreational vehicles or those seeking a weekender with storage. It serves the budget-conscious buyer who values outdoor space, privacy, and a semi-rural feel within a beachside setting.
The 62 m² internal area is a material constraint that may limit appeal for families or those needing multiple living zones. The 1960 build year suggests original or dated finishes that might require updating, which a buyer should factor into their overall cost. The conflicting build year data (1960 versus 1980) could affect insurance or renovation planning, so verification is wise. The listed price of $530,000 sits in a context where larger neighbouring properties command higher values, but the small house size may cap its ceiling. A buyer should weigh the land value and lifestyle features against the cost of any necessary modernisation when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Grevillea Street, Forrest Beach QLD 4850
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Forrest Beach is a regional coastal suburb positioned as an affordable entry point, attracting value-seeking buyers and investors. Demand is driven by an established demographic of older, outright owners and supported by solid rental yields. Recent price trends show mixed signals with moderate sales activity, yet market conditions indicate a steady but constrained supply environment. Future growth hinges on its affordability appeal, though the market faces sensitivity to broader regional economic moderation and a limited new stock pipeline.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
75m²
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