7 Cabbage Tree Road, Andergrove QLD 4740
7 Cabbage Tree Road, Andergrove QLD 4740
Large 780m² block | 4-car capacity | owner-occupied street | school catchments nearby | 12-day sales pace
This house is defined by a 780-square-metre block and four-car capacity, a combination rarely seen in standard three-bedroom stock. The land size is regarded as a genuine competitive edge in Andergrove, where most family houses are built on tighter parcels. The property is positioned on an owner-occupied street, with 85 percent of neighbouring homes lived in by owners, which is considered a stabilising factor for street character and resale demand. The school catchments are used as a key buying trigger by local families. The strongest fit is a family wanting room for vehicles, a boat, or a large shed, or an investor drawn by the fast sales pace.
The land may be outweighed by condition and presentation, depending on the existing finishes. The comparison with renovated stock might be affected by the internal layout and parking arrangement. Perceived comfort could be influenced by aspect and orientation. Whether the block offers subdivision potential or simply extra yard should be weighed carefully, along with how that is priced.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Cabbage Tree Road, Andergrove QLD 4740
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Andergrove, in the Mackay region, is a family-dominated suburb attracting lifestyle buyers and investors from Brisbane, Sydney and Melbourne, plus local first-home buyers. The median house price is $643,000 after annual growth of about 21%, with houses selling in a median 11 days across 208 sales in the past year. Weekly rents average $680, but house yields near 3.3% sit below the Queensland average of 4%. Mining, resources, agriculture and state infrastructure spending underpin the economy, and the 2032 Brisbane Olympics is expected to add activity. Tight supply and interstate migration support demand; low inventory intensifies competition, and growth is forecast to moderate to 3-5% for houses and 2-4% for units.
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PropCred Estimated Value
Comparable Sales: 26 Cabbage Tree Road, $631,000 | Property Price Band: $600K to $700K | Value Drivers: land size, condition, parking configuration
Bedrooms
3
Bathroom
1
Parking
4
Land
780m²
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