5/329 Hume Street, South Toowoomba QLD 4350
5/329 Hume Street, South Toowoomba QLD 4350
3-bed unit on 41m² | dual parking rare at this size | off-market status | established school catchment | mature South Toowoomba pocket
A three-bedroom configuration within such a compact footprint is unusual, and pairing it with two dedicated parking spaces makes this unit genuinely distinctive for its size. The off-market position suggests less competition, while the established inner-suburban location provides immediate access to schools and daily amenities. This property suits a first-home buyer seeking flexibility for study or guests, or an investor targeting reliable rental demand from small households. The dual parking alone gives it an edge over similar compact stock, where single car spaces are more typical.
The small 41m² internal area might limit appeal for families needing generous living zones, and the layout may feel tight compared to larger units. Condition and presentation could significantly influence perceived value, as could the level of body corporate fees or any restrictions on the parking allocation. A buyer might weigh whether the three-bedroom count truly translates to functional living space, or if the price premium for that extra room is justified. The dual parking may, however, offset some concerns by adding tangible convenience.
>> Comparable Sales: 2/329 Hume Street sold at $550,000 | Property Price Band: $400K–$500K | Value Drivers: condition, layout, parking allocation
Detailed Independent Property Report prepared by PropCred Analyst team for 5/329 Hume Street, South Toowoomba QLD 4350
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
South Toowoomba is a regional Queensland suburb driven by a young professional base: the dominant 20–29 cohort, mostly Australian-born, with certificate qualifications and incomes in the $78k–$130k range. Median household income rose 19.79% to $1,350 weekly. Houses sell in a median 13 days, with 93 sales. Median house price is $730,000 after 22.48% annual growth; alternative data put the last-year median at $992,500 (+8.10%) and $851,750 (+6.16%). Gross rental yield is 3.4%. Data on future growth drivers and key risks are unavailable.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
41m²
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