61 Snapper Street Kawungan QLD 4655

Central Hervey Bay location | 780sqm established block | Dual living spaces | Strong rental yield potential at $620pw This three-bedroom home on a 780 square metre block offers families and investors dual living flexibility within walking distance of Kawungan State School and established local amenities. The property occupies a central position in a sought-after pocket of Hervey Bay, positioned to capture demand from both owner-occupiers seeking school proximity and investors targeting the rental market. The 780 square metre allotment provides space uncommon in many established suburbs, with particular appeal for households valuing outdoor room and future extension potential. The dual living configuration—separate lounge and dining areas with a second living space off the kitchen—reflects practical design that suits multi-generational families or those working from home, addressing a growing preference in regional markets. The property last transacted in 2016, suggesting a decade-long hold cycle typical of this neighbourhood demographic, which tends toward stability rather than rapid turnover. Current market positioning at approximately 780,000 places it within the mid-range for the Kawungan corridor, while rental yield estimates around 620 per week indicate solid investor returns relative to purchase price. The double garage with rear yard access and generous backyard remain functional attributes that maintain appeal across market cycles, particularly given the established tree cover and fencing already in place. This property type typically attracts first-time buyers entering family housing stages, downsizers seeking land without large maintenance burdens, and portfolio investors seeking reliable rental demographics supported by school catchment proximity. The combination of practical layout, available land, and accessible price positioning suggests the property will maintain steady appeal rather than experience significant appreciation or depreciation within the near term, making it a stabilising holding asset in established suburb conditions.