36 Shellcot Street, Toogoom QLD 4655

4 bed, 2 bath, 3 car | 708m² in Toogoom | direct beach access nearby | zone residential, no overlays This property offers a rare combination of generous land, multiple car spaces, and direct coastal access in a predominantly owner-occupied suburb, which underpins stable demand. The absence of bushfire, flood, or heritage overlays reduces due diligence complexity and insurance cost risk, a material advantage in a coastal market. With catchment for Yarrilee State School and Hervey Bay State High School, it suits a family buyer seeking a low-risk, long-term hold in a tight supply area. The strong appreciation trajectory since 2014 signals that this location has absorbed price growth without overheating, making it a defensible entry point. The primary risk is the current listing price, which sits above the median estimate range and may reflect vendor optimism rather than market evidence. Buyers should treat the $1,395,000 ask as a ceiling, not a floor, and negotiate toward the $1.2–$1.3 million band where recent valuations cluster. Rental potential of $770 per week offers a modest 3% gross yield at that lower end, which is acceptable for a house on this land size but not a yield play. The lack of recent rental listings means tenant demand is untested; a pre-purchase rental appraisal from a local agent is advised. Hold for capital growth over seven to ten years, or occupy to capture the lifestyle premium directly.