199 West Street Harristown QLD 4350

199 West Street Harristown QLD 4350
4 bed character home |799m² lot |Tenanted $615/wk |Walk to hospital | schools (128 characters) This four-bedroom house on a 799sqm block suits investors seeking immediate rental returns or families prioritising hospital and school access. The property delivers practical family living through its character layout with high ceilings, VJ walls, and flexible office space alongside three built-in bedrooms. A detached three-bay shed and rear deck enhance usability for vehicle storage and outdoor activities on the fully fenced lot. Dual street access via Underwood Crescent adds convenience in a street of similar established homes. Buyers drawn to such properties often include healthcare workers or downsizers valuing the short walk to Toowoomba Hospital and Clifford Gardens. In the local market, comparable character houses on mid-sized lots hold steady values around $750k, supported by reliable $600-plus weekly rents. The tenancy until mid-2026 provides holding security while allowing time for market assessment. Long-term appeal stems from the generous land size and absence of flood or bushfire risks, positioning it well for future family expansion or subdivision potential. Overall, its blend of income and lifestyle utility underscores resilient demand in this pocket.
Detailed Independent Property Report prepared  by PropCred Analyst team for 199 West Street Harristown QLD 4350
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Insight: 199 West Street Harristown QLD 4350

Harristown keeps selling fast—154 houses traded last year with a 29-day median time on market—making it attractive to owner-occupiers and investors seeking Toowoomba’s central corridor. Developer interest in large blocks and code-assessable infill is rising while vacancies stay tight, and prices continue to trend upward over the latest half-year with the house median near $700k after roughly 20% annual growth. Risks hinge on sudden new supply or rate shifts, yet tidy 4–5% yields and strong redevelopment appetite keep the growth levers working.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

799m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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