6 Coronation Drive, Mount Morgan QLD 4714
6 Coronation Drive, Mount Morgan QLD 4714
3 bed, 1 bath, 1 car. 999m² block. Fully renovated. Elevated with views. No flood or bushfire overlay. 5G coverage.
This house sits on a large elevated block that commands views and cool breezes, a rare combination in this suburb where most lots are smaller and flatter. The fully renovated interior removes the need for immediate work, which positions it well for buyers who want move-in quality without a project. The 999m² land size is a genuine standout, offering space for sheds, gardens, or future expansion that typical stock in the area cannot match. This property best suits an owner-occupier looking for a finished home with room to grow, or an investor seeking a low-maintenance rental with strong land content. The absence of hazard overlays adds to its appeal as a straightforward holding.
The price gap between the recent 2025 sale and the current listing is wide enough that a buyer should question what the renovation actually delivered and whether the market has truly shifted that much in a short period. The historical record showing a 2-bedroom configuration means the current 3-bedroom layout may have been created through internal changes, which could affect how functional those rooms feel in practice. Rental income potential around $445 per week offers a yield worth testing against local demand, but the elevated price point may narrow the pool of buyers who see value here. A buyer should verify the quality of the renovation and compare it to what else is available in the same price bracket before forming a final view.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Coronation Drive, Mount Morgan QLD 4714
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Mount Morgan presents as a mature, high-yield regional market with a stable, older demographic and a significant outright home ownership base. Demand is driven by strong investor appetite for affordable housing, evidenced by exceptional recent capital growth and tight rental vacancy rates. The market demonstrates robust momentum with high sales volumes and rapid turnover, though future growth faces constraints from a low-income economic base and a declining supply of listed stock.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
999m²
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