182 Tor Street Rockville QLD 4350
182 Tor Street Rockville QLD 4350
3-bedroom starter home | 600m² block with shed | Rockville growth corridor | solar panels installed
The property offers a rare combination of a solid 600m² block with a functional shed and double carport, positioning it as a strong entry point in a suburb that has delivered 21.8% annual growth. The solar panels and recent NBN update reduce ongoing costs, which matters for first-home buyers and investors targeting yield. The 241m² building footprint is generous for a three-bedroom house, and the lockable shed adds practical storage that competing properties in this price bracket often lack. This house serves best as a long-term hold for an owner-occupier or a cash-flow-positive rental, given the $550 per week rental estimate against a purchase price that sits below the suburb median.
The bushfire, flood, and heritage overlays introduce non-trivial insurance and development constraints that a buyer must price into their offer. The comparable sale at 184 Tor Street for $700,000 suggests the market has already absorbed some of these risks, but the listing price at $625,000 leaves room for negotiation. The 40% building coverage on a 600m² lot limits future extension potential without a planning application. A buyer should treat this as a buy-and-hold proposition: the growth story is in the suburb, not the house itself, and the overlays mean resale will depend on finding another buyer who accepts the same constraints.
Detailed Independent Property Report prepared by PropCred Analyst team for 182 Tor Street Rockville QLD 4350
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Rockville presents as a tightly held, high-growth market where strong buyer demand is rapidly absorbing limited stock, evidenced by exceptionally swift sales. This momentum is primarily driven by owner-occupiers, with a significant portion of the market leveraged, indicating sensitivity to financing conditions. The suburb’s robust price appreciation is supported by solid rental fundamentals, though its relative affordability within the broader region remains a key characteristic. Future performance will be contingent on the balance between this sustained demand and the constrained supply of available properties.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
600m²
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