206 Harrison Street, Frenchville QLD 4701

206 Harrison Street, Frenchville QLD 4701
Quiet pocket Frenchville | fully renovated 3-bedder | 515sqm flat block | family catchment advantage The renovation removes the two biggest friction points for a buyer in this price band โ€” deferred maintenance and dated layout. A 173sqm floorplan on a 515sqm block with 34% coverage gives genuine internal space without the yard burden of a larger lot. The position inside the Frenchville State School and North Rockhampton State High catchments, combined with the quiet street profile, makes this property a strong candidate for a young family wanting move-in certainty. The absence of flood, bushfire, or heritage overlays simplifies due diligence and financing. For an owner-occupier, the value lies in avoiding post-settlement capital works; for an investor, the estimated rental midpoint of $585 per week on a sub-$650k entry point produces a yield that competes with higher-risk options in the region. The 2022 sale at $400,000 and the 2008 figure of $215,000 show a steep recent uplift, which means the renovation cost is already priced in and the ceiling for further capital growth in the short term is tied to the Rockhampton market rather than any property-specific scarcity. The 515sqm lot, while functional, offers no subdivision potential and the 34% site coverage limits extension options without council approval. The NBN FTTB connection is adequate but not a premium feature. The buyer should treat this property as a hold for five to seven years, not a flip, and should negotiate hard against the upper end of the estimated $660kโ€“$800k range because the recent sale history provides a transparent cost base for the vendor.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Frenchville is a tightly held, owner-occupier suburb attracting young professionals, with demand underpinned by its established residential character and proximity to quality schools. This demographic is driving a robust and fast-moving market, evidenced by rapid sales and significant capital appreciation across both houses and units. Future growth is supported by strong rental demand, though a slight population decline and limited new listings present a constraint on available supply.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

515mยฒ

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