28 Perry Street Bundaberg North QLD 4670

28 Perry Street Bundaberg North QLD 4670
High-set Queenslander | 1107 mยฒ opposite river parkland | renovated character with modern finish | 3-bedroom family hold The propertyโ€™s primary advantage is its land-to-location ratio: a full 1107 mยฒ block directly across from river parkland in Bundaberg North is rare for a renovated character home. The high-set Queenslander form, combined with recent high-end renovations and a crisp presentation, means a buyer acquires a move-in-ready house that also holds significant land value for future subdivision or dual-occupancy potential. This suits owner-occupiers seeking lifestyle amenity and families who want a long-term hold with optional development upside. The 2โ€“3 car parking and manicured gardens further reduce immediate maintenance risk. The main risk is the undulating block, which may limit cost-effective subdivision without retaining walls or fill. The previous sale history shows a 9.1% discount, suggesting the market has not fully repriced the renovation premium. For a buyer, the opportunity lies in the land bank: hold the house for rental or family use, then redevelop when zoning permits higher density. NBN availability supports remote work, but is not a prime driver here. Use this property as a long-term land hold with immediate lifestyle return.

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

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Market Insight:

Bundaberg North is a tightly held regional market experiencing robust demand from remote workers, investors, and first-home buyers attracted by relative affordability and lifestyle. This diverse buyer pool is fuelling strong price appreciation and rapid sales in a supply-constrained environment with critically low vacancy. Future growth is supported by sustained investor interest in high yields and ongoing migration, though the primary constraint remains extremely limited inventory, which pressures affordability for entry-level purchasers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

3

Land

1107mยฒ

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