96 Maple Drive, Andergrove QLD 4740
96 Maple Drive, Andergrove QLD 4740
Corner-block flexibility | Updated kitchen and bathroom | Strong tenant in place | 3-bed layout with 4-car capacity | Established family pocket
This house competes on practicality rather than size. The corner position gives dual access, which is rare for a 3-bedroom home and supports the generous car accommodation—front carport, internal garage, and rear shed. The updated kitchen and bathroom lift it above older stock in the area, and the current long-term tenant signals steady rental demand. It suits a family wanting move-in condition with room for vehicles, or an investor seeking a low-maintenance holding in a settled suburb.
Value may hinge on the modest 3/1 configuration compared to larger nearby houses, and whether the corner block’s flexibility offsets that. The flood overlay noted on some street properties might be worth confirming for this site, though no specific issue appears here. The lease running to mid-December could delay owner-occupier entry, but it also provides immediate income. Land size and parking depth are the main levers if renovation or future subdivision is considered.
|| Comparable Sales: 49 Maple Drive sold at $600,000; 39 Maple Drive sold December 2024 | Property Price Band: $600,000–$700,000 | Value Drivers: Corner-block access, updated interiors, parking and storage capacity
Detailed Independent Property Report prepared by PropCred Analyst team for 96 Maple Drive, Andergrove QLD 4740
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Andergrove, in the Mackay region, is a family-dominated suburb attracting lifestyle buyers and investors from Brisbane, Sydney and Melbourne, plus local first-home buyers. The median house price is $643,000 after annual growth of about 21%, with houses selling in a median 11 days across 208 sales in the past year. Weekly rents average $680, but house yields near 3.3% sit below the Queensland average of 4%. Mining, resources, agriculture and state infrastructure spending underpin the economy, and the 2032 Brisbane Olympics is expected to add activity. Tight supply and interstate migration support demand; low inventory intensifies competition, and growth is forecast to moderate to 3-5% for houses and 2-4% for units.
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PropCred Estimated Value
Comparable Sales: 49 Maple Drive sold at $600,000; 39 Maple Drive sold December 2024 | Property Price Band: $600,000–$700,000 | Value Drivers: Corner-block access, updated interiors, parking and storage capacity
Bedrooms
3
Bathroom
1
Parking
4
Land
722m²
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