47 Howard Street, Roma QLD 4455

Modern brick and tile | 768m² lot | Roma State College catchment | no overlay risk | established pocket This property occupies a rare position in Roma’s family market: a 233m² home on a full 768m² lot with no bushfire, flood, or heritage constraints. For a buyer seeking a low-risk hold in a regional growth corridor, the absence of overlays removes insurance and development friction that typically burdens similar stock. All four bedrooms fitted with built-ins and ceiling fans is not standard at this price point; it signals the vendor has addressed the basics that tenants and families prioritise. The house serves best a buyer who wants immediate occupancy with school catchment certainty and a land bank that could later support a granny flat or subdivision if zoning permits shift. The risk is pricing. The listing sits below both automated estimates, which suggests either a motivated vendor or a market that has not yet adjusted to recent comparable sales. A buyer should test whether the 2024 purchase price was higher than today’s ask , that delta reveals holding cost. The rental estimate of $555 per week implies a gross yield near 5%, which is acceptable for regional Queensland but not exceptional. The opportunity is in the land: 30% coverage leaves meaningful outdoor space, and the low-maintenance yard reduces holding costs. Hold this property for the school catchment and land leverage, not for immediate capital gain.