1 High Street Wyreema QLD 4352

1 High Street Wyreema QLD 4352
Wyreema State School catchment | 1012mΒ² land parcel | Recent sale within 12 months | Bed/bath count discrepancies in records The primary risk is the significant data inconsistency on core attributes, with bedrooms and bathrooms disputed across sources, indicating potential valuation volatility and complicating finance. The recent resale after less than a year suggests a motivated vendor, presenting a timing opportunity. This property suits a long-term hold for a buyer verifying the physical layout, leveraging the large block in a school catchment. Competitive strength lies in its direct proximity to the primary school and the substantial, flat land component rare at this price point. It serves a family seeking catchment security and space over premium finishes. The configuration, once confirmed, supports a buy-and-occupy strategy with future sub-division potential as the core value lever. Your next step is a measured due diligence process to reconcile the physical asset with the recorded data, defining the true equity position. * Recent comparable sale: This property itself sold for $480,000 in May 2024. This very recent transaction provides a concrete anchor point for the current vendor’s pricing strategy and market acceptance.

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

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Market Insight:

Wyreema is being driven by affordability and larger?lot family homes within easy commuting distance of Toowoomba, supported by local population growth and recent dwelling approvals. Buyers choose Wyreema for value, space and proximity to schools and planned regional infrastructure that will unlock more housing. Key risks are a small, thin market and reliance on Toowoomba jobs ; prices have been broadly rising over the past six months with low stock and mid?to?high?teens annual growth reported.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

1012mΒ²

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