53 Georgina Street Wulguru QLD 4811

Generous 1012m² lot in school catchment|Listed $499k vs $580k estimate|Last sold $215k in 2011|Renovation potential on 16% coverage. This three-bedroom house on a 1012sqm block suits first home buyers or couples eyeing renovation projects in an established residential pocket. The expansive land size stands out on its street, offering ample scope for extensions, a pool or extra garaging without encroaching on neighbours. At just 158m² of building footprint, it leaves room to modernise while retaining the original hardwood floors and open living hub that define its practical layout. Single car accommodation and a neat rear extension provide everyday functionality, appealing to downsizers or investors who value low-maintenance yards. Properties like this draw entry-level buyers from nearby rentals, drawn by the NBN connectivity and proximity to Wulguru State School just 1.4km away. In the local market, similar older homes on large lots have seen steady appreciation since 2011, with this one’s asking price aligning below estimates to attract quick offers amid rising demand. Its clear zoning and lack of overlays bolster holding value, as Townsville’s residential growth supports long-term land banking. Flood-free elevation at 16m adds quiet reassurance for risk-averse owners. Overall, the generous allotment underpins enduring appeal in a street of mid-century homes.