58 Zelma Street, Grasstree Beach QLD 4740
58 Zelma Street, Grasstree Beach QLD 4740
3 bed | 1 bath | large 959sqm block | coastal Grasstree Beach | inconsistent parking count
A three-bedroom house on a 959-square-metre block is competitively strong in this coastal suburb, where most residential lots are smaller. The generous land area provides rare space for outdoor living, gardening, or future additions, making this property particularly suited to families seeking a detached home with room to grow, or lifestyle buyers wanting a weekender with yard space. The beachside setting adds appeal for those prioritising a relaxed coastal environment over urban convenience.
The inconsistent parking count may influence buyer perception, as one space is modest for a house on such a large block. The property’s price should be weighed against the lack of confirmed finishes, building age, and orientation, which could affect both livability and renovation costs. Buyers should verify structural condition and any coastal exposure risks, as these factors may materially affect long-term value and insurance costs in this setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Zelma Street, Grasstree Beach QLD 4740
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Grasstree Beach is drawing buyers for its relaxed coastal lifestyle, relative affordability versus larger Queensland coastal markets and persistently tight local stock, attracting retirees, lifestyle buyers and some investors. Median house prices have lifted strongly over the past 6–12 months to roughly $680–$685k with significant annual gains while recent quarterly growth has been more modest, reflecting a small, fast-moving market. Main risks are low liquidity, a small population base and exposure to regional economic swings; growth opportunities come from constrained supply, lifestyle tourism demand and upside if borrowing conditions improve.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
959m²
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