58 Wackett Street, Pallarenda QLD 4810
58 Wackett Street, Pallarenda QLD 4810
3 bed 1 bath on 701sqm | coastal Pallarenda | dated but solid | modest family or investor appeal
This property sits comfortably within Pallarenda’s typical housing stock, offering a functional 3‑bedroom, 1‑bathroom layout on a 700–701 sqm block that is neither oversized nor cramped. Its strongest competitive edge is location—within walking distance of the beach and foreshore parks, yet still a short drive to Townsville CBD and major employment nodes. The single‑storey configuration and older build quality suggest it may best suit first‑home buyers seeking an affordable coastal entry point, investors targeting rental yield in a tight market, or empty‑nesters downsizing from larger homes. While the finishes are modest and the bathroom count may limit appeal for growing families, the property’s position in a quiet, low‑rise suburb with limited infill density gives it a stable, liveable character that holds value over time.
The main factors that may influence value include the dated internal condition and single‑bathroom layout, which could cap price growth compared to renovated or two‑bathroom neighbours. The low‑lying coastal setting might also attract scrutiny from lenders or insurers regarding flood or tidal exposure, though Pallarenda generally avoids major inundation. On the upside, the land size offers room for future extension or a pool, and the suburb’s consistent demand from owner‑occupiers and renters should support resale. Buyers should weigh the cost of any upgrades against the property’s current asking tier, as the house’s value is more land‑driven than structure‑driven.
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Wackett Street, Pallarenda QLD 4810
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Pallarenda’s demand is driven by its coastal lifestyle, limited stock and proximity to Townsville services, attracting owner‑occupiers and investors seeking holiday‑rental income and capital growth. Key risks are the suburb’s very small market (which can amplify volatility), exposure to tropical weather and limited resale stock; growth upside depends on Townsville’s broader employment and infrastructure lift. Over the past six months (Sept 2025–Feb 2026) prices have broadly firmed, with sellers generally achieving premiums compared with the prior year.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
701m²
URL has been copied successfully!