13 Palmerston Cres, Beerwah QLD 4519

Dual-key duplex in Beerwah | Suburb up 21.8% | 4.8% rental yield | No flood or bushfire risk This property’s dual-key configuration is its strongest competitive advantage, offering two separate income streams from a single 692m² block in a suburb that has seen 21.8% value growth over the past year. The main house, at 314m² with five bedrooms, suits a family or long-term tenant, while the secondary two-bedroom unit provides independent rental income with its own street address and parking. For a buyer seeking immediate cash flow with capital growth potential, this structure reduces vacancy risk and improves yield—estimated at 4.8% annually—above the suburb’s typical 3.3-3.9% range. The property sits in sought-after school catchments and avoids all flood, bushfire, and heritage overlays, which strengthens its appeal for both owner-occupiers and investors. The main risk is the high asking price relative to the 2015 last sale of $199,000, though the suburb’s 25.7% growth rate and median house price of $1,060,000 suggest recent appreciation is real. The secondary unit’s rental listing at $560 per week appears strong, but the main house’s estimated rent of $615 may be conservative given its size—this could be upside. The property’s 45% building coverage leaves some land for future use, though subdivision is unlikely given the duplex design. For a buyer comfortable with a higher entry point in a growth corridor, this dual-income setup offers rare diversification on one title.