188-190 Doolong Road, Kawungan QLD 4655

188-190 Doolong Road, Kawungan QLD 4655
Large 3,642 m² block | 12-car capacity with 10 garage spaces | Pool, shed, solar, and water tank | Bushfire overlay present | Sits well above Kawungan’s typical housing stock. This property stands out for its sheer land size and parking flexibility, which is rare within a central Hervey Bay suburb. The combination of a four-bedroom home, in-ground pool, substantial shed, and solar infrastructure creates a semi-rural feel while staying close to schools and services. It best suits buyers needing room for vehicles, boats, or caravans, or those wanting a self-sufficient outdoor lifestyle without leaving town. The dual living areas and fully fenced yard add practical family appeal, while the 3,642 m² footprint offers genuine scope for future expansion or hobbies. The bushfire overlay may influence insurance costs and landscaping choices, so it is worth investigating before committing. The property’s age and construction quality are not confirmed, which could affect maintenance expectations and renovation budgets. Its large landholding and extensive improvements may also narrow the buyer pool, potentially impacting resale speed, though the central location and school catchment support steady interest from larger households.
Detailed Independent Property Report prepared  by PropCred Analyst team for 188-190 Doolong Road, Kawungan QLD 4655
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

Kawungan, in QLD 4655, is a mature owner-occupied suburb where detached houses and outright ownership dominate. Demand is driven by older couples, with 46% of residents over 55 and half of households childless couples, seeking stable residential settings. The house market is robust: median values range from $634,000 to $808,000, with annual growth between 8.6% and 13.7% depending on the source. Houses sell quickly, in 17 to 56 days, supported by 103 to 148 sales over the past year. Units show stronger momentum, with a median of $530,734 and 31.6% growth, though sales volumes are thin. Rents have risen 12.7% to $620–$680 weekly, lifting gross yields to 4.4–4.6%. Supply is tight at 40 listings last month, while affordability is a constraint given the wide price spread and recent rapid appreciation. Rate sensitivity remains an implied risk.
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PropCred Estimated Value

Comparable Sales: vacant land at $360,000 on 602 m²; limited house sales nearby | Property Price Band: $1.2M–$1.3M | Value Drivers: land area, parking/garage capacity, pool and shed condition

Bedrooms

4

Bathroom

2

Parking

12

Land

3642m²

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