176 Cheapside Street, Maryborough QLD 4650
176 Cheapside Street, Maryborough QLD 4650
3-bed character house | 845m² fully fenced | high ceilings and ceiling roses | close to CBD and parkland | compact layout for the block
This property is positioned as a well-presented, detached character house on a fully fenced 845m² lot within an established residential corridor close to central Maryborough. Its interior is defined by high ceilings, ceiling roses, and a traditional presentation that appeals directly to buyers seeking period detail rather than modern minimalism. The floorplan is tight for the block size, with three bedrooms, one bathroom, and two car spaces, but the generous land component offers practical outdoor room and a sense of openness not always found in newer subdivisions. The house is best suited to owner-occupiers who appreciate character housing and want a central, walkable location with access to parklands and local amenities. It also serves investors, given its rental demand potential and the enduring appeal of older detached homes on larger parcels.
The value of this property may be influenced by the efficiency of its internal layout — a single bathroom and compact living areas might limit appeal for families seeking more space. The strong character features are a genuine positive, but the presentation of the house itself, including any need for modernisation or maintenance, could affect how its price is perceived. The land size and central position are likely to hold value, while the absence of detected overlays reduces some regulatory risk. A buyer may find opportunity in improving or extending the dwelling, though any such plans should be weighed against the existing proportions and the established streetscape’s character.
Detailed Independent Property Report prepared by PropCred Analyst team for 176 Cheapside Street, Maryborough QLD 4650
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Maryborough QLD, a regional centre north of Gympie, is in a robust seller’s market. House prices have risen 22.1% annually to a median of $525,000, while units grew 21.6% to $352,500. Houses trade in a median 19 days, with 390 annual sales and gross rental yields around 5.3% for houses. Demand is driven by infrastructure-linked transport routes and property management expansion since 2000, appealing to a low-to-middle-income buyer base. Rents for houses are up 9.4% to $525 weekly, reinforcing investor returns. Growth prospects are supported by ongoing regional transport investment, though a mature population and incomes below state averages may constrain long-term price gains.
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PropCred Estimated Value
Comparable Sales: 69 Cheapside Street sold $746,000 | Property Price Band: $650K–$750K | Value Drivers: character condition, land size, central location
Bedrooms
2
Bathroom
1
Parking
2
Land
859m²
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