9/27-29 James Street, Kingaroy QLD 4610

9/27-29 James Street, Kingaroy QLD 4610
Standalone villa in pet-friendly complex | 85% owner-occupied, strong privacy | 184sqm land, 216sqm floorplan | Walk to CBD and both state schools The unitโ€™s standalone configuration with no direct neighbour on one side is rare in a multi-unit complex and gives it a semi-detached feel that typically commands a premium over standard apartments. The 85% owner-occupier ratio signals a stable, well-cared-for complex where rental restrictions are less likely to shift against investors. At 184sqm of land and 216sqm of floor space, this is materially larger than most two-bedroom units in Kingaroy, and the pet-friendly policy widens the tenant pool , a practical edge in a town where 34% of residents are aged 20-39 and many rent with pets. The property suits an investor seeking a low-management holding with a sitting tenant at $375/week through July 2026, or an owner-occupier wanting a lock-and-leave near schools and parkland. The main risk is that the $380,000 list price sits above the local median of $318,500 for two-bedroom units, meaning the buyer pays for the size and privacy premium upfront, and resale may take longer if the market softens. The 5.1% gross yield is acceptable but not exceptional for regional Queensland, and the tenantโ€™s departure in July 2026 creates a vacancy window that will cost roughly $4,500 in lost rent if refilled within 12 weeks. The separate toilet and built-in wardrobes are standard, not differentiators. Hold this property for the land content and the complex quality, not for capital growth , it works as a steady income strip with a patient exit.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9/27-29 James Street, Kingaroy QLD 4610
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Market Insight:

Kingaroy presents a high-growth regional market, with house prices surging 19.6-24.7% annually to a median of $550,000. Demand is driven by a working-age demographic, with most residents earning $78k-$130k as labourers, and supported by low stock levels at 2.9%. Strong rental yields of 5.45% for houses and 6.13% for units attract investors, though affordability is a key risk with local incomes 17.5% below the regional average.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

184mยฒ

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