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20 Reservoir Street, Gracemere$439,000
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20 Reservoir Street

Gracemere, QLD 4702, Australia
$439,000
3 bed 1 bath 1 car832 m²

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About this property

Nestled on a generous 832m² allotment, this charming Queenslander offers the perfect blend of timeless character, practical living and exciting future potential. Rich in history and built to last, this is the kind of home that continues to stand the test of time while offering plenty of opportunity for its next owners to make it their own. A traditional front verandah welcomes you into the home, where classic Queenslander features and a practical floorplan provide the foundation for comfortable everyday living. Offering well-sized bedrooms plus a large sleepout, the home provides flexibility for growing families, guests or a home office. The functional kitchen adjoins the dining area, creating a practical layout for everyday living, while the bathroom features a beautiful claw-foot bathtub that adds to the home's timeless appeal. Underneath the home offers an abundance of storage space, while the generous backyard provides plenty of room for children and pets to play. Set on an expansive 832m² block, there is ample space to add a large shed, swimming pool or further improvements to truly make the property your own. Conveniently positioned just minutes from Gracemere Shopping Centre, local schools and everyday amenities, this property presents an outstanding opportunity for first home buyers, renovators or investors looking to secure a character-filled home with endless potential. Property Features: - Charming Queenslander filled with character - Spacious living room filled with natural light from skylight - Functional kitchen and adjoining dining area - Bathroom with two showers and a claw-foot bathtub - Separate toilet -Traditional front verandah - Ample storage underneath the home - Partially fenced 832m² allotment - Plenty of room for a shed or future improvements Location Highlights (Approx.): 3 minutes to Gracemere Shopping Centre 3 minutes to Gracemere State School 4 minutes to St Paul's Catholic Primary School 10 minutes to Rockhampton CBD Close to local parks, sporting facilities and public transport This is a wonderful opportunity to secure a character home on a sizeable block in one of Gracemere's most convenient locations. Whether you're looking to move straight in, renovate over time or invest in a home with genuine potential, this property is well worth your inspection.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
832 m²
Listed
Yesterday

Repayment calculator

$2,128/month
$1,064 /fortnight
Loan $351,200 at 6.10% over 30 years

Upfront costs

Deposit$87,800
Stamp duty$13,790
Conveyancing (est.)$2,000
Total upfront$103,590
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Gracemere

This 3-bedroom house in Gracemere, QLD 4702 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $689,000 median of 65 comparable houseswithin 5 km.

Schools near Gracemere

  • Gracemere State Schoolprimary · Prep-6 · CoEd
  • St Paul's Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Waraburra State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)1.2 km away
  • Doggie Fashion Grooming Salon1.0 km away
  • Johnson Park181 m away
  • Unnamed543 m away
  • Rememberance Park916 m away

Gracemere at a glance

Full suburb profile
Population
12,023
Median age
32
Household income
$1,711/wk
Median rent
$340/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Gracemere price trend

Median sold · House 3 bed

Compound growth +18.8% / yr over 4 yrs

$595kcurrent median

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1 price change recorded for this property

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