34 Ney Street, Moranbah QLD 4744
34 Ney Street, Moranbah QLD 4744
Large 800m² block | double bay shed | tenanted at $680/week | above-median price point
This property’s primary competitive advantage is its land-to-building ratio: an 800m² block with a 114m² house and a substantial double bay shed offers rare utility for storage, workshop, or future subdivision potential in a mining town where land constraints are tightening. The existing tenancy at $680 per week until March 2027 provides immediate, above-median rental yield, which suits an investor seeking cash flow without vacancy risk. The property is best positioned for a buyer who values income stability and land optionality over a turnkey interior.
The above-median asking price reflects a premium for the shed and block size, but the 60-day average days on market suggests negotiation room exists. The 79% male, 20-39 skew in Moranbah signals a transient workforce, which can increase tenant turnover risk post-lease. The lack of auction activity indicates sellers expect private treaty sales, giving buyers leverage. Hold this property for its land value appreciation and rental income, not for short-term capital gains.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Ney Street, Moranbah QLD 4744
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Moranbah is a classic mining town where property demand is driven by the robust resources sector, attracting investors and fly-in fly-out workers seeking high rental yields. Recent price growth has been strong, supported by a tight supply of housing and a steady influx of workers. Future performance remains intrinsically linked to mining industry stability, with the market sensitive to economic cycles and interest rate fluctuations that could impact its investor-heavy profile.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
5
Land
800m²
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