18 Derby Street, Yorkeys Knob QLD 4878
18 Derby Street, Yorkeys Knob QLD 4878
4 bed, 2 bath, 110m² floor area on 866m² land. Single-storey concrete block house built 1987. Oversized kitchen with stone benchtop. Vinyl plank flooring throughout. Modern bathrooms. Tiled roof repainted recently. No enclosed garage but extra parking potential on the block.
What is competitively strong about this property is the land-to-floor-area ratio. An 866m² block in a beachside suburb with only 110m² of house means significant room for expansion, a shed, or caravan storage—rare in this market. The concrete block construction is durable and low-maintenance, and the recent updates to the kitchen, flooring, and roof mean a buyer avoids immediate renovation costs. This property serves families who want beachside living with space to grow, or investors seeking a solid rental with yield potential around 5% based on current rental demand in the suburb. It sits well within Yorkeys Knob as a larger-than-average block in an established street.
What might materially affect value is the compact internal layout for a four-bedroom home. At 110m², the bedrooms may feel smaller than modern builds, which could limit appeal for buyers expecting generous room sizes. The lack of an enclosed garage is another factor—parking is informal, and while the block allows for additions, the cost of a carport or shed should be weighed. The 1987 build may have lower energy efficiency unless upgraded, and the concrete block walls, while solid, can feel thermally heavy without proper insulation. These factors may influence how a buyer compares this property to newer or larger alternatives in the same price range.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Derby Street, Yorkeys Knob QLD 4878
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Yorkeys Knob benefits from its proximity to Cairns, with regional infrastructure investment underpinning its appeal. Demand is driven by interstate migration seeking relative affordability and investors attracted by strong rental yields. Recent price trends show steady growth, particularly in the unit market, supported by low inventory and high competition. Future growth is linked to broader Queensland momentum and sustained rental demand, though tight supply and rising prices present ongoing affordability constraints for entry-level buyers.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
866m²
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