11 Legato Terrace, Palmview QLD 4553
11 Legato Terrace, Palmview QLD 4553
4/2/2 on 313m² | 222m² living | solar + FTTP | family/investor demand | compact block
A generous four-bedroom, two-bathroom layout is offered by this detached house, with a 222-square-metre floorplan that is unusually large for its 313-square-metre lot. This configuration suits families and investors targeting high-yield rental stock. Solar panels and FTTP connectivity are provided as practical advantages often missing from older estates. The property serves established school catchments, which supports steady family demand, and the master-planned character of Palmview prioritises low-maintenance living over big gardens. The four bedrooms, two living areas, and two car spaces make this a sensible pick for buyers wanting internal space rather than land.
Land-value upside might be limited by the small lot size, and 71% building coverage leaves minimal outdoor space, a possible deterrent for some families. Pricing is shown by a 2021 sale at $319,000 to have moved considerably, reflecting cost growth and estate maturity. The outcome might be determined more by finish quality than layout. Future value could also be shaped by presentation and the promised low-maintenance lifestyle.
>> Comparable Sales: 11 Legato Terrace sold 2021 for $319k; 62 Legato Terrace sold 2022 (price not reported) | Property Price Band: $1.0M–$1.1M | Value Drivers: large internal area, solar and FTTP, school catchment
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Legato Terrace, Palmview QLD 4553
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Palmview, on the Sunshine Coast, is a fast-growing family market: 82% of owners hold mortgages and households skew to couples with children. Houses sell in 22 days; median prices hover near $1 million with annual growth of 15–19%, reflecting strong competition. Rental demand supports investor interest: house rents rose 5.4% to $775 weekly, with gross yields near 4.3% for houses and units, though one estimate puts house yields at 3.3%, below the state average. Future supply is significant: planned expansion from 3,430 to 7,000 homes positions Palmview as a hub, with easy access to the Bruce Highway and Sunshine Motorway. Key constraints include affordability and an inactive unit market with minimal sales and flat values.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
313m²
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