232 Panorama Drive, Rosemount QLD 4560
232 Panorama Drive, Rosemount QLD 4560
Detached house on 759m² | 3 bed, 1 bath, 2 car | 115m² floor area | Off market, last sold $590k May 2022 | Estimated now $1.049m
This property is competitively positioned as a low-maintenance detached house on a generous land parcel in a low-density pocket of Rosemount, offering a rare balance between manageable interior space and substantial outdoor room. The 759–760m² lot is notably larger than the house footprint, which appeals to buyers seeking space for gardens, sheds, or future extensions without the upkeep of a sprawling home. Its configuration—three bedrooms, one bathroom, and two parking spaces—suits downsizers, young families, or investors targeting long-term capital growth in a suburb where larger lots are becoming scarcer. The detached format and land size give it an edge over newer, tighter subdivisions, and the off-market status suggests a patient seller, not distressed urgency.
Several factors may materially influence the property’s value and should be weighed carefully. The single bathroom is a constraint for families or tenants, potentially limiting buyer pool or requiring renovation. The build age and finish quality are unconfirmed, so condition could range from sound to needing significant updating—a factor that might push the price below the estimated $1.049m if major works are needed. The lack of known improvements like solar, air conditioning, or a pool means the value rests heavily on land alone, and any deferred maintenance could erode that. Buyers should inspect thoroughly and factor in upgrade costs when forming a price view, as the land’s potential is clear but the house’s condition is not.
Detailed Independent Property Report prepared by PropCred Analyst team for 232 Panorama Drive, Rosemount QLD 4560
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Rosemount is a tightly held, high-amenity suburb characterised by its established, owner-occupier demographic and low transaction volumes. Demand is driven by affluent, mature professionals and childless couples seeking a settled lifestyle, which underpins a market with very low rental and sales supply. This dynamic has fuelled exceptionally strong recent capital growth. Future performance is supported by high owner-occupancy and demographic stability, but key constraints include significant affordability barriers and extreme illiquidity, with virtually no rental stock available.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
759m²
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