11 Kenneally Road, Mareeba QLD 4880
11 Kenneally Road, Mareeba QLD 4880
4.77 ha in town | 121 m² house | lifestyle land value | narrow buyer pool
This is a rare acreage holding within walking distance of Mareeba’s services, and the land size alone sets it apart from anything in the surrounding residential estates. The house is modest in scale, which means the value is carried almost entirely by the land and its potential for hobby farming, storage, or future subdivision if zoning permits. It suits a buyer who wants space and privacy without leaving town, and who sees the dwelling as a starting point rather than a finished home.
The gap between the house size and the land area may create a ceiling for conventional lenders and buyers who cannot justify the price per square metre of internal space. The absence of detail about water infrastructure, shedding, or fencing means a buyer should budget for improvements that could add tens of thousands to the total cost. Without confirmed zoning or development potential, the property’s value rests on what a motivated lifestyle buyer will pay for location and land mass, not on comparable sales.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Kenneally Road, Mareeba QLD 4880
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Mareeba is a regional hub with a mature demographic profile, where demand is driven by local downsizers and buyers seeking low-maintenance living. The market is characterised by strong price momentum and exceptionally tight supply, with properties transacting rapidly off-market. Future growth is underpinned by sustained regional demand, though this is constrained by a significant shortage of available listings, intensifying competition.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
4.77 ha
URL has been copied successfully!