38 Main Street, Proserpine, QLD 4800 | Property Value & History | OnTheHouse
 
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38 Main Street
Proserpine QLD 4800

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Property Details for 38 Main St, Proserpine

Building Type
Rural
Local Government
Whitsunday Regional
Lot/Plan
7/RP720627

Last Listing description (July 2023)

Excellent Commercial Opportunity First Time Offered for Sale (Net Return 8%)

Located in the main commercial hub of Proserpine, this solid investment opportunity is being offered for sale for the first time. Due to their age, the sellers have decided it's now time to finally divest from what has been an excellent investment over decades.

Apart from occupying a prime position at the busy end of Main Street, this commercial Shopping Arcade enjoys a very large carpark to the rear of the premise to ensure its valuable customers can easily visit the commercial tenancies.
Proserpine has a revitalized commercial precinct with new council offices & entertainment centre. Both are located a short stroll away.

Solid income of $132,000 gross return and net return of 8%
The Arcade offers Multiple tenancies (7 tenants) with established leases in place
Growing Region with 1.6% population growth (one of QLD's highest growth
areas)
Current Whitsunday Shire has a population of 37,000 expected to grow to
50,000 by 2036 according to Council data
More national companies and larger businesses relocating to the area or
expanding due to the region's growth

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Property History for 38 Main St, Proserpine, QLD 4800

A timeline of how this property has performed in the market
Last Sold
$1,150,000
22 May 2023
  • 22 May 2023
    Sold - Price Undisclosed
  • 22 Feb 2023
    Listed for Sale $1,295,000.00
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About Proserpine 4800

The size of Proserpine is approximately 23.4 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Proserpine in 2016 was 3562 people. By 2021 the population was 3614 showing a population growth of 1.5% in the area during that time. The predominant age group in Proserpine is 10-19 years. Households in Proserpine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Proserpine work in a trades occupation.In 2021, 61.20% of the homes in Proserpine were owner-occupied compared with 59.50% in 2016.

Proserpine has 1,926 properties. Over the last 5 years, Houses in Proserpine have seen a 97.34% increase in median value, while Units have seen a 110.34% increase. As at 28 February 2026:

  • The median value for Houses in Proserpine is $561,017 while the median value for Units is $452,915.
  • Houses have a median rent of $600 while Units have a median rent of $380.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Proserpine on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Proserpine.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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