1 Wright Street, Roma QLD 4455
1 Wright Street, Roma QLD 4455
Large block | 3-bed family layout | Shed with new roof | Quiet Roma pocket | Practical upgrades throughout
This is a solid, functional family house on a generous 1,004 m² allotment, positioned in a quiet residential pocket of Roma. The fully fenced backyard, double-bay carport, and large shed with roller-door access give it a practical edge that suits families needing space for vehicles, tools, or a workshop. The security screens and split-system cooling add everyday comfort, while the established character of the home suggests it has been maintained rather than renovated to a premium standard. It serves best as a dependable family home or a rental proposition, appealing to buyers who value land size and utility over cosmetic flair.
The property’s value may be influenced by its land-to-house ratio, which is generous for the area, and the condition of the shed, which has recent roofing work. The lack of premium finishes or a confirmed build year might temper expectations compared to fully renovated homes nearby. Buyers should weigh the benefit of the large block and storage infrastructure against potential costs for updating interiors or addressing age-related maintenance. The quiet location and family-oriented layout are likely to hold steady demand, but the price band will depend on how much weight is placed on functionality versus modern presentation.
|| Comparable Sales: 28 Duke Street (3-bed, 1,012 m², rented at $500–$550/week); 25 Conlan Street (4-bed, 1,007 m², tenancy at $460/week) | Property Price Band: $300,000–$400,000 | Value Drivers: Land size, shed condition, quiet location
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Wright Street, Roma QLD 4455
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Roma QLD 4455 sits as a regional centre with an active local agency network and a buyer profile split between owner-occupiers (half hold mortgages) and investors attracted by a 6.43% gross house yield. House prices have climbed 12.86% over the past year to a $395,000 median, with 225 sales in 12 months and a 32-day median listing time. Unit prices sit at $320,000 but turnover is thin, with fewer than five sales reported in some tallies. Future demand is supported by positive rental economics—$500 weekly house rent—and consistent sales activity. Key constraints include a shallow listing pool: just 13 properties for sale and 11 rentals last month, plus limited unit supply. That tightness could cap transaction volumes even if price growth persists.
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PropCred Estimated Value
Comparable Sales: 28 Duke Street (3-bed, 1,012 m², rented at $500–$550/week); 25 Conlan Street (4-bed, 1,007 m², tenancy at $460/week) | Property Price Band: $300,000–$400,000 | Value Drivers: Land size, shed condition, quiet location
Bedrooms
3
Bathroom
1
Parking
2
Land
1004m²
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