11 Megan Place, Yeppoon QLD 4703

11 Megan Place, Yeppoon QLD 4703
Established veggie gardens | 941m² lot | 90% owner-occupied street | School catchment proximity This property offers a rare combination of a large 941m² lot and established veggie gardens, which are competitively strong for buyers seeking immediate lifestyle amenity and future subdivision potential. The 90% owner-occupied street signals low turnover and stable demand, reducing market noise for a buyer. With four bedrooms and two bathrooms, it serves families well, particularly those prioritizing Yeppoon State School catchment within 1 km. The median price of $845k in the area suggests the house is positioned above local averages, but the lot size and gardens provide a tangible edge over comparable houses. The primary risk is the estimated value of $837k against the offers-over-$899k threshold, meaning a buyer may pay a premium for the gardens and lot. This cost is offset by the 66% long-term resident rate on the street, which supports capital stability. The opportunity lies in leveraging the lot for future subdivision or holding for long-term appreciation in a tight market. Hold this property for its land value and garden amenity, not for immediate resale.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Megan Place, Yeppoon QLD 4703
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Yeppoon is a tightly held coastal market experiencing strong demand from interstate and intrastate migrants, including semi-retired downsizers and families seeking larger homes. This demand, coupled with critically low housing stock, is driving robust price growth across both houses and units. The market is highly competitive, with multiple offers common. Future growth is underpinned by sustained buyer interest and constrained supply, though this same supply shortage presents a key risk to market fluidity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

942m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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