Modern home with pool is what $500,000 can buy you in Queensland’s Gladstone: HTW

In Queensland’s Gladstone, half-a-million can fetch you a well appointed, modern home with a pool or shed on an allotment above 800 square metres and located in an established suburb close to all urban amenities, say valuation firm Herron Todd White. 

Their July 2016 residential market report focuses on properties in the sub $500,000 sector.

Properties in the $500,000 to $600,000 price range are thinly traded in the current market, say HTW. 

“Alternatively you could purchase a couple of modern three-bedroom townhouses (roughly $250,000 each) or several older two-bedroom townhouses (sub $100,000 each),” say HTW.

Half a million is also considered near enough for entry-level rural residential property. This market sector has seen some more significant declines in 2015 after having held its value over the past couple of years.

In line with HTW's assessment, Property Observer found a four-bedroom house with a pool at 3 William Street, Gladstone Central, Qld 4680 (above) for $330,000.