9 Fay Street, Blackwater QLD 4717
9 Fay Street, Blackwater QLD 4717
This is a 3-bedroom, 1-bathroom house on 708 square metres, built in 1975. It has a 3-car garage, which is notably generous for a single-level home in this area. The internal area is approximately 95 square metres, a standard size for the era. The property sits in an established residential street in Blackwater, with consistent block sizes and no hazard overlays.
What is competitively strong here is the parking capacity. A 3-car garage is rare for a house of this configuration and age, giving it an edge over typical stock in the street which usually offers single car spaces. The property is positioned in a straightforward, low-risk location with reliable school catchments and full fibre connectivity. It serves best an entry-level family or an investor looking for solid rental demand, with a potential yield around 7.9% based on estimated rent. The land size is consistent with neighbours, so there is no surprise there, but the extra garage space is a genuine differentiator that adds practical value.
What might materially affect the value is the price gap between the current listing and a recent sale of a nearly identical house on the same street. That sale was significantly lower, which may indicate the market has not yet adjusted to this price point, or that this property has upgrades not yet detailed. The age of the build means finishes could be original, and without specifics on kitchen or flooring condition, a buyer should factor in potential renovation costs. The single-level layout limits separation, which may not suit all buyers, but it also avoids stairs, appealing to older demographics. These factors should be weighed carefully when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Fay Street, Blackwater QLD 4717
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Blackwater presents a compelling regional investment case, driven by significant affordability advantages and lifestyle migration trends that are currently outperforming capital cities. Demand is particularly strong in the first-home buyer segment, with competition fueled by persistently low inventory levels. The market has experienced exceptional recent growth, with houses transacting swiftly, indicating robust underlying demand. Future performance, however, may become more uneven as affordability constraints and potential interest rate increases introduce headwinds against the ongoing structural support of limited housing supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
708m²
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