35A Allen St Richmond Hill QLD 4820

35A Allen St Richmond Hill QLD 4820
Large 1172m² block | 4 bed house last sold $190k in 2021 | Current est $345k | Suits downsizers or first-home land bankers. This four-bedroom house on a 1172sqm block suits families or investors eyeing expansion potential in a low-density outer suburb. The generous land size stands out on its street, offering far more space than the typical 800sqm lots nearby, which supports practical uses like backyard workshops or future extensions. With just one bathroom its layout appeals to budget-conscious buyers who prioritize affordability over modern luxury, a common draw in this mining-adjacent pocket. Similar larger-block homes here have held steady through market cycles, buoyed by land scarcity amid regional growth pressures. Its position allows low-maintenance holding, as the double garage and solid house footprint minimize upkeep costs. Buyers often include local workers seeking entry-level ownership or retirees banking on subdivision upside over time. Performance data points to doubled value since 2021, reflecting broader land appreciation rather than structural upgrades. Long-term, the oversized lot underpins enduring appeal in a market favoring versatile acreage close to town amenities. This setup positions it well for patient owners watching regional demand build.

Market Insight:

Richmond Hill (4820) is being driven by strong rental demand, attractive gross yields and relative affordability compared with larger North Queensland centres, which is drawing investors and local buyers. Prices have trended upward over the past six months with solid quarterly gains and double?digit annual growth; risks include dependence on the regional economy and limited supply that can amplify short?term volatility, while growth opportunities hinge on continued North Queensland population and employment expansion. ([realestate.com.au](https://www.realestate.com.au/qld/richmond-hill-4820/?utm_source=openai))

PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

1172m²

Built

Recent Assessments