27 Justin Street, Harristown QLD 4350
27 Justin Street, Harristown QLD 4350
Brick cottage on 642m² | 3-bed | Harristown near CBD | Renovator or investor profile | No overlays.
This property presents a competitively strong land position within a serene, established suburb minutes from the Toowoomba CBD. Its 642m² lot with only 31% building coverage offers rare subdivisional or extension potential for a renovator, while the three-car accommodation and solid brick construction provide a durable base for a first-home buyer or investor. The absence of flood or bushfire overlays materially de-risks the holding, and the existing rental yield aligns with market expectations for this property type.
Proceed with a valuation anchored to the land component, as the dwelling’s age and described condition necessitate a renovation budget. The primary risk is overcapitalisation in a suburb where recent comparable sales data is sparse; your offer must reflect the cost to modernise. Secure this property if the price acknowledges it as a land play with a functional house, ideal for a hold-and-renovate strategy. Our report will pressure-test the valuation range, detail locality-specific risks, and provide the due diligence checklist for insurance and development feasibility.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Justin Street, Harristown QLD 4350
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Harristown is a mature, high-growth suburb with a median house price near $690,000, driven by strong demand from established, higher-income households. Recent annual growth exceeds 22%, supported by very high sales volumes and houses selling in as few as 9 days, indicating a tight, active market. Future performance hinges on sustaining this momentum amid affordability constraints, with unit yields and growth showing greater volatility than the robust house segment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
642m²
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