1B Honeyeater Crescent Peregian Springs QLD 4573

Four-bedroom house | $1.2M+ asking | 400sqm block | Dual market positioning This four-bedroom house on a 400 square metre block appeals to families seeking established suburban living with proximity to primary and secondary education within walking distance. The property sits at a transitional point in its market cycle. Listed at offers over $1.2 million, the asking price sits above the property.com.au valuation range of $980,000 to $1.24 million, though Domain’s estimate of $1.48 million suggests valuation methodologies diverge considerably on this asset. The last recorded sale occurred in 2013, meaning the property has been held for over a decade through a period of significant coastal Queensland appreciation. The 227 square metre building footprint on the 400 square metre lot indicates efficient land use with approximately 57 percent building coverage, leaving reasonable space for outdoor living or future additions within current zoning constraints. Location within the Sunshine Coast council area places the property within established residential overlay, with documented bushfire and flood overlays indicating standard risk profiles for the region. Peregian Springs State School is 0.2 kilometres away and Coolum State High School sits 1.4 kilometres distant, positioning the property attractively for primary household motivations around education access. The presence of 5G coverage and identified utility infrastructure suggests the property sits within fully serviced suburban development rather than peripheral expansion areas. The rental income assessment of $810 to $895 per week indicates investor consideration, though the extended hold period and current asking strategy suggest the vendor is oriented toward owner-occupation or long-term capital positioning rather than yield-focused transaction. Properties held this long in appreciating coastal markets typically reflect owner satisfaction or strategic patience rather than distressed circumstances, which may inform negotiation dynamics. The dual valuation range reflects genuine assessment divergence in the current market rather than obvious undervaluation or overpricing, suggesting the property will appeal most to buyers with clear personal suitability rather than speculative positioning.