75 Glenlyon Drive Wulguru QLD 4811

75 Glenlyon Drive Wulguru QLD 4811
Built 1980 | 607mΒ² block | $680kΒ–$750k asking | Bushfire overlay detected This three-bedroom house on a 607-square-metre block suits owner-occupiers and investors seeking an established residential property with direct school access and a compact footprint. The property represents a mid-range offering in the Wulguru market, positioned at the lower end of local pricing for homes with this configuration. Built in 1980, it carries the practical advantages and constraints typical of properties from that eraΒ—solid construction but requiring assessment against modern amenity expectations. The 607-square-metre lot is modest by contemporary family standards yet offers sufficient space for the built form, which covers approximately 207 square metres across a single level with internal stairs. The bushfire overlay designation is a material consideration that will influence insurance positioning, lending assessment, and future buyer appeal, though the absence of flood overlay risk is a localised advantage. Recent valuation estimates place the property around $689,000, which aligns closely with the listed asking range of $680,000 to $750,000, suggesting realistic market pricing rather than speculative positioning. The property’s proximity to Wulguru State School and William Ross State High School provides tangible appeal for family buyers, while the detected solar panels and 5G mobile coverage indicate some modernisation. Rental income estimates at $610 per week point to a potential gross yield of approximately 4.6 per cent on valuation, which places the property in the middle-range investment category for regional Queensland markets. Long-term holding appeal depends substantially on broader Townsville property momentum and whether the bushfire designation becomes a depreciation factor relative to overlay-free comparables in the street.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Wulguru demand is being driven by TownsvilleΒ’s strong regional price growth, relative affordability versus capital cities and solid rental returns that attract both investors and owner?occupiers. Buyers value lower entry prices, proximity to jobs and amenities and faster sale times; risks include reliance on the regional economy and constrained supply, but prices have broadly trended up over the past six months.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

607mΒ²

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