40 King Street, Moura QLD 4718

40 King Street, Moura QLD 4718
Fully renovated | 809mΒ² side-access block | new double shed | 7.1% rental yield This property presents a competitively strong offering for the Moura market, defined by its immediate move-in condition and low-maintenance footprint on a disproportionately large, usable block. The full renovation modernizes the core living areas, while the new double bay shed and side access directly serve the practical demands of tradies or hobbyists, a key buyer segment in this location. Its recent periodical lease at approximately $320 per week demonstrates proven tenantability, and the suburb’s high rental yield supports a set-and-forget investment thesis. This combination of turnkey living and significant utility from the land is rare for the price point, positioning it optimally for an owner-occupier seeking space or an investor targeting reliable cash flow. The primary risk mechanism is the small internal building area of 88 square metres, which may constrain long-term owner-occupier appeal and resale to families, potentially capping capital growth relative to larger homes. This is mitigated by the property’s role as a high-yield rental or a functional base for a single buyer or couple. The commercial logic is clear: acquire a renovated, income-producing property with substantial outbuilding space at a cost per square metre that reflects land value. Proceed with an offer aligned to current yield calculations, holding it as a long-term rental or a functional personal residence, but adjust growth expectations to account for its compact living quarters.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Moura presents as a high-growth, high-yield rural market, with house prices surging over 40% annually to a median near $295,000. Demand is driven by family households, who comprise 66% of the demographic, with strong investor interest evidenced by gross rental yields approaching 9%. The market is exceptionally tight, with only 1-2 houses listed for sale and median days on market at 44, indicating intense competition. Future growth is underpinned by this severe supply constraint, though the market’s sensitivity to interest rates remains a key risk given 45% of owners hold a mortgage.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

809mΒ²

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