2/3 Hodge Street, Kingaroy QLD 4610

2/3 Hodge Street, Kingaroy QLD 4610
Small complex of three | tenanted until 2026 | walk to primary school | low-maintenance courtyard living This unit’s strongest buying case lies in its configuration within a small three-unit complex, which typically attracts owner-occupiers seeking quieter living than larger developments, while the existing tenancy until September 2026 provides immediate income certainty for an investor. The open-plan layout with two large built-in bedrooms, a bathroom with twin vanities and separate bath, plus the fully enclosed courtyard with patio, positions it as a practical option for downsizers or first-time investors wanting low-maintenance living near Taabinga State School and town amenities. The primary risk is the absence of disclosed body corporate details, lease conditions, and council rates, which could affect holding costs and net yield. Opportunities include verifying whether the tank water is plumbed internally, as this would reduce utility expenses, and confirming the garage’s extra length adds storage value. The property’s alignment with its estimated value suggests limited negotiation room, but the rental return of $380 per week supports a stable investment profile for those prioritising immediate occupancy and school catchment appeal.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/3 Hodge Street, Kingaroy QLD 4610
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Market Insight:

Kingaroy presents a high-growth regional market, with house prices surging 19.6-24.7% annually to a median of $550,000. Demand is driven by a working-age demographic, with most residents earning $78k-$130k as labourers, and supported by low stock levels at 2.9%. Strong rental yields of 5.45% for houses and 6.13% for units attract investors, though affordability is a key risk with local incomes 17.5% below the regional average.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

121mยฒ

Assessments Delivered Today

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