11 Power Street, Harristown QLD 4350
11 Power Street, Harristown QLD 4350
Mid-century house | compact land | functional 3-bed layout | strong rental demand | tight local market
A well-established detached house is presented in this location, with its construction era suggesting a practical and durable build. The three-bedroom configuration is expected to offer a straightforward layout that suits first-home buyers or those seeking a low-maintenance entry into the suburb. Its position within Harristown places the property in a setting where detached housing is consistently valued, and the modest land size keeps upkeep manageable while still providing outdoor space. This house is best served to buyers who prioritise rental return or an affordable foothold in a stable market, particularly given the area’s reputation for reliable tenant activity. The character of the neighbourhood remains that of older suburban stock, where solid construction and proximity to local schools are considered strong advantages.
The property’s value might be influenced by its original condition and the extent of any modernisation already completed. Updates to the kitchen or bathroom may be expected to add appeal, while a need for structural work could be seen as a deterrent. The compact land size might be perceived as limiting expansion opportunities, yet it also reduces ongoing maintenance demands. Market activity may be affected by seasonal buyer flow and broader lending conditions, so the level of presentation is likely to play a significant role in final pricing. These factors should be weighed when forming a view on what this house is worth.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Power Street, Harristown QLD 4350
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Harristown, in Toowoomba, is a mature suburb with established infrastructure. Demand is driven by older households (32% over 55), childless couples (41%) and a 39% rental cohort, with incomes mostly in the $78k–$130k band. House prices have surged 22.8% annually to a median near $687,500, while units grew 21.8% to $475,000, though one source reports a -6.4% unit decline. Houses sell in nine days on average, reflecting tight conditions, with gross yields of 4.3% for houses and 5.5% for units. Future growth is supported by strong sales volumes (164 houses) and buyer demand. Risks include a wide price range ($620k–$702.5k) and active supply of 113–164 sales, which may temper escalation.
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PropCred Estimated Value
Comparable Sales: 12 Power Street sold for $265k five years ago | Property Price Band: $500K–$600K | Value Drivers: condition, land size, layout
Bedrooms
3
Bathroom
1
Parking
-
Land
759m²
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