86 Walker Street, Walkervale QLD 4670
86 Walker Street, Walkervale QLD 4670
Restored 1940 Queenslander|947sqm corner block|4-bed, 2-bath, 3-car|Under-house workshop & parking|Established gardens
Restored 1940 Queenslander on a generous 947sqm corner block. Four bedrooms, two bathrooms, three car spaces and a wide under-house footprint for parking, workshop and extra toilet. The 128sqm layout is compact, but the renovation balances character with modern practicality. Walkervale is established, close to schools, shopping and the Bundaberg CBD, so it suits families and commuters. The corner block adds light and access, while the fenced established gardens give a private feel. This house serves buyers wanting character, a big block, covered parking for a boat or camper, and room for hobbies.
The 1940 build may require ongoing timber and roof care, despite restoration. The corner block adds light and access, but may bring street noise on two sides. Under-house parking and workshop are strong, though the floor level might merit a drainage check. The extra bathroom downstairs might suit a home business. These factors may shape the final price.
>> Comparable Sales: 32B Walker Street sold for $410,000 | Property Price Band: $600,000-$700,000 | Value Drivers: Restoration quality, 947sqm corner block, under-house parking/workshop
Detailed Independent Property Report prepared by PropCred Analyst team for 86 Walker Street, Walkervale QLD 4670
Checks found:
Value Risk
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1
Liquidity Risk
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1
Planning Risk
✕
2
Income Risk
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2
Execution Risk
✓
Market Insight
Bundaberg’s house market is characterised by severe supply-demand imbalance. Median house prices hover between $570,250 and $582,500, yet annual growth has run at 21.5–26.1%, with homes selling in 9–15 days. The 5.61% gross rental yield and $550 weekly median rent underpin investor appeal, while over 171,000 monthly searches for postcode 4670 signal deep buyer interest. Annual sales volume is thin at 70–79 houses, reinforcing scarcity. Future growth will hinge on whether listings can catch up with sustained enquiry; the primary constraint is insufficient stock, not affordability at current yields. Buyer composition is skewed toward investors seeking yield and owner-occupiers chasing quick turnover.