278 Lennox Street, Maryborough QLD 4650

278 Lennox Street, Maryborough QLD 4650
6-bedroom Queenslander | 809sqm near Brolga | dual-living configured | in-ground pool and workshop The propertyโ€™s strongest buying case is its configuration as a genuinely multi-generational or income-producing house. Six bedrooms with multiple self-contained areas, a rumpus room, and separate workshop reduce the need for future subdivision or renovation to achieve dual occupancy. The 809sqm lot with no flood or bushfire overlays places it above comparable Maryborough listings, where such clear title risk profiles are less common. For a buyer seeking extended family accommodation or a rental income stream from day one, this house offers a rare turnkey position in a school catchment that supports consistent tenant demand. The main risk is that the propertyโ€™s value is tied to its ability to function as two dwellings rather than as a single premium home. If the self-contained areas are not separately metered or legally titled, future resale may narrow to buyers with the same dual-living intent rather than owner-occupiers seeking a conventional family house. The opportunity lies in formalising the dual occupancyโ€”either through council approval or minor upgradesโ€”to increase rental yield above the current $675 per week estimate. Hold this property as a long-term income or intergenerational house, and avoid overcapitalising on cosmetic upgrades that do not improve its core configuration edge.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Maryborough presents a compelling regional market, characterised by exceptionally strong capital growth and a robust seller’s environment. Demand is driven by its strategic transport links and infrastructure development, attracting buyers seeking value and lifestyle. The market demonstrates high velocity with properties transacting quickly, supported by rising rental returns that underpin solid investment yields. Future growth is anchored to continued infrastructure demand, though its reliance on a lower-income demographic suggests sensitivity to broader economic shifts.
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PropCred Estimated Value

Bedrooms

6

Bathroom

3

Parking

2

Land

809mยฒ

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