228A Slade Point Road, Slade Point QLD 4740
228A Slade Point Road, Slade Point QLD 4740
1,012m² land | 2-bed cottage footprint | coastal suburb setting | school catchment | bushfire overlay
This property’s main competitive strength is the land-to-dwelling ratio. A 1,012m² lot in a low-rise coastal suburb, paired with a compact 2-bedroom cottage, is uncommon and appeals to buyers who value space, privacy, and future flexibility. The house itself is modest, but the land gives it a rare edge in a market where larger lots are increasingly sought after. It suits an owner-occupier looking for a manageable coastal home with room to extend, or an investor wanting a land-rich holding in a suburb with steady detached-house demand. The school catchment for Slade Point State School and Pioneer State High School adds practical family appeal, and the low-elevation, residential setting reinforces a simple, liveable coastal character.
Value may be shaped more by the land than the dwelling. The bushfire overlay could affect insurance premiums and trigger additional building requirements if extensions are planned, so that should be weighed. The 2-bedroom configuration may limit appeal to families compared with larger homes nearby, but that same constraint keeps the entry price lower and creates potential for a future renovation or redevelopment. The property’s worth is likely tied to what a buyer can do with the land rather than the cottage as it stands today.
Detailed Independent Property Report prepared by PropCred Analyst team for 228A Slade Point Road, Slade Point QLD 4740
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Slade Point, a coastal lifestyle suburb in the Mackay region, is anchored by mining, resources and agriculture. Demand is led by interstate investors from Brisbane, Sydney and Melbourne seeking rental yields above 5%, alongside lifestyle buyers. House prices are firm: a $596,000 median with 11.4% annual growth, a $627,500 median with 17.3% compound growth, and three-bedroom homes jumping 27.3% to a $566,500 June-quarter median. Units show momentum too, with two-bedroom stock up 89.7% annually to $370,000. The market moves quickly—median days on house listing are 14, with 86–93 annual sales. Growth drivers include coastal lifestyle demand, infrastructure links to Mackay and a tight rental market; but emerging supply, waterfront affordability constraints and investor sensitivity to interest rates are key risks.
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PropCred Estimated Value
Comparable Sales: 2-bed cottage on 950m² sold $510k; 3-bed house on 1,050m² sold $545k | Property Price Band: $500k–$600k | Value Drivers: land size, coastal location, redevelopment potential
Bedrooms
3
Bathroom
1
Parking
1
Land
670m²
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