113 Lillipilli Street, Vincent QLD 4814

113 Lillipilli Street, Vincent QLD 4814
Established house | Family-oriented street | Dual-living potential | Mid-$500k band | Suburban depth This property sits within a pocket of Vincent where older, solidly built homes on medium blocks are the norm, and that context works in its favour. The street’s character is quiet, established, and family-focused, with most houses offering three bedrooms, single bathrooms, and practical outdoor space. What stands out here is the likelihood of flexible under-house accommodation, which broadens its appeal beyond the standard buyer. That configuration suits households wanting multi-generational living, a home office, or rental income potential without moving to a larger or newer property. The buyer it serves best is someone seeking an affordable, detached house with renovation upside in a settled suburb, rather than a turnkey or prestige product. The value of this house may be shaped by how much updating has already occurred, particularly in the kitchen, bathroom, and flooring, since the street shows a clear split between original-condition homes and lightly renovated ones. Its position on the block, aspect, and land size could also influence how it compares to similar offerings, as could the presence of a carport, deck, or shed. A flood management overlay may apply to parts of the area, so that is worth checking before forming a firm view on price. The property’s final appeal will likely hinge on presentation and the condition of its under-house space. || Comparable Sales: 40 Lillipilli Street sold at $525,000; 11 Lillipilli Street sold at $530,000 | Property Price Band: $500,000–$600,000 | Value Drivers: condition of renovations, land size, dual-living potential
Detailed Independent Property Report prepared  by PropCred Analyst team for 113 Lillipilli Street, Vincent QLD 4814
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Vincent is a Townsville suburb offering affordable housing close to retail and employment centres. Demand is driven by owner-occupiers and investors seeking value. The suburb benefits from established infrastructure. However, broader Townsville conditions influence performance. Price growth has been steady but moderate.
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PropCred Estimated Value

Comparable Sales: 40 Lillipilli Street sold at $525,000; 11 Lillipilli Street sold at $530,000 | Property Price Band: $500,000–$600,000 | Value Drivers: condition of renovations, land size, dual-living potential

Bedrooms

3

Bathroom

1

Parking

1

Land

607m²

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