19 Antonia Court Glenella QLD 4740
19 Antonia Court Glenella QLD 4740
4 bed brick house | 472sqm lot | flood overlay | 13.9% suburb growth
The property offers a rare combination of solid brick construction on a fully fenced 472sqm lot with side access, making it one of the more practical family holdings in a suburb that has appreciated 13.9% recently. The open-plan kitchen and dining layout, air conditioning in key zones, and covered outdoor patio reduce immediate post-purchase expenditure, which strengthens a buyerโs negotiating position. This house is best suited to families seeking a low-maintenance home with secure yard and garage access, or investors targeting the 4.5% rental yield midpoint of $725 per week.
The flood overlay is the primary risk and should be verified through council flood mapping and insurance quotes before proceeding, as it may affect resale liquidity and premium costs. The 2014 purchase price of $186,000 indicates significant capital growth, but the current estimated value range of $710,000 to $820,000 suggests the market has already priced in much of the suburbโs upside. A buyer should hold this property for at least five years to absorb any flood-related discount and benefit from continued Mackay growth, or occupy it immediately to capture the rental savings and lifestyle advantages.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Glenella is a tightly held family suburb with a high-income demographic, underpinning its robust market. Demand is driven by owner-occupiers seeking established homes, evidenced by rapid sales and critically low rental vacancy. The market has experienced significant capital appreciation, with houses transacting swiftly, indicating strong competition. Future growth is supported by sustained buyer activity and rental demand, though constrained supply and rising prices present affordability considerations for new entrants.