Back 34 Palmerston Street
Off Market

34 Palmerston Street

Pimlico QLD 4812

4
2
2
161 m²
809 m²
House
Last sold for $810,000
Kya FaustKya Faust, last sold this property on 02 February 2026 after 11 days on market.

Overview

Dual Key Home In Sought After Pimlico

In the vibrant heart of Pimlico, a unique opportunity stands for families, multi-generational living or astute investors. This home, set on an expansive 809m2 block, offers a versatile layout that caters to a variety of lifestyles and needs. Offering two completely separate residences under one roof, this property eliminates the biggest investment headache: Body Corporate Fees. Whether you are an investor seeking a "set and forget" dual-income fortress, or a family needing a premium "Granny Flat" solution for aging parents, the quality and configuration here are unmatched. THE CONFIGURATION • RESIDENCE A (The family home): A 1940's Queenslander featuring two bedrooms, one bathroom and large 6 x 9 powered shed. Open-plan living featuring polished timber floors, casement windows and ornate details. • RESIDENCE B (The Self-Contained Unit): A split block completely private two bedroom, one bathroom residence. Tiled throughout for easy low maintenance living. THE FINANCIAL LOGIC • The "Mortgage Helper": Live in residence A and rent out the residence B. The rental income could pay a massive chunk of your mortgage interest. • Multi-Generational Solution: The perfect, high-quality solution for keeping young teenagers or elderly parents close and secure on ground level, while maintaining complete independence. • The Investor's Dream: Two rental checks from one freehold asset. NEED TO KNOWS Four bedrooms Two bathrooms Galley style kitchens Large deck to upper level Oversized rear undercover area with laundry space Open double carport with double gates for rear access 6 x 9 with powered shed with 32A single phase to rear or block 6.6KW solar system on a 5KW invertor Large 809m2 landscaped block Fully Fenced PROPOSED RENTAL INCOME: • Residence A & B Combined - $820.00 to $870.00 per week RATES: $2255.00 per half year THE LOCATION Located in the highly sought-after suburb of Pimlico, this property is just minutes away from shopping centres, schools, hospitals and other amenities. With easy access to major roads and highways, commuting to work or exploring the city has never been easier. Kya Faust 0432 486 900 Luke Need 0432 772 223

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
161 m² floor area
809 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Pimlico over the last 12 months, the estimated median property value of 34 Palmerston Street is $750k.

Median value
$750k
Estimated value range
$612k - $1.1m
Median days on market
27
Estimated value trend
34%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pimlico. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 34 Palmerston Street

2026
Sold
$810,000
02 Feb 2026 by Kya Faust, of Need Property
2016
Sold
$307,000
18 May 2016 by Jan Flynn

Happy sellers in Pimlico

95%
95% of sellers in Pimlico reported that their sale price either exceeded or met their price expectations.

Pimlico stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Pimlico over the last 12 months.

Local market activity for 4 bedroom houses in Pimlico

In the last 12 months, 13 four-bedroom houses similar to 34 Palmerston Street, have been sold.

This represents a 75% decrease in four-bedroom houses sales when compared to the previous 12 months.

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