54 Gibsons Road, Burnett Heads QLD 4670
54 Gibsons Road, Burnett Heads QLD 4670
Large 940sqm block | 4-bed brick home | Priced below suburb median | Retiree-heavy area
This property presents a rare opportunity to acquire a well-maintained brick family home on a substantial 940sqm block at an asking price positioned below the suburb median for similar homes. The configuration of four bedrooms, two bathrooms, and generous parking capacity for up to six cars makes it suitable for families requiring space for multiple vehicles, a boat, or caravan. Its competitive pricing relative to the Domain estimate of $870,000 suggests potential for immediate equity gain, though the 51-day average days on market in Burnett Heads indicates buyers have negotiating room. The property serves best as a long-term family home in a stable suburb with strong retiree presence and low turnover.
The primary risk lies in the suburb’s demographic profile, where 35% of residents are over 60 and only 15% are aged 20-39, which may limit future resale demand from younger families. The 0% auction clearance rate signals a quiet market with limited competitive pressure. However, the large block size and high parking capacity are genuinely rare features that differentiate this property from typical 4-bedroom offerings. Buyers should note the property was sold in October 2023, suggesting a recent transaction that may inform vendor expectations. The opportunity exists to negotiate below the $799,000 asking price given the market’s slow pace and the vendor’s likely motivation to sell after less than three years of ownership.
Detailed Independent Property Report prepared by PropCred Analyst team for 54 Gibsons Road, Burnett Heads QLD 4670
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Burnett Heads is a mature coastal suburb with a strong recent price trend, driven by sustained regional demand and population growth. The market is characterised by an older demographic, with demand supported by the broader Bundaberg region’s appeal. While sales activity is healthy, properties take longer to sell than the state average, indicating a measured pace. Future growth is linked to ongoing regional demand, though this slower transaction speed presents a key market constraint.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
3
Land
939m²
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