17 George Street, Macleay Island QLD 4184
17 George Street, Macleay Island QLD 4184
Detached 2-bed house on 807m² | Low-density island setting | Ferry-linked lifestyle location | Modest rental demand signal | Planning constraints possible on some blocks
The property’s competitive strength lies in its generous 807m² land parcel, which is notably larger than many compact house allotments across the island. This size offers genuine scope for outdoor living, future extensions, or a shed, making it particularly attractive to lifestyle buyers, downsizers, and retirees seeking a low-maintenance yet spacious island retreat. The detached house configuration with two bedrooms and one bathroom suits a straightforward, functional layout that appeals to those prioritising land and location over internal complexity. The local market is heavily oriented toward detached dwellings and vacant parcels, so this property aligns well with the dominant buyer profile. Ferry-dependent access and the island’s sheltered Moreton Bay setting add lifestyle appeal, while the modest rental market suggests steady, if not high, tenant demand. This house best serves buyers wanting an affordable entry into island living with room to personalise.
Value may be influenced by the property’s condition, renovation potential, and any planning constraints that could limit development. The 807m² land size provides flexibility, but if the block is subject to conservation or environmental overlays, that could affect usability and resale appeal. The lack of confirmed build age, internal layout, and finish quality means buyers should weigh potential upgrade costs. The nearby rental signal of $450 per week for similar-sized stock suggests modest income potential, while larger or better-located houses on the island achieve higher rents. Aspect and water views, if present, could materially lift value, but these are unconfirmed. Buyers should factor in ferry dependence and the island’s quieter, low-density character when assessing long-term desirability.
|| Comparable Sales: 17 Koonwarra Parade sold $580,000 (Dec 2025); 17 Arthur Street estimated $582,000 | Property Price Band: $500K–$600K | Value Drivers: Land size, condition, planning constraints, potential water views
Detailed Independent Property Report prepared by PropCred Analyst team for 17 George Street, Macleay Island QLD 4184
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Macleay Island is a ferry-linked island suburb where demand is driven primarily by older couples without children, most owning homes outright, and a workforce concentrated in trades. The recent 12 months saw house prices rise 18.9%, with medians ranging from $510,000 to $575,000, while rents grew 5.4% to $485 weekly and gross yields sat at 4.72%. Sales volume was robust at 174–183 transactions, yet supply is exceptionally tight: only 14 properties were for sale and 2 for rent in the latest month. Growth drivers rest on island lifestyle appeal and constrained stock, but affordability is the key constraint; median household income is low, limiting how much further prices can stretch, while reliance on ferry transport and absence of road or rail links cap broader buyer appeal.
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PropCred Estimated Value
Comparable Sales: 17 Koonwarra Parade sold $580,000 (Dec 2025); 17 Arthur Street estimated $582,000 | Property Price Band: $500K–$600K | Value Drivers: Land size, condition, planning constraints, potential water views
Bedrooms
2
Bathroom
1
Parking
1
Land
807m²
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