15 Faye Avenue, Scarness QLD 4655
15 Faye Avenue, Scarness QLD 4655
Detached house | ~640m² | 3–4 bed, 2 bath | Family-oriented street | Mid-1990s build | Strong rental demand
This property sits in a well-established residential pocket where detached houses on consistent mid-sized lots dominate. The configuration—three to four bedrooms, two bathrooms, and parking for one to two cars—suits families and downsizers seeking single-level living without strata constraints. The street shows a stable owner-occupier character, with repeat sales and rentals indicating a genuine housing enclave rather than high-density churn. Built-in robes, an ensuite, a fenced yard, and outdoor entertaining are typical here, making the house immediately liveable for a family buyer. With reliable infrastructure and a quiet, uniform streetscape, this property serves buyers prioritising space, practicality, and a straightforward suburban lifestyle over flashy features.
Value may be influenced by the condition of the 1995 build, particularly the kitchen, bathrooms, and roofing, as modernisation levels vary across similar houses in the area. The absence of flood or bushfire overlays on comparable properties supports a clean risk profile, which should reassure cautious buyers. Orientation and street position could affect natural light and privacy, and while the lot is standard for the street, any additional improvements like solar panels or a shed add practical appeal. Rental potential appears solid, with demand from families and investors, though market turnover is moderate, so pricing should reflect realistic buyer expectations rather than urgency.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Faye Avenue, Scarness QLD 4655
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Scarness, in Hervey Bay, is a tightly held market with houses at $695,000 after 19.8% annual growth and units at $574,500 after 10.5% growth, per Property.com.au. Older buyers, reflected in the dominant 60–69 age cohort, underpin demand, while investors target gross yields near 4.5% and a 1.01% vacancy rate. The 88 house sales over the past year and median 27 days on market show active turnover. Future drivers include existing transport and real estate networks, but constraints are clear: affordability strains against modest household incomes, supply has contracted 3.85% year-on-year, and rate sensitivity is exposed by yields ranging 3.63–4.5% amid rapid price gains.
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PropCred Estimated Value
Comparable Sales: 7 Faye Avenue sold at $790,000; 12 Faye Avenue sold at $835,000 | Property Price Band: $790,000–$840,000 | Value Drivers: land size, build condition, layout suitability for families
Bedrooms
3
Bathroom
2
Parking
1
Land
620m²
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