3/37 Electra Street, Bundaberg West QLD 4670
3/37 Electra Street, Bundaberg West QLD 4670
modern townhouse | north facing | above 2013 flood level | government tenant demand | walkable to hospital and CBD
This property is competitively positioned within Bundaberg West as a newer, purpose-built townhouse that stands apart from the older detached housing stock typical of the suburb. Its north-facing aspect, solid brick construction, and multiple outdoor areas give it a more executive feel than standard investor-grade units. The fact it sits above the record 2013 flood level is a meaningful differentiator in a regional river-city location, and the secure single lock-up garage with remote access adds practical appeal. This townhouse best suits health-sector professionals, downsizers, or investors seeking low-maintenance housing with strong walkability to the hospital, schools, and town centre. The government head lease arrangement at the time of sale signals institutional confidence in the property’s rental stability.
A few factors may shape how a buyer forms a view on price. The property’s value is closely tied to proximity to the hospital and civic precinct, so any shift in public-sector employment or health funding in the region could affect demand. The complex contains only ten units, which keeps supply tight but also means body corporate costs and rules should be reviewed carefully. While the townhouse is modern and well-finished, its appeal is more functional than lifestyle-driven, meaning buyers seeking premium amenity or large landholdings may look elsewhere. The rental yield implied by recent figures is solid for the area, but that depends on tenant quality and lease continuity.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/37 Electra Street, Bundaberg West QLD 4670
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Bundaberg West is a tightly held regional market, with median house prices rising 12-16% annually to approximately $611,500, supported by strong buyer demand from over 171,000 monthly searches in the Greater Bundaberg region. Demand is driven by families, retirees, and remote workers seeking affordability and lifestyle, with houses selling in a median of 20 days. Future growth is underpinned by tight rental demand yielding 5.55% and regional migration trends, though key risks include affordability constraints and potential supply increases from new estates moderating price growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
153m²
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