28 Banksia Park Drive, Scarness QLD 4655
28 Banksia Park Drive, Scarness QLD 4655
3-bed low-set family layout | 607 m² usable block | side-access and shed potential | beachside Scarness demand | single-bathroom constraint
This property offers a solid, low-set family layout on a usable 607 square metre block, with the kind of side access that adds real utility for caravans, trailers or a trade setup. It sits comfortably in Scarness as a practical, beachside suburban house, not a prestige showpiece but far more substance than a unit or townhouse. The single-level design, three bedrooms and two-car garage make it a straightforward fit for first-home buyers entering the market, investors wanting reliable rental demand, or downsizers after easy-care coastal living. Its modest finish level also means there is genuine potential to improve presentation and value without overcapitalising.
The single bathroom may be the main functional constraint, potentially limiting appeal for growing families. The older construction might require early attention to roofing, insulation or electricals, so a building inspection is essential. Presentation will heavily influence perceived value; a fresh, neutral interior could widen buyer interest, while dated finishes may narrow the pool to renovators and bargain-seekers. The side access and land size are likely to hold value well, but only if the yard is seen as private and usable. Buyers should weigh the reality of a practical rather than polished house and decide how much improvement they are prepared to plan for.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Banksia Park Drive, Scarness QLD 4655
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Scarness, in Hervey Bay, is a tightly held market with houses at $695,000 after 19.8% annual growth and units at $574,500 after 10.5% growth, per Property.com.au. Older buyers, reflected in the dominant 60–69 age cohort, underpin demand, while investors target gross yields near 4.5% and a 1.01% vacancy rate. The 88 house sales over the past year and median 27 days on market show active turnover. Future drivers include existing transport and real estate networks, but constraints are clear: affordability strains against modest household incomes, supply has contracted 3.85% year-on-year, and rate sensitivity is exposed by yields ranging 3.63–4.5% amid rapid price gains.
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PropCred Estimated Value
Comparable Sales: 5 Junjaree Street (3/1/2, 607 m²) around $760,000; 28 Tingira Terrace (3/1/2, 607 m²) around $790,000 | Property Price Band: $700,000-$800,000 | Value Drivers: side access, land size, single-level layout
Bedrooms
3
Bathroom
2
Parking
2
Land
940m²
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