85 Old Gin Gin Road, Oakwood QLD 4670
85 Old Gin Gin Road, Oakwood QLD 4670
Renovated acreage on town fringe | 3-bedroom with workshop versatility | Solar and water tank reduce holding cost | Bushfire overlay requires due diligence
This property offers a rare combination of a freshly renovated home on a full acre within the Bundaberg Council area, where land parcels of this size seldom appear with contemporary interiors already completed. The 6kW solar system and water tank lower ongoing outgoings, while the large shed with additional workshop space gives the house a functional edge for buyers needing storage, a home business, or hobby area. The open plan living and outdoor flow suit families who want modern comfort without sacrificing space. The asking price reflects the upgrades and land, though it sits above automated estimates, meaning the buyer must be confident the renovation quality and block justify the premium.
The bushfire overlay is the primary risk, and it may affect insurance premiums or future development options, so a full council check and insurer quote are recommended before proceeding. Rental estimates suggest the property could yield around $610 per week, offering a reasonable buffer if circumstances change. For an owner-occupier, this is a hold-and-enjoy proposition: the land and improvements give lifestyle value that is hard to replicate closer to town, and the solar and water infrastructure keep running costs low over time.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 85 Old Gin Gin Road, Oakwood QLD 4670
Market Insight:
Oakwood occupies a semi-rural position along the BundabergโGin Gin Road, offering straightforward access to the Bundaberg CBD and Bruce Highway. Demand is driven by families, retirees, and buyers seeking affordability alongside generous land size, with rental opportunities attracting long-term tenants who value the lifestyle. Price data reflects a wide range, indicating limited market liquidity; only a single house sale was recorded in the preceding twelve months. Gross rental yields are elevated, supported by strong buyer demand against constrained supply. Future growth drivers include positive demographic trends and the suburbโs appeal as a quieter home base for those working in Bundaberg. Key risks centre on low sales volume and limited rental availability compared to inner suburbs.