1 Devine Street Harristown QLD 4350

1 Devine Street Harristown QLD 4350
4 bedroom house | 1,025 mยฒ block | Harristown, Toowoomba | low bushfire risk | multi-unit potential nearby This property offers a rare combination of generous land size and four-bedroom accommodation in a residential pocket of Harristown with no recorded bushfire risk, a factor that narrows the buyer pool and strengthens long-term holding appeal. The 1,025 mยฒ lot positions the house well for families seeking space, or for buyers who may later explore subdivision or dual-occupancy potential, given the presence of multi-unit properties on the same street. The estimated value range suggests room for negotiation, and the property suits a buyer focused on land content in a stable council area rather than immediate cosmetic perfection. The main risk is that the house itself may require updating, and the value range implies variability in condition or market sentiment. Buyers should budget for a building and pest inspection to clarify any structural or compliance issues. The opportunity lies in the land-to-price ratio, which is favourable compared to tighter blocks in Toowoombaโ€™s inner suburbs. FTTP or NBN connectivity, if present, adds a modest convenience but is not a primary driver. Hold this property for medium-term capital growth driven by land scarcity, or consider a staged renovation to lift rental yield before resale.

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

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Market Insight:

Harristown is a mature, high-growth suburb with a median house price near $690,000, driven by strong demand from established, higher-income households. Recent annual growth exceeds 22%, supported by very high sales volumes and houses selling in as few as 9 days, indicating a tight, active market. Future performance hinges on sustaining this momentum amid affordability constraints, with unit yields and growth showing greater volatility than the robust house segment.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1013mยฒ

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