11/228 Mackenzie Street, Rangeville QLD 4350
11/228 Mackenzie Street, Rangeville QLD 4350
Prime location adjacency to parkland and schools | spacious three-bedroom strata unit | low-density 13-unit block | strong owner-occupier ratio
The property’s competitive edge lies in its rare combination of generous internal dimensions and a prime position beside parklands and schooling catchments, which directly appeals to families and downsizers seeking space without a house. The 60% owner-occupier ratio in the block signals stable building management and lower turnover risk, while the 131m² footprint with two bathrooms and separate laundry provides functional depth rarely found in units at this price tier. For a buyer prioritising lifestyle convenience and long-term liveability over speculative growth, this unit offers a clear positional advantage over newer, smaller apartments in the area.
The primary risk is the building’s age and the absence of disclosed strata levy history, which could introduce unexpected costs that erode the yield advantage of the lower purchase price relative to the $715,000 median. The 40% rental component in the block may also constrain capital growth compared to fully owner-occupied complexes. However, the recent single sale in the building provides a recent comparable, and the buyer can use the available strata report to verify sinking fund adequacy. This property suits an owner-occupier who values location over renovation potential , hold for at least five years to capture school-catchment appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/228 Mackenzie Street, Rangeville QLD 4350
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Rangeville is a high-performing, family-oriented suburb within Toowoomba’s robust regional centre. Demand is driven by professional households seeking quality education and lifestyle, underpinning strong capital growth. The market is characterised by rapid sales and solid rental demand, supported by broader regional affordability and migration trends. Future growth is tied to Toowoomba’s continued momentum, though past significant gains and broader affordability pressures present a moderating influence.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
131m²
URL has been copied successfully!