Lot 2/7 Kensington Street

Off Market

Lot 2/7 Kensington Street

Palmwoods QLD 4555

1511 m²

Land

Last sold for $1,162,000

Chevonne Rees, last sold this property on 24 March 2026 after 55 days on market.

Overview

Rare 1,511sqm Reserve-Backed Land in Prime Palmwoods Cul-de-Sac

Set at the end of a peaceful cul-de-sac and backing directly onto a tranquil reserve, 7 Kensington Street presents an exceptionally rare opportunity to secure a generous 1,511sqm flat parcel of land within a fully established Palmwoods estate. With a wide, usable building envelope and a serene natural backdrop, this block offers the perfect foundation for a substantial family residence or a thoughtfully designed dual-occupancy build (subject to council approval). Fully titled and serviced with water, electricity and NBN, this is a true blank canvas where privacy, space and location combine effortlessly. Opportunities of this size and calibre in Palmwoods are increasingly scarce - particularly within an established neighbourhood where surrounding homes and infrastructure are already in place. Two of the four blocks will be approved for duplex builds on a first-come, first-served basis, subject to council approval - offering outstanding potential for investors and developers seeking quality land in a high-demand area.

Features

1511 m² lot size

Land

Estimated Value

Based on this property and similar land plots sold in Palmwoods over the last 12 months, the estimated median property value of Lot 2/7 Kensington Street is $803.23k.

Median value

$803.23k

Estimated value range

$575k - $1.16m

Median days on market

Estimated value trend

33%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Palmwoods. 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 Lot 2/7 Kensington Street

2026

Sold

$1,162,000

24 Mar 2026 by Chevonne Rees, of Ray White Palmwoods

Happy sellers in Palmwoods

89%

89% of sellers in Palmwoods reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 23 reviews in Palmwoods over the last 12 months.

Local market activity for land plots in Palmwoods

In the last 12 months, 12 land plots similar to Lot 2/7 Kensington Street, have been sold.

This represents a 116% decrease in land plots sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Palmwoods for a free market appraisal.

Leigh Martinuzzi

at Exp Australia QLD

4.9

(329 reviews)

Get a free market appraisal

Ann Ellison

at ZEB Realty

4.9

(229 reviews)

Get a free market appraisal

Nicola Concato

at Exp Australia QLD

4.8

(11 reviews)

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Chris Elliman

at RE/MAX Property Sales

(77 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Palmwoods

Leigh Martinuzzi

Leigh Martinuzzi is an award winning recommended agent for Palmwoods. They have 11 local sales and collected 10 local reviews across the last 12 months.