12 Spann Street, Palmview QLD 4553
12 Spann Street, Palmview QLD 4553
A single-level three-bedroom, two-bathroom house on a 300-square-metre block with one car space. Built recently and sold in 2023, it features north-facing indoor and outdoor living areas and a private tropical garden. The property is positioned at the end of a quiet street, with a 16-hectare sports park a short stroll away, making it a compact, modern home in a growing Sunshine Coast suburb.
This property’s competitive strength lies in its north-facing orientation and private tropical garden, which are rare for a compact 300-square-metre block. The design maximises natural light and outdoor enjoyment, creating a feel of spaciousness not typical for this footprint. Its location at the end of a street adjacent to a large sports park adds a lifestyle advantage that appeals strongly to first-home buyers or small families seeking low-maintenance living with immediate access to open space. Within Palmview, this house represents a premium finish within the suburb’s newer, compact housing stock, offering a configuration edge over standard units or townhouses that may lack such aspect or garden features.
The property’s small block size and single parking space may limit its appeal to larger families or those requiring multiple vehicles, potentially narrowing the buyer pool. The north-facing orientation and garden, however, could support a price premium over similar compact homes in the area, as these features are valued for energy efficiency and aesthetic appeal. Proximity to the sports park may also positively influence demand, particularly for buyers prioritising recreation and community feel. When forming a view on price, a buyer should weigh these lifestyle benefits against the constraints of the block and parking, as the property’s value is likely driven more by its design and location than by land size alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Spann Street, Palmview QLD 4553
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Palmview is a fast-growing family suburb positioned to become its own hub, with plans to double its housing stock. Demand is driven by families, evidenced by quick 22-day sales and strong house price growth of 15-19% annually, pushing the median near $1 million. Future expansion and Sunshine Coast proximity support appeal, but risks include high price points and a stagnant unit market with minimal sales and flat values.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
300m²
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