3 Mary StreetPalmwoods QLD 4555
Property Details for 3 Mary St, Palmwoods
3 Mary St, Palmwoods is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 637m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (May 2025)
Amber Werchon Property is delighted to present this charming 1960s worker's cottage, an ideal opportunity for astute investors looking to capitalize on a property brimming with potential.
Situated just behind the well-known Rick's Garage, this inviting 2-bedroom home sits on a 637m2 block zoned for medium density. The open-plan living area, polished timber floors, and bright, neutral dcor create a warm and welcoming environment.
The property is perfectly positioned in the vibrant railway town of Palmwoods, within easy walking distance to the local bus and train stations, a diverse selection of eateries and coffee shops, and essential community amenities like schools, day care centers, and public sporting facilities. With the town's thriving business scene and a new large-chain supermarket potentially on the horizon, there's a steady demand for rental properties in the area.
Preliminary planning inquiries suggest the potential to subdivide the block, with options for:
2.73 to 4.56 one-bedroom dwellings
1.91 to 3.19 two-bedroom dwellings
1.42 to 2.36 three+ bedroom dwellings
Or a combination of the above configurations (STCA)
What We Love:
Light-filled and airy cottage with polished timber floors
2 bedrooms that are huge
Air-conditioned master bedroom, with security screens and ceiling fans throughout
Rental income of $650 per week with the original home retained.
Walking distance to train and bus stops, with quick access to the highway
Close proximity to schools, day care centers, and community sports facilities
For more information on planning possibilities or to arrange an inspection (by appointment only, as the property is tenanted), please be in touch.
Quay Ring Realty Pty Ltd and Smart Asset Homes Pty Ltd working in conjunction with Amber Werchon.
Property History for 3 Mary St, Palmwoods, QLD 4555
- 07 Sep 2024Sold for $730,000
- 09 Aug 2024Listed for Sale $730,000
- 17 Sep 2019Listed for Rent - Price not available
Recent sales nearby
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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 3,056 properties. Over the last 5 years, Houses in Palmwoods have seen a 87.81% increase in median value, while Units have seen a 68.49% increase. As at 31 December 2025:
- The median value for Houses in Palmwoods is $1,172,096 while the median value for Units is $722,007.
- Houses have a median rent of $725 while Units have a median rent of $615.
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