25 Grimwood Street, Bargara QLD 4670
25 Grimwood Street, Bargara QLD 4670
Established 3-bed coastal house | 704m² block with 205m² footprint | single bathroom is the constraint | solid family rental demand
The property is positioned as an established family house within Bargara’s residential coastal market. Its 704m² land size is considered generous for a detached home of this scale, with future extension or outdoor living space being allowed. The single bathroom is acknowledged as a typical constraint for the era, but the house is viewed as competitive for buyers seeking a practical, low-maintenance residence. A comfortable internal footprint of 205m² is offered across three bedrooms, and confirmed residential zoning is combined with a stable long-term use. The property is best suited to a young family or a buy-and-hold investor, with solid rental demand being indicated by the estimated weekly rent of $635 in a neighbourhood defined by established housing.
The property’s value may be influenced by the condition of its original finishes, with a renovated interior being expected to command a premium. Buyer interest might be limited by dated presentation, and the single bathroom may be treated as a negotiation point. The usable 704m² block might be valued for its extension potential, while final pricing could be affected by broader coastal market movements.
>> Comparable Sales: 3 Grimwood Street (5/2/2, 1,014m²) sold at $879,000 | Property Price Band: $800K–$900K | Value Drivers: land size, single bathroom, presentation condition
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Grimwood Street, Bargara QLD 4670
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Bargara, a coastal suburb near Bundaberg in the 4670 postcode, sits within the Bundaberg Greater Region, drawing over 171,000 monthly buyer searches. Demand is led by professional households with above-average incomes, supported by a tight market: houses average 23 days on market, with 193 sales over the past year. The median house price reached $870,000, up 8.01% annually, while units recorded $620,000, a 4.2% rise. Rental yields sit near 4.2% for both, supported by 51,000+ monthly rental searches. Future growth hinges on sustained professional demand and regional connectivity, yet constraints loom: a significant supply pipeline and affordability pressure against the regional $700,000 median. Rate sensitivity is evident across varying growth estimates.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
704m²
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