9 Kean Street, Andergrove QLD 4740
9 Kean Street, Andergrove QLD 4740
Upgraded family house | large shed-based 4th room | side access for caravan or boat | strong rental appeal | functional suburban layout
This house offers a genuinely uncommon combination for Andergrove: a three-bedroom main residence with a separate, air-conditioned fourth room within a substantial 9×7 metre shed, effectively creating flexible space for a teenager, home office, or light trade use. The property has been modernised with new concrete stumps, upgraded electricals, a pest barrier, and a 6.6kW solar system, so the structural and running-cost basics are already addressed. The 9×7 shed with mezzanine storage, custom shelving, and side access for a caravan or trailer is a standout for buyers needing serious storage or workshop capacity, while the outdoor hot/cold shower and fish cleaning station add practical appeal for coastal lifestyles. This house suits a family wanting room to grow, a home-based worker, or an investor chasing the tight rental market, given the listed rent expectation aligns with suburb norms.
The value here may be shaped by how buyers weigh the shed conversion against a traditional fourth bedroom—some will see it as a bonus, others as a compromise. The property’s specialised improvements, like the leadlight study nook and stainless appliances, could appeal strongly to owner-occupiers but might not translate to a premium for every buyer. The secure backyard and side access are practical strengths, yet the lack of stated land size or aspect means the lot’s true potential remains unclear, which may influence how confidently buyers compare it to other upgraded houses in the area.
|| Comparable Sales: 87–93 Andergrove Road, 3-bed, 1-bath, 6-car on 2693m², listed Offers Over $799,000 | Property Price Band: $700,000–$800,000 | Value Drivers: shed size and condition, flexible fourth room, modernised core systems
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Kean Street, Andergrove QLD 4740
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Andergrove, in the Mackay region, is a family-dominated suburb attracting lifestyle buyers and investors from Brisbane, Sydney and Melbourne, plus local first-home buyers. The median house price is $643,000 after annual growth of about 21%, with houses selling in a median 11 days across 208 sales in the past year. Weekly rents average $680, but house yields near 3.3% sit below the Queensland average of 4%. Mining, resources, agriculture and state infrastructure spending underpin the economy, and the 2032 Brisbane Olympics is expected to add activity. Tight supply and interstate migration support demand; low inventory intensifies competition, and growth is forecast to moderate to 3-5% for houses and 2-4% for units.
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PropCred Estimated Value
Comparable Sales: 87–93 Andergrove Road, 3-bed, 1-bath, 6-car on 2693m², listed Offers Over $799,000 | Property Price Band: $700,000–$800,000 | Value Drivers: shed size and condition, flexible fourth room, modernised core systems
Bedrooms
3
Bathroom
2
Parking
6
Land
698m²
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