33 Mcleod Street, Rangeville QLD 4350

Rangeville school catchments | 711m² level parcel | four open car spaces | recent resale in 2025 This property presents a competitively strong offering within a tightly held family precinct, defined by its placement in the sought-after catchments for Rangeville State School and Centenary Heights State High School. The 711 square metre block with four open car spaces provides a practical configuration for larger families, which is a relative rarity against newer subdivisions and supports a durable demand profile. Its immediate resale history, having last transacted in 2025, indicates a motivated vendor circumstance and a property that is likely to be well-presented, avoiding the typical risks associated with long-held, dated assets. This house serves the family buyer segment most directly, where school zoning often commands a significant premium over suburb-wide median prices. The decision hinges on reconciling the listing price against recent sales velocity and the specific bushfire overlay, which carries insurance and future improvement cost implications. The commercial logic is clear in the comparable sales, where properties with similar configurations but smaller land components achieved sale prices above their listing benchmarks after approximately two months on market. A plain judgment call is to treat this as a premium-priced, turn-key family home in a prime catchment; it is suited for a long-term hold to realise the educational utility, not for short-term arbitrage given the recent vendor activity. Recent comparable sales on Mcleod Street or similar establish a firm value corridor: – A property sold for $1,325,000 after 46 days, matching its list price. – A 680m² property listed at $999,000 sold for $1,050,000 after 55 days in October 2025. – A 665m² property listed at $995,000 sold for $1,075,000 in December 2025. This data infers that well-presented four-bedroom homes on good land are achieving prices 5-8% above list, with a market time of 6-8 weeks. The subject property’s asking range is positioned at the upper extremity of this established band, demanding a justification based on superior land size, condition, or exact positioning within the catchment.