Queensland

3 bed, 1 bath, 2 car, 700 m², House
Local area · ABS 2021
Families · 5,563 pop · Owners
- Purchase price
- $530,000
- Current value
- $590,000
- Capital growth
- 11.32%
- Cash on cash
- 70.59%
Purchased in 2025, this 3 bedroom, 1 bathroom home in QLD was secured for $530,000, offering solid value in one of Queensland's Wide Bay region's most accessible and established regional cities.
Currently achieving $575 per week in rent, the property delivers a gross rental yield of 5.64%, underpinned by steady tenant demand and a constrained rental market across the region.
Set on a 700m² block with close access to schools, shops, parks, and essential services, the property benefits from a diverse regional economy spanning agriculture, healthcare, and tourism, supporting a stable long-term tenant pool drawn to the area's affordability and lifestyle.
Value growth
July 2025–May 2026
Equity gained
+$60,000
Purchase breakdown
- Date purchased
- July 2025
- Date of value
- May 2026
- Stamp duty
- $19,100
- Deposit
- $63,600
- Solicitor cost
- $2,000
- Pest and build
- $700
Returns
- Equity gained
- +$60,000
- Capital growth
- 11.32%
- Cash on cash return
- 70.59%
- Weekly rent
- $575
- Equity growth
- 60000%
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