36 King Street, Gympie QLD 4570
36 King Street, Gympie QLD 4570
900m² parcel | three-bedroom lowset | single garage under | Gympie market active | no recent sale data
The property’s competitive strength lies in its 900m² land size within a street of 59 properties, which is rare for a standard house offering in Gympie’s current market. The three good-sized bedrooms and separate toilet layout serve families or downsizers seeking single-level living with expansion potential on the block. The single garage under the house provides covered parking and storage, a practical edge for buyers valuing utility over presentation. This property is best suited to owner-occupiers prioritising land over finish, as the lack of floorplans or photos signals the house may require cosmetic updates.
The primary risk is the absence of recent sales history and the estimated value range of $580,000–$780,000, which creates uncertainty around fair price negotiation. Without a confirmed sold price or active listing status, the buyer must conduct independent due diligence on comparable sales, such as 55 King Street’s recent transaction. The opportunity lies in the Gympie market’s active sales and value growth potential, meaning a well-timed purchase on this land size could yield capital appreciation. Hold this property as a long-term land bank or renovate to lift equity before refinancing.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 King Street, Gympie QLD 4570
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Gympie’s property market is characterised by robust demand and rapid price appreciation, with median house values rising approximately 15% annually. Houses are transacting briskly, averaging 16-19 days on market, indicating strong buyer competition. This demand is likely driven by relative affordability and lifestyle appeal, though local incomes remain below the regional average, presenting a key affordability constraint. The limited unit market and significant price growth suggest a supply-constrained environment favouring houses, with future momentum tied to continued regional migration and infrastructure development.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
900m²
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