30 Peters Road Meringandan West QLD 4352

30 Peters Road Meringandan West QLD 4352
Recent build 2024 | 4001sqm acreage block | $750pw rental income | Investment-grade property This four-bedroom, two-bathroom house on a 4001 square metre block represents a modern acreage offering suited to families and investors seeking lifestyle space combined with immediate rental returns in a semi-rural setting. The property was constructed in 2024, meaning the structure and systems are new and carry no maintenance burden typical of older homes. Built at approximately 207 square metres across the block, the home achieves efficient use of space while leaving substantial land for secondary uses—a defining characteristic of properties in this category. The open-plan living design with master ensuite and covered alfresco area reflects contemporary family living preferences, particularly among buyers seeking functional acreage without excessive building footprint. Currently tenanted at 750 dollars per week until September 2026, the property demonstrates immediate income utility and investor appeal. The estimated value range between 750,000 and 1.04 million dollars suggests the property sits within a competitive acreage segment where both owner-occupiers and portfolio investors compete. Comparable recent sales in the immediate area, notably a four-bedroom property at 44 Peters Road sold for 760,000 dollars approximately one year ago, indicate stable pricing within the sub-million bracket for similar configurations. The Toowoomba council area designation and proximity to Meringandan State School and Highfields State Secondary College position the property within established infrastructure corridors. The absence of bushfire, flood, or heritage overlays reduces regulatory complexity and insurance considerations. The 4001 square metre holding provides meaningful land security and development optionality—space for secondary structures, rural amenity, or future subdivision potential—factors that typically underpin long-term appreciation in semi-rural Queensland markets. Properties with this land-to-building ratio tend to appeal across multiple buyer cohorts, from young families to retirees seeking space, which supports both rental demand and eventual resale liquidity.

Market Insight:

Demand in Meringandan West is being driven by Toowoomba?region infrastructure and jobs growth plus lifestyle buyers wanting larger blocks and commuter access to Wellcamp and city services. Buyers are attracted to acreage?style living, school options and clear capital?growth potential, while risks include rental volatility, affordability pressure and a large regional lot pipeline that could temper gains. Prices climbed strongly over the past year and, over the last six months (Sept 2025–Feb 2026), have seen modest further uplift on generally tight supply.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

4001m²

Built

Recent Assessments