22 White Street, Point Vernon QLD 4655

22 White Street, Point Vernon QLD 4655
3 bed, 1 bath, 562mยฒ lot | functional coastal layout | 1km to beach | low-maintenance block | immediate livability This property offers a rare combination of a functional, light-filled layout on a manageable 562mยฒ block within walking distance to the beach, making it competitively positioned for first-time buyers, downsizers, or investors seeking immediate livability with personalization potential. The fresh kitchen and open living area reduce immediate capital outlay, while the serene coastal neighborhood and proximity to parks and tracks strengthen its appeal as a low-maintenance coastal home. The primary risk is the current listing price sitting above the estimated value range, which could limit short-term capital growth and requires careful negotiation to avoid overpaying. The limited bathroom count and absence of floor area data may narrow appeal for families, but the property’s solid bones and location present an opportunity to add value through cosmetic upgrades. Hold this property as a steady coastal residence or rental, prioritizing location over quick appreciation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Point Vernon is a mature, established suburb characterised by high owner-occupancy and an older demographic, creating a stable, low-turnover market. Demand is driven by couples and outright owners seeking lifestyle properties, evidenced by exceptionally strong capital growth and rapid sales. The market is highly competitive for houses, with limited unit supply constraining diversification. Future growth is underpinned by sustained buyer competition, though affordability pressures and a reliance on the established housing segment present key constraints to broader market expansion.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

562mยฒ

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