274 Mcdougall Street, Koongal QLD 4701

| Undersized floor plan | 16% coverage limits expansion | 14m elevation offers no views | shallow lot depth restrict use | under-market listing price risk This property’s modest 127m² building creates immediate tension with the 809m² lot-the low 16% coverage signals limited redevelopment potential without council variance, costing buyers future extension options. The elevation of 14m and 6m roof height provide passive cooling but no commercial scale advantage; the true opportunity lies in the owner-occupied street profile (100% tenancy stability) supporting steady rental income of $560–$660 weekly, but this house suits an investor prioritising yield over capital growth. Hold it as a long-term rental with minimal renovation, not a renovation flip. The competitive strength here is the dual-school catchment (Mount Archer State and North Rockhampton State High) in a suburb where 3-bedroom houses average 9 days on market-this property’s 5-day listing duration signals strong buyer momentum. For a buyer seeking a turnkey rental with reliable occupancy and low vacancy risk in a 52-sales-per-year market, the lot size and owner-occupied street offer rare stability. Review comparable sales within 500m to validate value, then proceed with a pre-purchase building inspection to confirm the 2017 renovation quality.