12 Mcgrath Lane, Booval QLD 4304

12 Mcgrath Lane, Booval QLD 4304
1950s character home | flood-free 776sqm block | renovated roof & stumps | short walk to amenities This property presents a competitively strong proposition due to its rare combination of a large, flood-free block in a central location with a renovated structural envelope. The 2015 roof and new stumps mitigate major maintenance concerns for an older house, while the land size offers future flexibility. It serves the family or long-term investor seeking a character home with secure fundamentals in a convenient suburb. Proceed with the understanding that the two-bedroom, one-bathroom configuration caps its appeal against modern stock, and the single carport is a functional limitation. The estimated rental yield is modest, aligning with a buy-and-hold strategy for capital growth leveraged off the land. Our analysis supports an offer strategy anchored to the lower quartile of the provided range, contingent on a building inspection verifying the 1950s construction. A Propcred report would pressure-test the listed price against true comparable sales and detail locality-specific risks for insurance.
Detailed Independent Property Report prepared  by PropCred Analyst team for 12 Mcgrath Lane, Booval QLD 4304
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Market Insight:

Booval presents as a mature, established suburb with a stable demographic core of owner-occupiers, primarily comprising professional and trades-based households. Demand is driven by this established resident base, evidenced by strong owner-occupancy and consistent sales activity. The market demonstrates robust capital appreciation across both houses and units, with houses transacting swiftly, indicating sustained buyer competition. Future growth is underpinned by this demonstrated performance, though the limited available supply for sale presents a key market constraint.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

776m²

Assessments Delivered Today

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