47 Gannet Street Kewarra Beach QLD 4879

47 Gannet Street Kewarra Beach QLD 4879
Large 1063mΒ² block |4 bed family house |Est. $1.02m value |Sold $785k in 2023 | This four-bedroom house on a 1063sqm block suits established families prioritising space for living and vehicles in a coastal setting. The generous land size sets it apart on its street, where smaller lots predominate, enabling flexible use like the in-ground pool and expansive parking for up to eight cars. At 450mΒ² of building coverage, it leaves substantial yard space for gardens or future extensions, appealing to buyers who value privacy without urban density. Families with school-age children gravitate to such properties, given the proximity to Trinity Beach State School and Smithfield High within the catchment. Similar large-block homes in the area have seen steady appreciation, with this one’s value lifting over 30% since its 2023 sale amid tightening supply of family-sized lots. The absence of flood or bushfire overlays adds to its low-risk profile, supporting reliable holding value over time. Ample garaging and NBN connectivity position it well for remote workers or multi-car households, a niche but growing buyer segment locally. Long-term, the residential zoning and elevated site enhance resilience to coastal changes, making it a pragmatic choice for decade-plus ownership. Market data suggests these spacious houses hold premiums in resales, outperforming tighter lots by 15-20% in recent cycles.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Strong coastal lifestyle appeal, tight rental vacancy and steady population growth from interstate buyers are keeping demand for Kewarra Beach houses firm while stock on market sits below 1.5 months. Buyers are drawn by lifestyle proximity to Cairns, solid rental yields and an established market where values have nudged higher over the past six months as supply stays constrained. Watch for the sizeable approvals pipeline and broader interest-rate sensitivity as the key risks, yet the suburbΒ’s supply-constrained profile and improving infrastructure keep growth prospects intact.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

8

Land

1063mΒ²

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