26 Frangipani Drive, Kingaroy QLD 4610
26 Frangipani Drive, Kingaroy QLD 4610
Modern family home | high-growth Kingaroy suburb | strong rental yield | no overlay risks
The property’s competitive strength lies in its combination of a large 901m² lot with only 32% building coverage, offering rare outdoor space in a market where median house prices have risen 23.8% annually. The 4-bedroom, 2-bathroom configuration with three toilets and an ensuite serves families well, while the fully fenced yard, outdoor entertainment area, and water tank add practical appeal for owner-occupiers. Positioned in a street where 75% of properties are owner-occupied, the house benefits from stable neighbourhood demand, and its clearance from bushfire, flood, and heritage overlays removes common buyer concerns. This property is best suited to families seeking a modern home in a growing regional centre with strong school catchment access.
The primary risk is the 32% building coverage, which may limit future extension potential for buyers wanting to add a granny flat or studio. The property’s 2-day listing time suggests competitive interest, so a buyer should act decisively. Rental income of $565 per week against a $649,000 list price yields 4.5%, slightly below the suburb’s 4.9% average, but the 23.8% annual capital growth offsets this. The NBN FTTP connection supports remote workers, adding lifestyle value. Hold this property as a long-term family home or rent it out for steady income in a market with proven appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Frangipani Drive, Kingaroy QLD 4610
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Kingaroy presents a high-growth regional market, with house prices surging 19.6-24.7% annually to a median of $550,000. Demand is driven by a working-age demographic, with most residents earning $78k-$130k as labourers, and supported by low stock levels at 2.9%. Strong rental yields of 5.45% for houses and 6.13% for units attract investors, though affordability is a key risk with local incomes 17.5% below the regional average.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
901m²
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