5 Breakspear Street Gracemere QLD 4702

3 bed highset on 800m² |inground pool + solar |140m walk to school |listed $599k vs $583k value |$545pw yield This three-bedroom house on an 800sqm block suits families prioritizing school proximity and backyard space for kids and storage. The highset design maximizes underhouse utility with lockup garage, rumpus room and second bathroom, ideal for multi-generational living or home office setups. Inground pool and covered patio extend living outdoors on the generous lot, while side access supports boat or shed storage common in this area. Recent updates like fresh paint and flooring upstairs signal low immediate maintenance, appealing to buyers avoiding reno costs. Its position steps from Waraburra State School draws families with young children, fitting neatly among similar 1990s-era homes on the street. Properties like this typically attract local workers seeking affordable entry to family ownership, with steady demand from Rockhampton commuters. Market data shows comparable sales holding firm around $530k-$640k, bolstered by the lot’s size exceeding many newer builds. Long-term, the 800sqm land and lack of overlays provide flexibility for extensions or subdivision potential, enhancing holding value amid regional growth. Reliable NBN and 4G coverage adds practical appeal for remote work trends. Overall, it positions as a solid mid-range family hold in a market favoring established blocks over tight urban lots.