270 Dean Street, Berserker QLD 4701

270 Dean Street, Berserker QLD 4701
Large residential lot in Rockhampton | 2-bed house with ducted cooling | Within sought-after school catchments | No bushfire or flood overlays This property presents a strong proposition for an owner-occupier, particularly a family, due to its substantial 819mΒ² lot in a stable residential setting. The combination of ducted cooling, full fencing, and a shed offers immediate utility, while placement within the Berserker Street and North Rockhampton State High catchments is a persistent value driver. The 22% building coverage indicates significant under-utilization, providing clear scope for future expansion or outdoor living, which is a competitive advantage over smaller lots in the area. The primary risk is the absence of recent, direct comparable sales data, making price validation difficult against the listed $489,000. The estimated value range of $450,000 to $530,000 reflects this uncertainty. Furthermore, the 1991 sale price is irrelevant for current valuation, and the potential listing status inconsistency requires immediate verification. Proceed with an offer anchored to the lower end of the valuation spectrum, conditional on building and pest inspections, as this property is best acquired as a long-term hold to capitalize on its land bank and catchment appeal.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

This suburb is positioned as a high-demand, affordable entry point, attracting a young professional demographic. Demand is driven by this cohort’s strong rental appetite, evidenced by a critically low vacancy rate and robust room rental demand. Recent price trends show exceptional capital growth, supported by rapid sales and a highly competitive market. Future growth is underpinned by sustained rental pressure and high market absorption, though price variability indicates a degree of market volatility as a key consideration.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

819mΒ²

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