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Overview
Set within a peaceful and accessible Cranley locale, this house represents an excellent investment opportunity with immediate strong rental yield.
The property occupies a generously sized 569 square metre block, featuring a practical floorplan currently optimized for shared accommodation. The four bedrooms, notably with three offering private ensuites, address a high tenant demand for privacy within shared living arrangements, supporting premium rental income potential.
The home generates a consistent annual rental revenue of approximately $46,560, making it an appealing proposition for investors seeking secure cash flow. Most furniture is included in the sale, easing transition and reducing additional expenditure.
Inside, the residence boasts a bright, open-plan living and dining configuration complemented by a contemporary kitchen. Functionality is further enhanced by an additional separate toilet catering to communal areas, supporting ease of use for multiple occupants. Outdoor living is supported by a dedicated entertaining space that increases the home's usability and tenant satisfaction.
- Four bedrooms, three with private ensuites
- Open-plan living and dining
- Modern kitchen fitted for convenience
- Separate toilet to complement bathrooms
- Double bay garage providing secure parking
- Outdoor entertaining area facilitating social interaction
- Rainwater tank and fully fenced yard for practicality and privacy
This low-maintenance, investor-friendly home is situated close to local shops, schools, and public transport options, with the Toowoomba CBD only minutes away by car, underlining its appeal for reliable tenancy and potential capital growth.
Local Market Insights
In Cranley, Quiet Listings observed 176 new houses entering the market over the last 30 days, up from 152 during the previous 30-day period, with an average advertised asking price of $932,090. The property type mix of listed properties is predominantly Houses at 75%, followed by units (11%), and land (5%). The most active agency for houses in the Cranley area is currently Remax, representing 19% of new listings, followed by Ray White with 15%. 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.