67 George Street, Bundaberg South QLD 4670
67 George Street, Bundaberg South QLD 4670
1920s character | 762m² block | 4-bed layout | strong rental demand | older-stock condition risk
This property holds genuine appeal for buyers wanting an established house with period charm on a generous parcel. The 1920s construction signals solid bones and a streetscape presence that newer builds lack, while the 762m² block offers rare flexibility for outdoor living, shedding, or future extension. With four bedrooms, it suits families seeking space without leaving the inner suburb, and the fully fenced, secure layout adds practical comfort. The area’s consistent turnover and rising rental appetite make it equally attractive to owner-occupiers planning to stay long-term or investors chasing dependable yield. Its central position, near rail and parks, strengthens everyday convenience.
Value may hinge on how much updating the interior requires, given the era of construction. The single bathroom could limit appeal for some buyers, while the 110m² floorplan feels compact against the land size. Renovation potential exists, but costs should be weighed carefully. Market activity suggests steady demand, though price outcomes may vary with presentation and how well the original features have been maintained.
|| Comparable Sales: 37 George Street sold $240,000 in 2023; 61 George Street listed above $399,000 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, period character, renovation upside
Detailed Independent Property Report prepared by PropCred Analyst team for 67 George Street, Bundaberg South QLD 4670
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Bundaberg South (QLD 4670) is a regional centre attracting families, retirees, remote workers, investors and relocators from Brisbane seeking affordability and space. Market conditions are firm: median house price is $520,000 with annual growth of 12.43%, while units sit at $425,500, up 18.19%. Houses sell in a median 13 days on 77 annual sales, reflecting tight supply. Gross rental yields are 5.50% for houses and 5.31% for units, with weekly rents of $550 and $415 respectively. Demand is driven by 16% job growth in agriculture, health and industry, alongside infrastructure investment including the $21 million Port of Bundaberg expansion, the $600 million Paradise Dam rebuild and the $2 billion South Beach project at Elliott Heads. Key risks: sustained price appreciation and lower rates could push entry-level homes beyond $500,000, while limited new housing supply and flood management challenges heighten rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 37 George Street sold $240,000 in 2023; 61 George Street listed above $399,000 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, period character, renovation upside
Bedrooms
5
Bathroom
2
Parking
2
Land
1042m²
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