11 Macaulay Drive, Booie QLD 4610
11 Macaulay Drive, Booie QLD 4610
4-bedroom house, 1.1-acre lot | Booie rural setting | 347mยฒ building | high-confidence rental yield
This property presents a rare configuration in a rural-residential setting: a substantial 347mยฒ building on a full acre with six parking spaces and no risk overlays. The 8% building coverage leaves significant land for future use, and the reverse-cycle air conditioning plus outdoor entertainment area make it immediately livable. It serves best a buyer seeking a large family home with space for vehicles, equipment, or potential subdivisionโwithout bushfire or flood constraints.
The primary risk is location: Booie is remote from major employment hubs, which limits buyer pool depth and resale velocity. The 2021 sale price is unknown, but the current estimate range of $880,000โ$1.02 million suggests the $950,000 list is near fair value. The $720 weekly rental estimate offers a gross yield of roughly 3.9%, acceptable for a rural holding. A buyer should negotiate hard, hold for land appreciation, and consider the lot’s subdivision potential under South Burnett’s residential zoning.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Booie is a tightly held rural locality with a mature demographic, characterised by low transaction volumes and larger acreage properties. Demand is driven by buyers seeking a lifestyle change, supported by strong recent price appreciation. This market exhibits high growth momentum but faces constraints from its limited supply and sensitivity to broader economic conditions, which could affect liquidity.