89 Ivy Street, Kingaroy QLD 4610
89 Ivy Street, Kingaroy QLD 4610
Single-level brick on ~800m² | Walkable to CBD and schools | Settled family pocket | Strong rental demand | Older 1980s-90s build
The property is positioned as a practical single-level house on a mid-sized block, consistent with the established family character of its street. A brick exterior, iron roof, shed, water tank, and fully fenced yard are commonly expected to add everyday usability. Walkability to the CBD, schools, parks, and sporting fields is viewed as a meaningful advantage, and solid rental demand is seen as supporting investor interest. The house is best suited to families seeking a secure, convenient home, downsizers wanting single-level living, or buyers who value low-maintenance living with yard space and storage.
Value may be influenced by the condition of the original brickwork, roof, internal fitout, and any recent kitchen or bathroom updates. Competition might also be driven by the shed and outdoor area, especially for buyers wanting storage. Given the conservative finish profile, price is likely shaped by land size and street appeal, not architectural distinction.
>> Comparable Sales: 71 Ivy Street sold for $660,000; 78 Ivy Street sold for $555,000 | Property Price Band: $550K to $650K | Value Drivers: condition, land size, shedding and parking
Detailed Independent Property Report prepared by PropCred Analyst team for 89 Ivy Street, Kingaroy QLD 4610
Checks found:
Value Risk
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1
Liquidity Risk
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1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
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1
Market Insight
Kingaroy, a regional Queensland hub, is attracting owner-occupiers and investors seeking affordable entry and strong rental returns. House prices have surged 19.6% annually to a $550,000 median, while units rose 11.9% to $330,000. Houses now sell in 22 days on average, reflecting tight inventory; stock on market is just 2.9% of houses, well below the state’s 5%. Gross yields are robust at 5.45% for houses and 6.13% for units. The main constraint is affordability, with household incomes below the regional average, capping borrowing capacity. Demand is underpinned by a large labourer workforce and a childless-couple demographic, with a high renter share. Limited supply supports price momentum, but income levels will cap future growth without broader economic diversification.