28 Barnfield Drive, Andergrove QLD 4740
28 Barnfield Drive, Andergrove QLD 4740
2-bedroom house | 762sqm block | in-ground pool | flood overlay present
The property’s primary buying case rests on its large 762sqm block with a 348sqm building footprint, offering rare space for a two-bedroom house in a residential area close to schools and the Mackay CBD. The in-ground pool and solar panels add lifestyle and efficiency appeal, making it suitable for downsizers or investors seeking a low-maintenance yet spacious home with strong rental demand, as reflected in the estimated weekly return.
The flood overlay is the key risk, potentially limiting insurance options and future resale appeal, which a buyer must factor into their offer and due diligence. The property’s configuration and size, however, present an opportunity for long-term capital growth through subdivision or renovation, given the block’s dimensions. Hold as a rental for steady income or improve to unlock equity.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Barnfield Drive, Andergrove QLD 4740
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Andergrove is a family-oriented suburb within Mackay’s robust regional economy, attracting lifestyle buyers and interstate investors seeking relative affordability. Demand is driven by strong rental fundamentals and migration from southern capitals, creating a competitive market with low inventory. Recent price growth has been significant, supported by ongoing infrastructure investment and the region’s economic base. Future growth is underpinned by these drivers, though a moderated pace is anticipated, with tight supply and rental yields below the state average presenting key considerations.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
3
Land
762m²
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