4 Pacey Street, Parkhurst QLD 4702
4 Pacey Street, Parkhurst QLD 4702
3 bed | 1 bath | 629mยฒ land | solar installed | Parkhurst | strong growth corridor |
This house offers a rare combination of a 629mยฒ block with a 2001 build that feels modern, plus solar panels confirmed by satellite. The 39% building coverage leaves generous outdoor space, and the 5m roof height gives a sense of volume not typical in this price bracket. It serves buyers wanting a freestanding house with expansion potential or a solid family home in a catchment for Parkhurst State School and Glenmore High. The 120% price growth since 2020 signals strong local demand, and the median rental estimate of $610 per week supports investor interest.
The single bathroom is the main constraint for families or tenants expecting ensuite layouts, which may narrow the buyer pool slightly. No flood or bushfire overlays reduces insurance risk, and NBN FTTP plus 5G coverage are practical advantages. The solar installation adds energy efficiency but is not a premium driver. The property suits owner-occupiers who value land size and low risk over turnkey perfection, or investors seeking stable mid-range rental returns in a growth suburb.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4 Pacey Street, Parkhurst QLD 4702
Market Insight:
Parkhurst is a high-growth, family-dominated suburb with a young demographic and owner-occupier majority. Demand is driven by couples with children, supported by strong population growth and incomes well above the regional average. House prices surged 14-19% in the past year, with a median of $760k and rapid sales averaging just 9 days on market. Future growth is anchored by high owner-occupancy and demographic momentum, though the market is constrained by extremely low unit sales and rental supply, indicating limited diversity and potential rate sensitivity.