13 Landers Avenue, Rangewood QLD 4817
13 Landers Avenue, Rangewood QLD 4817
Spacious acreage near city | low-maintenance 3% building coverage | no overlays | high-demand Rangewood pocket
The property’s competitive strength lies in its rare combination of a large 1.33-acre lot with minimal building coverage, offering a private acreage lifestyle minutes from Townsville’s amenities. The 171 m² floorplan, while modest on paper, is described as deceptively spacious and suits buyers seeking room to grow without the maintenance of a larger home. Its position in a sought-after school catchment and absence of bushfire, flood, or heritage overlays reduces buyer risk and broadens appeal. This house is best suited for a family or investor wanting a low-density holding with strong long-term capital growth potential, supported by high rental demand in the area.
The primary risk is the property’s age—built in 1980—which may require near-term updates to systems or finishes, though the split-system air conditioning and FTTP NBN are modern conveniences. The 6 open car spaces and shed add functional value but are not premium features. The estimated value range of $1,040,000–$1,120,000 aligns with the asking price, leaving limited immediate upside unless the buyer negotiates below the midpoint. The rental yield of roughly 3.7% at $745 per week is modest but acceptable for a land-heavy holding. Hold this property for land appreciation and consider a minor renovation to boost rental return.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Landers Avenue, Rangewood QLD 4817
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Rangewood is a semi-rural suburb near Townsville, appealing to families seeking larger properties and a quiet lifestyle. Demand is supported by proximity to the city. The suburb offers a balance between space and accessibility. Infrastructure is moderate. Price growth has been steady.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
6
Land
1.33 acres
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