31 Helsham Street, Point Vernon QLD 4655
31 Helsham Street, Point Vernon QLD 4655
4-bed coastal house | 680 m² | single bathroom | established street near esplanade | family reno potential
The land and layout are the core strengths here. A 680 m² block is offered in an established residential pocket close to the Point Vernon waterfront, where detached houses on comparable lots are increasingly sought after. Four bedrooms are provided, which gives families the flexibility they need, and three-car parking is included as a practical bonus. The single bathroom is the obvious limitation, but that also makes the property more accessible for buyers willing to renovate or extend. For a family wanting a coastal base with room to grow, or an investor looking for a property with clear value-add potential, this house is positioned well. The street is settled and residential, and the wider area is supported by active demand from owner-occupiers.
The eventual sale price may be influenced by condition and presentation, which are not visible in the listing data. The dated bathroom might be seen by some buyers as a drawback, while others may view it as an opportunity to create equity. Orientation and street frontage could affect how the outdoor space is experienced, and the market’s current pace suggests well-priced properties are sold steadily. Renovation costs should be weighed against comparable sales when a clear price view is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Helsham Street, Point Vernon QLD 4655
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Point Vernon is a house-dominated market where demand is driven by older couples and outright owners. House prices have risen 15-18.5% annually to a median of $710,000-$796,500, with homes selling in a median 21 days. Units remain a thin market, but the median unit price jumped 31% to $638,975, reflecting spillover demand from buyers priced out of houses. Rental yields for houses sit around 4%, with median weekly rents of $620-$650. Growth is supported by quick turnover and rising interest in more affordable units. Key risks include affordability constraints relative to local incomes, rate sensitivity among an older cohort, and minimal unit diversity, leaving the suburb heavily exposed to house-market conditions.
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PropCred Estimated Value
Comparable Sales: 43 Helsham Street sold for $1,500,000, 54 Helsham Street sold for $1,050,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, condition, layout
Bedrooms
4
Bathroom
1
Parking
4
Land
680m²
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