6 Whitney Street, Andergrove QLD 4740

6 Whitney Street, Andergrove QLD 4740
Dual-income duplex | 673 m² block | Long-term tenants | Family-friendly Andergrove | Established suburban stock The dual-income structure is considered the strongest feature here, with two self-contained units on a 673 m² allotment. Long-term tenancies are already in place, providing immediate rental confidence and reducing re-leasing risk. The property is positioned in a family-friendly part of Andergrove, where established housing is dominant. An investor seeking steady cash flow is served best, rather than a buyer wanting a single residence. The neat presentation and practical floorplans are considered likely to appeal to a broad tenant base, and the configuration is regarded as uncommon in the immediate market. Value may be most affected by unit condition, layout, and tenancy terms. Any upgrade need might be expected to affect yield, while land size and no strata-style restrictions could add flexibility. Flood or bushfire risk might be checked in council documents. The price might be shaped by current rental returns compared with the asking level. >> Comparable Sales: 19 Whitney Street near $745,000; 6 Marlin Court sold in the $700,000s | Property Price Band: $700,000–$800,000 | Value Drivers: dual-income configuration, 673 m² land, tenanted condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 6 Whitney Street, Andergrove QLD 4740
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
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

Bedrooms

4

Bathroom

2

Parking

2

Land

673m²

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