15 Parsloe Street Telina QLD 4680
15 Parsloe Street Telina QLD 4680
6-bedroom dual living | pool in quiet cul-de-sac | 1,360sqm block | Gladstone council catchment
The propertyโs strongest buying case is its dual-living configuration on a large, level 1,360sqm block in a quiet cul-de-sac. This layout serves extended families or investors seeking two separate income streams from a single title, a rare configuration in Telina. The swimming pool and solar panels add lifestyle appeal and reduce ongoing costs, while the absence of bushfire, flood, or heritage overlays lowers due-diligence risk. The property suits buyers wanting immediate space and flexibility without subdivision complexity.
The primary risk is the elevated price point relative to the suburb median, given the propertyโs recent $925,000 sale in 2023 and current estimated value of $1.44mโa 56% increase in under two years. This suggests a premium for the dual-living setup and large block, but buyers should verify if that premium is supported by comparable sales. The rental estimate of $715 per week is modest for six bedrooms, implying the dual-living income may be underutilised or require capital to separate. The property should be held for medium-term capital growth, with an option to reconfigure or add a granny flat to lift rental yield.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Telinaโs demand is driven by its established, familyโfriendly streets, proximity to schools and shopping and steady employment from Gladstoneโs port and LNG industries, which attracts both ownerโoccupiers and yieldโfocused investors.
Key risks are exposure to resourceโsector cycles and the chance of local unit oversupply; opportunities sit in regional infrastructure and ongoing industrial activity โ prices have risen strongly over the past year and in the last six months have been broadly firm with tight listings supporting continued upward pressure.