15 Short Street Winston QLD 4825

15 Short Street Winston QLD 4825
3 bed house | 1090mยฒ block | Winston, Mount Isa | $280/mยฒ land value | 4 car spaces | Solar + AC | FTTP | 1975 build This property offers a rare combination of a large, level 1090mยฒ block with four dedicated car spaces, solar panels, and split-system air conditioning in a suburb where land value per square metre sits at a modest $280. The 281mยฒ building footprint, built-in robes, and fully fenced yard with outdoor entertainment area make it a practical holding for a buyer seeking low-maintenance rental income or a solid entry into Mount Isa’s housing market. It is best suited to an investor or owner-occupier looking for a detached house with immediate rental return potential at $450 per week, supported by high confidence estimates and no detected flood or bushfire overlays. The primary risk is the property’s age and condition, as the 1975 build may require capital expenditure on roofing, plumbing, or electrical systems not reflected in the listing. The $305,000 estimated value sits above the current list price, but the wide $240,000โ€“$370,000 range signals market thinness in Winston, and the last sale at $350,000 in 2012 suggests limited recent price discovery. There is an opportunity to negotiate below the list price given the contrast between active listings and one source indicating the property may not be currently on the market. Hold this property for rental yield or as a low-cost land bank in a resource-driven regional market.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Winston presents as a young, trade-oriented suburb within the Mount Isa region, currently experiencing divergent price trends between its housing and unit markets. Demand is underpinned by broader Queensland regional drivers, including interstate migration and infrastructure investment, yet local inventory remains notably low. This scarcity, coupled with high regional demand, creates upward price pressure, though the suburb’s limited sales volume suggests a tightly held market sensitive to broader economic shifts.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1091mยฒ

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