89 Alice Street, Cloncurry QLD 4824
89 Alice Street, Cloncurry QLD 4824
Large 1-acre block | 1925-built home | inconsistent floor-area records | strong price uplift since 2020
The propertyโs primary competitive strength is its substantial landholdingโone full acre in a regional townshipโwhich is uncommon for a standard residential listing and offers genuine repositioning potential for a buyer willing to look past the dwellingโs age. The older two-bedroom house, while modest in size, sits on a parcel that could support subdivision, additional building, or simply provide generous outdoor space in a market where large blocks are increasingly scarce. This configuration is best suited to buyers seeking land value as the core purchase rationale, particularly those with renovation experience or a longer-term view on Cloncurryโs growth.
The main risk here is the significant gap between the automated value estimate and the current asking price, which suggests the sellerโs expectations are ambitious relative to the dwellingโs condition and internal size. The 1925 build date and inconsistent floor-area figures across sources mean a thorough building inspection is non-negotiable, especially for structural, roof, plumbing, and termite condition. However, the large block and absence of detected overlay constraints create a genuine opportunity for a buyer who can negotiate firmly, as the land itself offers flexibility that a standard house on a smaller lot does not.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 89 Alice Street, Cloncurry QLD 4824
Market Insight:
Cloncurry presents as an affordable regional market with a family-oriented demographic, attracting both owner-occupiers and investors. Demand is driven by investors seeking high rental yields and capital growth, supported by a tight rental market and strong recent price appreciation. The market has demonstrated robust activity, though its sensitivity to broader economic conditions and limited stock present key considerations for future performance.