1/58 Waverley Street, Bucasia QLD 4750

1/58 Waverley Street, Bucasia QLD 4750
Modern three-bedroom townhouse | Bucasia school catchment | no flood or fire overlay | dual living areas for families. This townhouse offers a rare combination of modern construction from 2011 and a fully fenced courtyard on a 159m² lot, which strengthens its appeal to families seeking the Bucasia State School zone. The two separate living areas and built-in robes make it more functional than competing units in the same price bracket, while the absence of bushfire or flood overlays removes a common buyer hesitation in the Mackay region. It suits both owner-occupiers wanting low-maintenance space and investors targeting the $570 per week rental range with high confidence. The main limitation is the single car space, which may deter two-vehicle households and narrow the buyer pool slightly. The estimated value of $530,000 sits below the asking range, meaning the buyer must negotiate firmly or accept a premium for the school catchment advantage. NBN Fibre to the Node and 4G coverage are adequate but not market-moving. Hold this property for steady rental yield and capital growth tied to school demand; do not overpay beyond the estimated value.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/58 Waverley Street, Bucasia QLD 4750
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk
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Market Insight

This suburb is positioned as an affordable coastal community within proximity to Mackay, attracting demand from a growing population seeking value. Recent price trends show strong capital appreciation for houses, supported by a fast-moving market with low days on market. Future growth is underpinned by its established affordability and regional infrastructure improvements, though its reliance on the broader Mackay economy presents a key sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

159m²

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