17 Bowen Court, Moranbah QLD 4744
17 Bowen Court, Moranbah QLD 4744
Cul-de-sac position | 9 car spaces with powered shed | 1,515m² lot | 14.7% yield potential
The property’s competitive strength lies in its rare combination of a large 1,515m² lot in a quiet cul-de-sac with exceptional parking and workshop capacity—nine car spaces including a powered triple-bay shed. This configuration gives it dual appeal for families needing space and investors targeting high rental returns, supported by the previously advertised 14.7% yield. The fully fenced block with two living areas and outdoor entertainment area suits owner-occupiers seeking privacy and room to grow, while the residential zoning with no overlays reduces development friction.
The main risk is the property’s location in Moranbah, where median house prices sit at $356,500 and average days on market stretch to 60, suggesting softer demand compared to metro markets. The 0% auction clearance rate indicates limited competitive tension. However the opportunity is clear for a buyer willing to hold—the property is priced at $520,000 with a mid-$500k valuation and $640 weekly rent, offering immediate positive cashflow. The 90% owner-occupier street profile and recent sales history showing price growth from $210,000 in 2019 to $395,000 in 2024 support long-term capital appreciation potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Bowen Court, Moranbah QLD 4744
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Moranbah is a classic mining town where property demand is driven by the robust resources sector, attracting investors and fly-in fly-out workers seeking high rental yields. Recent price growth has been strong, supported by a tight supply of housing and a steady influx of workers. Future performance remains intrinsically linked to mining industry stability, with the market sensitive to economic cycles and interest rate fluctuations that could impact its investor-heavy profile.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
9
Land
1515m²
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