450 Alderley Street Harristown QLD 4350

450 Alderley Street Harristown QLD 4350
3 bed renovated house |597mΒ² block |Est value $760k |Rental yield ~$545pw | Buyer interest >$669k |Low maint appeal This three-bedroom house on a 597sqm block suits first home buyers, downsizers or investors seeking low-maintenance living near schools and amenities. Recent renovations including ducted air conditioning, solar panels and an updated kitchen position it for immediate occupancy without major outlays, appealing to buyers prioritising practicality over expansion potential. The single bathroom and modest 284sqm building footprint on nearly 50% site coverage reflect efficient use of the mid-sized lot, offering secure fencing, a workshop and carport that enhance everyday utility for small families or tenants. In a street of similar brick homes, it stands out for its modern touches amid older stock, potentially commanding quicker interest in Harristown’s steady entry-level market. Properties like this typically attract owner-occupiers valuing walkability to Harristown State School and High School catchments, alongside reliable NBN and 5G. Comparable renovated three-beds on 500-600sqm lots here maintain values around the $700k-$820k range, buoyed by low holding costs like $1488 half-yearly rates. Long-term, the residential zoning free of flood or bushfire risks, plus low-maintenance landscaping, supports enduring appeal for rental returns near $550 weekly or patient capital growth. Its privacy features and storage abundance further it as a holdover in a suburb where such turnkeys rarely linger beyond initial listing waves. Overall market signals suggest solid positioning for sub-$700k entry without compromising on liveability.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Harristown keeps selling fastΒ—154 houses traded last year with a 29-day median time on marketΒ—making it attractive to owner-occupiers and investors seeking ToowoombaΒ’s central corridor. Developer interest in large blocks and code-assessable infill is rising while vacancies stay tight, and prices continue to trend upward over the latest half-year with the house median near $700k after roughly 20% annual growth. Risks hinge on sudden new supply or rate shifts, yet tidy 4Β–5% yields and strong redevelopment appetite keep the growth levers working.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

597mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat