3/278 Dunbar Street, Koongal QLD 4701

Quiet garden position set back from road | Lowset brick unit with secure parking | Two-bedroom open-plan layout | Strong rental demand in Koongal catchment This unit occupies a rare position within a garden complex that is set back from the road, giving it a privacy advantage over most comparable lowset offerings in Koongal. The open-plan kitchen, dining, and living area with air-conditioning in both main bedroom and living room removes the most common compromise in this price tier. For a first home buyer or downsizer, the 164m² land component within a strata complex offers the lowest possible outdoor maintenance while retaining a separate front courtyard. The school catchment placement for Mount Archer State School and North Rockhampton State High School is a structural demand driver that supports both resale velocity and tenant quality. The primary risk is the gap between the current asking position and the automated valuation range, which suggests the vendor may need to adjust expectations before a transaction becomes viable. Strata reports are available but at a cost and with a delay, meaning any buyer should factor in a conditional offer or pre-purchase due diligence period. The 2020 sale price is not disclosed, which limits benchmarking precision. For an investor, the rental midpoint of $425 per week against a likely negotiated purchase price in the high $300,000s delivers a gross yield above 5.5 percent, which is competitive for Rockhampton. Hold this property as a low-maintenance income-producing unit or a stepping-stone home with strong school catchment appeal.