6 Parraweena Court, Point Vernon QLD 4655

6 Parraweena Court, Point Vernon QLD 4655
Generous 800m² coastal block | Quiet cul-de-sac | Premium family home with pool | Potential overlay risks to verify The property is positioned as a rare offering in Point Vernon due to its 800m² block on a quiet cul-de-sac, paired with a 233m² home featuring four bedrooms, ducted air-conditioning, and a pool. This configuration serves families seeking coastal space without trade-offs in modern comfort. The pricing above suburb median reflects genuine scarcity, making it a competitive buy for those prioritising privacy and immediate lifestyle over entry-level cost. The primary risk involves planning overlays flagged for bushfire, flood, and heritage, which demands independent council checks before commitment-these could affect insurance or future use. Opportunities lie in the property’s scarcity within a desirable pocket, with a high owner-occupier ratio supporting stable demand; the overlay uncertainty may soften negotiation leverage, rewarding a buyer prepared for due diligence.
Detailed Independent Property Report prepared  by PropCred Analyst team for 6 Parraweena Court, Point Vernon QLD 4655
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk
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Market Insight

Point Vernon is a mature, established suburb characterised by high owner-occupancy and an older demographic, creating a stable, low-turnover market. Demand is driven by couples and outright owners seeking lifestyle properties, evidenced by exceptionally strong capital growth and rapid sales. The market is highly competitive for houses, with limited unit supply constraining diversification. Future growth is underpinned by sustained buyer competition, though affordability pressures and a reliance on the established housing segment present key constraints to broader market expansion.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

800m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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