26 Coon Street, South Gladstone QLD 4680
26 Coon Street, South Gladstone QLD 4680
4 bed, 1 bath, large 895sqm block | 1976 build, workshop and deck | family-oriented suburb, good school catchments | strong rental yield potential, NBN and 5G connected
This property’s competitive strength lies in its generous land size and practical configuration. The 895sqm lot is larger than typical infill blocks, offering space for a workshop, secure parking, and a deck that suits family living or trades. The four-bedroom layout on a single level is well-suited to owner-occupier families seeking room to grow, while the 4.8% estimated rental yield makes it attractive to investors. Its position in South Gladstone, within established school catchments, supports steady demand from households wanting a detached home with suburban amenity. The 1976 build is older, but the floorboards and split-system air conditioning suggest reasonable condition for its era.
The single bathroom is a material limitation for a four-bedroom house, as it may reduce appeal for families who prefer multiple bathrooms, potentially narrowing the buyer pool. The property’s age means maintenance costs could be higher, particularly for roofing, plumbing, or electrical systems, which should be inspected before purchase. The large block may also present subdivision potential, depending on local zoning, but this is not confirmed. The recent sale at $560,000 and current listing above that signal rising market sentiment, though the final price will depend on how buyers weigh the bathroom constraint against the land value.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Coon Street, South Gladstone QLD 4680
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
South Gladstone presents a compelling entry point into a market driven by industrial resurgence and genuine employment demand, not speculation. Owner-occupiers and local families form a stable buyer base, with investor interest returning cautiously, focused on solid rental yields. The market exhibits strong recent momentum, with houses transacting swiftly, reflecting tight conditions. Future growth is anchored in the region’s economic activity and a constrained rental market, though the unit segment carries a legacy of softer demand from past oversupply.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
895m²
URL has been copied successfully!