28 Imrie Close, Lake Eacham QLD 4884

28 Imrie Close, Lake Eacham QLD 4884
1-bedroom house on 6 acres | Lake Eacham semi-rural | solid block build | rare privacy and space This property presents a rare configuration in the Lake Eacham market: a compact one-bedroom house on six acres, built in 1985 with solid block construction, two bathrooms, and a verandah. For a buyer seeking a private weekend retreat or a low-maintenance rural holding, the key advantage is the land-to-building ratioโ€”only one percent of the site is built upon, leaving substantial scope for future expansion or a secondary dwelling. The fully fenced block, solar panels, and water tank reduce ongoing costs, and the location within the Tablelands council area offers reliable NBN and mobile coverage without flood or bushfire overlays. This property suits a buyer who values space and privacy over internal square footage, or someone looking to hold land in a semi-rural corridor with long-term subdivision potential. The primary risk is the limited internal accommodation; a single bedroom will constrain resale appeal to couples or solo buyers, and the rental estimate of $445โ€“$550 per week reflects that ceiling. The 1985 build and block construction are durable but may require updating for modern energy efficiency. For a buyer, the commercial logic lies in the landโ€”six acres in a sought-after catchment near Yungaburra State School and Malanda High School, with no heritage overlays. Hold this property as a private retreat or a land bank; improve the shed and verandah for immediate enjoyment, and consider a future subdivision application if council zoning allows.

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

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Market Insight:

A tightly held market with limited turnover defines this suburbโ€™s character. Demand is concentrated among buyers seeking entry-level housing, evidenced by a narrow spread between two- and three-bedroom median values, while four-bedroom homes command a significant premium, suggesting a distinct tier for families requiring space. The low sales volume of nine transactions over the past year and a single rental listing point to constrained supply and low liquidity, conditions that typically underpin price stability. However, the absence of rental yield data and limited rental activity indicate a market driven primarily by owner-occupier demand rather than investor sentiment. Future growth will depend on sustained buyer appetite for affordable housing options, yet the lack of transport and school catchment data introduces uncertainty around long-term demand drivers.
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PropCred Estimated Value

Bedrooms

1

Bathroom

2

Parking

2

Land

2.4 ha

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