21 Parakeet Cres, Peregian Beach QLD 4573

Single-storey lowset | 634sqm near national park | 4-bed, 3-bath | 75% owner-occupied street | 15% annual price growth This property occupies a rare position: a lowset four-bedroom house on a generous 634sqm block within walking distance of Noosa National Park, on a street where three-quarters of neighbours are owners. That ownership profile signals stability and typically supports stronger resale conditions. The 15% annual price growth in Peregian Beach’s four-bedroom segment reflects sustained demand, and the property’s current estimated value sits below the suburb median, offering a potential entry point below the market’s top tier. For a buyer seeking a well-configured family home in a tightly held coastal pocket, this property’s combination of land size, floor area, and street character is competitively scarce. The primary risk is the 2017 purchase price of $680,000,a 176% gain to today’s estimate,meaning the seller holds significant equity and may not be under pressure to negotiate. The rental yield of 4.17% is modest for the area, and the 20% auction clearance rate suggests a softer market for premium listings. However, the 74-day average days on market indicates that well-priced properties still transact. The opportunity lies in a patient negotiation: if the property lingers, a buyer can secure it below the upper valuation range. Hold for medium-term capital growth driven by coastal scarcity and owner-occupier demand, not for short-term rental income.