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Overview
Situated on a well-sized 569sqm block in the serene suburb of Cranley, this property is a thoughtfully designed investment opportunity well-suited for those seeking reliable rental income with minimal hassle. The residence currently operates as a share house, maximising income potential through its layout which includes four bedrooms, three of which boast private ensuites – a prized feature enhancing tenant comfort and appeal.
The open-plan living and dining area, illuminated by natural light, creates an inviting communal space, complemented by a modern kitchen and a separate additional toilet to accommodate shared living. Outside, the functional outdoor entertaining area enhances the livability of the home, fostering social and recreational activities.
- Four bedrooms, three with ensuites, ideal for high-demand shared accommodation
- Double bay garage offering secure, remote parking
- Includes built-in robes, split system air conditioning, and dishwasher for convenience
- Fully fenced block with rainwater tank ensuring privacy and utility
- Turnkey investment with most furniture included (excluding beds)
Generating approximately $46,560 annually, this property demonstrates strong and consistent rental returns, supported by low maintenance costs and favourable local amenities. Its location provides convenient access to shops, schools, public transport, and a short drive to Toowoomba CBD, enhancing its appeal for tenants and future capital growth.
This property is especially appealing to investors looking for a low-maintenance, high-yield rental asset with established tenant demand for ensuite-style accommodations.
Local Market Insights
In Cranley, Quiet Listings observed 176 new houses entering the market over the last 30 days, up from 147 during the previous 30-day period, with an average advertised asking price of $937,033. The property type mix of listed properties is predominantly Houses at 76%, followed by units (11%), and land (4%). The most active agency for houses in the Cranley area is currently Remax, representing 19% of new listings, followed by Ray White with 16%. 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 Cranley QLD 4350
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