11 Miner Lane, Andergrove QLD 4740

11 Miner Lane, Andergrove QLD 4740
2-bed/1-bath/1-car house | dual street access | freshly painted and built-ins | courtyard and single garage | compact low-maintenance footprint A compact two-bedroom house is presented in fresh, move-in-ready condition, with built-in robes, air conditioning to the main bedroom and living area, and ceiling fans throughout. The dual street access is a genuinely functional advantage, giving separate entry options and practical side access, which is uncommon for a home of this size. The private fenced courtyard and single remote garage keep outdoor upkeep low, while the internal laundry adds everyday convenience. This property is best suited to first-home buyers, downsizers, or investors seeking a low-maintenance holding in an established residential suburb where the surrounding stock is dominated by larger three-bedroom family houses. Its configuration creates less direct competition and a narrower but motivated buyer pool. The eventual price may be shaped by the actual land size and how the dual street access is used by the buyer. A smaller two-bedroom floorplan might limit appeal for families, but the fresh paint and working appliances reduce immediate spending, which is a genuine offset. The courtyard and single garage are modest in scale, so expansion potential is constrained, and buyers might weigh that against the convenience and lower running costs. Position within the street and overall street appeal may also matter more than bedroom count for this type of property.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Miner Lane, Andergrove QLD 4740
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Andergrove, in the Mackay region, is a family-dominated suburb attracting lifestyle buyers and investors from Brisbane, Sydney and Melbourne, plus local first-home buyers. The median house price is $643,000 after annual growth of about 21%, with houses selling in a median 11 days across 208 sales in the past year. Weekly rents average $680, but house yields near 3.3% sit below the Queensland average of 4%. Mining, resources, agriculture and state infrastructure spending underpin the economy, and the 2032 Brisbane Olympics is expected to add activity. Tight supply and interstate migration support demand; low inventory intensifies competition, and growth is forecast to moderate to 3-5% for houses and 2-4% for units.
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PropCred Estimated Value

Comparable Sales: 13 Miner Lane sold $453,000; 11 Redwood Street sold $640,000 | Property Price Band: $450K–$550K | Value Drivers: condition, dual street access, low-maintenance layout

Bedrooms

2

Bathroom

1

Parking

-

Land

135m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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