Back Lot 5/6 Kensington Street
Off Market

Lot 5/6 Kensington Street

Palmwoods QLD 4555

999 m²
Land
Last sold for $830,000
Chevonne ReesChevonne Rees, last sold this property on 31 March 2026 after 62 days on market.

Overview

Generous 999sqm Reserve-Backed Block in Sought-After Palmwoods Cul-de-Sac

Perfectly positioned at the end of a quiet cul-de-sac with a reserve backdrop, 6 Kensington Street offers an impressive 999sqm flat parcel of land in a highly sought-after Palmwoods location. The generous size and level terrain provide exceptional scope for a large family home or potential duplex development (subject to council approval). With water, electricity and NBN already connected and the estate fully established, this block removes the uncertainty often associated with new land releases. A rare opportunity to secure space, privacy and flexibility in one of Palmwoods' most desirable residential pockets. 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

999 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 5/6 Kensington Street is $803.23k.

Median value
$803.23k
Estimated value range
$575k - $1.16m
Median days on market
63
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 5/6 Kensington Street

2026
Sold
$830,000
31 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 5/6 Kensington Street, have been sold.

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

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