5 Percy Street, Maryborough QLD 4650

Four-bedroom family house on 817m² lot | Strong value growth since 2022 acquisition | No current listing | Large block in established street This property presents a compelling case based on its underlying land value and configuration. The substantial 817m² lot with a four-bedroom house is a rare offering in established suburbs, catering specifically to families or owner-occupiers seeking space and renovation potential. Its significant estimated value increase since the 2022 sale demonstrates strong market recognition of this proposition, positioning it as a strategic hold for capital growth. The primary risk is market timing, as the absence of a listing suggests a vendor not under pressure, potentially limiting negotiation leverage. The wide valuation range indicates subjective quality, demanding a thorough building inspection. Acquire this property as a long-term hold; its land component ensures fundamental value while the house offers immediate utility. Execute only at a price reflecting the lower end of current estimates to protect your equity. Recent Percy Street sales provide direct context: – 5 Percy Street: Sold for $360,000 in August 2022 (4 bed, 2 bath). – 18 Percy Street: Sold for $470,000 in August 2024 (2 bed, 1 bath), having gained $40,000 in one year. This comparison underscores the premium for larger, family-sized homes in this locale. The subject property’s four-bedroom format on a larger block logically commands a value significantly above the recent $470,000 sale, anchoring the lower end of its estimated range.