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Overview
This substantial property at 3 Maxwell Drive offers a unique and compelling investment opportunity in Deeragun. Set on a massive 4,953 square metre block, the site gives plenty of scope for outdoor activities or future development, perfectly suited for those seeking extensive land alongside a traditional family home.
The home currently accommodates three bedrooms, a single bathroom, and a generous double garage, maintaining a practical balance of indoor comforts and ample off-street parking. While the building footprint details are not specified, the home benefits from spacious undercover storage and a large outdoor patio area, fostering an ideal environment for outdoor entertaining or relaxing in the open air.
Of particular interest to investors, the property already enjoys long-term tenants, offering strong rental returns at $570 per week, underscoring its desirability in the rental market. This tenancy also stands as a reassuring feature for potential buyers prioritising steady income streams and tenancy stability.
Potential buyers should be aware the property is offered without a firm price guide and may be auctioned or marketed by private treaty. The asking price is indicated broadly in the mid $700,000’s range, reflecting its considerable land size and location appeal.
3 Maxwell Drive will attract investors looking for a sizable landholding with income, as well as families or downsizers who want spacious grounds in a suburban setting. The large block lends itself well to those who appreciate space and versatility, whether for hobby farming, gardening, or possible future subdivision opportunities (subject to council approval).
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Local Market Insights
In Deeragun, Quiet Listings observed 57 new houses entering the market over the last 30 days, up from 41 during the previous 30-day period, with an average advertised asking price of $836,298. The property type mix of listed properties is predominantly Houses at 94%, followed by land (2%), and others (2%). The most active agency for houses in the Deeragun area is currently Ray White, representing 49% of new listings, followed by Belle Property with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Deeragun QLD 4818
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