2 Water Gum Street, Palmwoods, QLD 4555 | Property Value & History | OnTheHouse
OFF MARKET

2 Water Gum Street
Palmwoods QLD 4555

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 552m2
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Property Details for 2 Water Gum St, Palmwoods

2 Water Gum St, Palmwoods is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 552m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2021
Floor Size
147m2
Land Size
552m2
Local Government
Sunshine Coast Regional
Lot/Plan
10/SP325511

Last Listing description (August 2023)

Be the first to live in this brand new home in the boutique McKays Lane estate on the outskirts of the beautiful hinterland village of Palmwoods; perfectly positioned on a 552m2 corner block with gated side access; this is elegant, effortless living in a sought-after location.

Across a single level it comprises four bedrooms, two bathrooms, expansive open plan living, central kitchen with large walk-in pantry, east facing covered patio, and double lock up garage with laundry facilities; designed for family-friendly living for all ages and stages of life.

Still under warranty, this GW Homes residence built by one of Queensland?s longest running private builders (established 1966) ? you can be assured of quality craftsmanship throughout; features include split system air-conditioning x 2, ceiling fans, security screens, window blinds, stone benches, stainless steel appliances, brushed nickel fixtures and fittings, dual vanities in ensuite, and separate shower and bath in main bathroom.

The block is fully landscaped and has side and rear fencing with a great level yard for children and pets to play, and plenty of room to put in a pool, if desired; the back and side yard is north-east facing, allowing for comfortable alfresco entertaining all year around.

This would make a solid investment to any portfolio ? rent-ready in a desirable location with estimated returns of between $780-$820 per week, along with the tax depreciation benefits associated with new homes.

Surrounded by contemporary homes of similar vintage on large blocks in an enclave of only 32; this is a lovely residential community to anchor down, call home, and raise the family ? approximately 15-20 minute walk to town and rail or just a three-minute drive, you are tucked away from the hustle and bustle, yet still so close to the essentials!

Palmwoods is one of the most picturesque of the railway towns, famous for its historic pub, lush verdant farmland, and wonderful community spirit. There is a selection of popular dining options including Piggyback, The Shed, and Rick?s Diner, a primary school, community hall, bank, post office, supermarket, childcare, medical centre, veterinarian, pharmacy, and more - plus sporting fields and leisure facilities, and rail to Brisbane.

There?s never been a better time to make a new start, and what could be more exciting than a pristine new home ready and waiting for you to call your own! Contact Jamie to find out more.

Summary of Features:

- Brand new home in quality estate
- Level, easy-care 552m2 corner block
- Expansive open plan living/dining
- Quality kitchen, large walk-in pantry
- Split system A/C x 2, fans throughout
- Brushed nickel fixtures and fittings
- Child/pet-friendly yard, room for pool
- Gated side access to for boat/caravan
- Minutes to Palmwoods village & rail
- Never been lived in, still under warranty

Unfortunately in QLD, legislation doesn't permit realestate agents to give a price guide.

Property History for 2 Water Gum St, Palmwoods, QLD 4555

A timeline of how this property has performed in the market
Last Sold
$820,000
04 May 2023
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 04 May 2023
    Sold for $820,000
  • 19 Jan 2023
    Listed for Sale Auction
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About Palmwoods 4555

The size of Palmwoods is approximately 23.9 square kilometres. It has 24 parks covering nearly 4.7% of total area. The population of Palmwoods in 2016 was 5676 people. By 2021 the population was 6357 showing a population growth of 12.0% in the area during that time. The predominant age group in Palmwoods is 50-59 years. Households in Palmwoods are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmwoods work in a professional occupation.In 2021, 74.80% of the homes in Palmwoods were owner-occupied compared with 75.80% in 2016.

Palmwoods has 3,052 properties. Over the last 5 years, Houses in Palmwoods have seen a 86.03% increase in median value, while Units have seen a 93.70% increase. As at 30 November 2025:

  • The median value for Houses in Palmwoods is $1,141,540 while the median value for Units is $709,826.
  • Houses have a median rent of $720 while Units have a median rent of $615.
There are currently 29 properties listed for sale, and 1 property listed for rent in Palmwoods on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Palmwoods.

Suburb Insights for Palmwoods 4555

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.