48 Parnki Parade, Palm Beach QLD 4221

836m² parcel | 5-bed 3-bath | 4-car parking | premium Palm Beach street | tightly held pocket This house combines a rare 836m² land holding with a practical five-bedroom, three-bathroom arrangement and four parking spaces. That land area is markedly above the typical block size in the immediate area, creating genuine scope for a future extension, new garden room, or improved outdoor entertaining zone. The street presents as a tightly held, premium residential pocket, and the dominant owner-occupier profile cushions resale demand. It serves best an established family or an upgrader looking for a long-term coastal base with enough space to avoid a further move in the short term. The balance of size, land, and location gives it an edge over more conventional family offerings in the suburb. The land’s true upside will turn on planning limits and any flood overlay that may attach to the site. Finish quality and construction age also matter, as a well-presented interior could lift the sale price materially, whereas dated condition might narrow the buyer pool. The wider market’s appetite for premium coastal stock may hold firm, but timing and presentation will shape how that demand translates into price. >> Comparable Sales: 69 Parnki Parade sold $2.845M (Sep 2024); 98 Parnki Parade sold $3.77M (Feb 2026) | Property Price Band: $4.2M–$4.3M | Value Drivers: land size, five-bed configuration, presentation quality