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Address

14 William Street, Kingaroy QLD 4610

Investment Strategy

Positive Cashflow/High Yield

Development Timeline

03/01/2023
Property Purchased
$260,000
03/11/2023
Advertised For Rent
$450pw

About the Property

Fantastic Family Home

This charming 3-bedroom home offers a perfect blend of modern functionality and classic charm. It features the following:

Spacious bedrooms: Master with walk-in robe and air conditioning, 2 additional bedrooms with ceiling fans.

Comfortable living spaces: Large air-conditioned lounge room with polished timber floors, versatile sitting/office area, and a fully-renovated bathroom.

Functional kitchen: Large eat-in kitchen with dishwasher and rainwater tap.
Outdoor living: Large fenced yard with 2 lock-up garages, open shed, and a back patio area.

Modern conveniences: Air conditioning, ceiling fans, dishwasher, rainwater tap, and more.

Prime location: Close proximity to town, pool, and Kingaroy State School.
This fantastic family home offers everything you need for a comfortable and enjoyable lifestyle.

From the homely.com.au listing

Investment Stats

2023

Year of Purchase

17.6

Suburb Growth

9

Gross Yield

About the Suburb

Kingaroy, nestled in the heart of Queensland’s South Burnett region, offers a vibrant and welcoming community for residents of all ages. With a population of 10,266, Kingaroy boasts a strong sense of community spirit and a diverse range of amenities.

Affordable Living and a Strong Rental Market:

Kingaroy presents an attractive option for budget-conscious buyers and investors alike. The median house price of $365,000 makes homeownership attainable for many, and the 41% IQR (interquartile range) percentage median indicates a stable and growing market. The low vacancy rate of 0.5% and impressive rental yield of 6.3% further solidify Kingaroy’s appeal for investors seeking a strong return on their investment.

Family-Friendly Atmosphere:

Kingaroy is a haven for families, offering a safe and nurturing environment. The town boasts an array of parks and playgrounds, providing ample opportunities for children to enjoy outdoor activities and connect with nature.

Growing Community and Promising Future:

Kingaroy is a dynamic suburb experiencing consistent growth. With a 17.6% suburb growth rate, Kingaroy is poised for continued development and expansion. This upward trajectory promises an even more vibrant and dynamic living environment in the years to come.

Key Features:

  • Affordable housing options
  • Strong rental market with a low vacancy rate
  • Family-friendly atmosphere with quality schools and parks
  • Diverse amenities catering to various needs
  • Promising growth potential

Kingaroy offers a unique blend of affordability, family-friendly atmosphere, and exciting growth prospects. Whether you’re seeking a place to raise a family, invest in your future, or simply enjoy a peaceful lifestyle, Kingaroy presents a compelling choice. With its abundance of amenities, thriving community, and promising future, Kingaroy is a regional hub poised for continued success.

Suburb Median
Vacancy Rate
Suburb Yield

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