22A Davey Street, Glenella QLD 4740
22A Davey Street, Glenella QLD 4740
4-bed, 3-bath family house | 563 m² lot with 164 m² build | FTTP and 5G connected | Glenella school catchments | $850/week rental potential
This property holds a clear competitive edge in Glenella: a four-bedroom, three-bathroom layout on a manageable 563 m² block is rarer than the older, larger-lot homes that dominate the suburb. The house is positioned for families who want modern living without the upkeep of an oversized yard, and the school catchment pairing with Glenella State School and Mackay North State High School strengthens its appeal to owner-occupiers. With FTTP NBN and 5G coverage, it also suits remote workers or professional households. The estimated $850 per week rental income signals strong tenant demand, making it equally attractive to an investor seeking a quality family rental in a quiet, established suburb.
The value picture may hinge on a few factors. The bathroom count is inconsistent across data sources, so a buyer should confirm the actual configuration before relying on the three-bath figure. The 563 m² lot is smaller than some Glenella parcels, which might limit redevelopment potential but also reduces maintenance. The house’s estimated value near $1 million suggests it sits at the upper end of the suburb’s family-home bracket, so presentation and condition will likely matter more than land size. A buyer should weigh whether the modern layout and infrastructure justify a premium over older, larger-block alternatives.
|| Comparable Sales: 8 Davey Street sold Nov 2021 for $557,000 on 1,012 m²; 20 Davey Street listed as invest/develop option | Property Price Band: $950K–$1.05M | Value Drivers: modern 4-bed layout, school catchment, FTTP/5G connectivity, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 22A Davey Street, Glenella QLD 4740
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Glenella is a family-dominated suburb in regional Queensland, with high-income households underpinning robust demand. Houses trade in 13-23 days against a 0.24% vacancy rate, and rental yields of 5.39-5.51% support investors. Median house prices ranged from $701,000 to $775,000 over the past year, with annual growth of 12.5-17.3%. Supply is tight: stock is down 13.3% year-on-year with minimal listings. A sole primary school anchors the catchment, while garages of 2-8 spaces feature across recent listings. Affordability is the key risk, as price growth has outpaced local earnings capacity; rate sensitivity remains unquantified. Momentum persists, but stretched valuations increase correction risk.
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PropCred Estimated Value
Comparable Sales: 8 Davey Street sold Nov 2021 for $557,000 on 1,012 m²; 20 Davey Street listed as invest/develop option | Property Price Band: $950K–$1.05M | Value Drivers: modern 4-bed layout, school catchment, FTTP/5G connectivity, rental yield potential
Bedrooms
4
Bathroom
3
Parking
1
Land
563m²
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