2 Rundle Street, Wandal QLD 4700

2 Rundle Street, Wandal QLD 4700
2 bed, 1 bath cottage | 468 sqm block | sold $230k in 2022 | compact but established This cottage-style house on a 468 sqm block sits within Wandal’s traditional suburban mix, offering a smaller footprint that suits first-home buyers or downsizers seeking an established home without excessive land upkeep. Its compact 107 sqm internal area with air-conditioning and a sleepout provides functional living space. The property’s configuration, with two bedrooms and one bathroom, is less common among newer detached houses in the area, giving it a distinct position for those prioritizing affordability and character over size. The March 2022 sale price of $230,000 may not reflect current market conditions, as Wandal’s housing values have likely shifted since then. The building age and quality of finishes remain unconfirmed, which could influence renovation costs or ongoing maintenance. The lot’s orientation and any potential overlay constraints are not verified, meaning a buyer should investigate these factors firsthand. The sleepout may or may not be legally habitable, affecting usable space calculations.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2 Rundle Street, Wandal QLD 4700
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Market Insight:

Wandal is a tightly held residential suburb within Rockhampton, characterised by strong owner-occupier demand and a significant rental population. Demand is driven by a severe shortage of available stock, creating a highly competitive environment for well-presented houses with practical features. This scarcity underpins robust recent price growth and exceptionally fast sales, with houses transacting rapidly. Future growth is supported by these persistent supply constraints and low vacancy rates, though the market’s affordability is becoming stretched by the rapid price escalation, and the near-absence of unit sales highlights a lack of diverse housing options.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

468mยฒ

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