93 Glenbar Road, The Palms QLD 4570
93 Glenbar Road, The Palms QLD 4570
2ha lifestyle block | direct park boundary | renovated 3-bed block home | multiple sheds & workshop | car-dependent rural setting
The property is positioned on two hectares of selectively cleared bushland, backing directly onto King Conservation Park. A renovated three-bedroom block home is offered with durable, low-maintenance finishes, including fresh paint, vinyl flooring, and fully screened living areas. Multiple sheds, a powered seven-by-nine-metre workshop, and a long carport are included, along with solar hot water and two 5,000-litre rainwater tanks. This configuration is rare in The Palms, where acreage lifestyle properties dominate but few combine park adjacency with this level of improvement. The house is best suited to buyers seeking privacy, storage capacity, and a nature-immersed rural setting.
Value may be shaped by the quality of renovations, which appear complete and move-in ready, though no build year is confirmed. The absence of a formal aspect could limit appeal for some buyers, but the verandahs are described as capturing morning sun or shade. Water systems may add perceived value for self-sufficient living, while the car-dependent location and partial fencing might narrow demand. The conservation park boundary likely offsets these constraints.
Detailed Independent Property Report prepared by PropCred Analyst team for 93 Glenbar Road, The Palms QLD 4570
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
The Palms is a compact, established suburb with a population of 1,004, up 16.1% from 2011. Demand is driven primarily by middle-aged households, with the dominant cohorts aged 40–59, locally born, and employed in trades; the household income profile is moderate. The house market is strong: median price is $839,000, with annual growth of 13.38% and a median selling time of 39 days, though one source puts it at 64 days. Vacancy is currently zero and annual sales volume is just 28 houses, indicating tight supply but limited depth. Future growth is supported by the market’s recent momentum and negligible vacancy, while the main constraint is the very thin sales base, which amplifies price sensitivity and limits comparability.
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PropCred Estimated Value
Comparable Sales: 18 Glenbar Road, The Palms (4-bed, 2ha) – $395,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: renovated condition, 2ha park-boundary land, extensive shed infrastructure
Bedrooms
3
Bathroom
1
Parking
3
Land
2 ha
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