2/1 Kelman Street, Palmview QLD 4553

Townhouse in Palmview | 3-bedroom, 2-bathroom | 145m² lot | NBN FTTP and 5G | Good school catchment This property sits in a street where 75% of residents are owner-occupiers, which signals stable neighbourhood demand and limited rental churn. The 145m² lot is modest but the total building area around 220m² offers genuine livable space for a townhouse. The school catchment for Palmview State Primary and Secondary College is a practical advantage for family buyers. The configuration works best for first-home buyers or downsizers wanting a lock-and-leave option without sacrificing bedrooms. The main risk is the land size; townhouses on small lots appreciate slower than houses on separate titles. The rental estimate of $715 per week is reasonable but not exceptional for the area. No bushfire, flood, or heritage overlays reduce insurance and compliance costs. The property suits a buyer who prioritises location and school access over land banking. Hold for owner-occupation or medium-term rental; capital growth will follow the suburb rather than outperform it.