17 Chataway Street, Murgon QLD 4605

Large 1013m² block | 1930s character home | Off-market opportunity | Murgon residential core This property presents a rare configuration: a four-bedroom home on a full quarter-acre block in a town where such land is increasingly subdivided. The 1930s build offers solid bones and period character, but the primary advantage for a buyer is the land-to-building ratio. At 1013m² with no detected flood or bushfire overlay, the site provides expansion or redevelopment optionality that newer homes on smaller lots cannot match. The off-market status means less competition, and the estimated value range suggests room to negotiate below the previous $550,000 asking price. This property suits a buyer seeking a family home with future land value growth, or an investor targeting a rental yield around 5.4% in a stable regional market. The key risk is the single bathroom, which limits appeal to families and may require renovation to maximise resale or rental returns. The 1930s construction also demands careful building inspection for wiring, plumbing, and termite history. However, the absence of heritage overlay and the residential zoning mean any upgrades or extensions face fewer council constraints. The school catchment adds steady demand from local families, while the NBN connection supports remote work feasibility. For a buyer willing to invest in modest updates, this property offers a strong entry point into a market where land of this size is becoming scarce.