16 Laburnum Street, Cranbrook QLD 4814
5 beds
2 baths
2 cars
Spachus Insights
View Cranbrook market
Price position
Above suburb median
6.5% above the current suburb median listing price.
Buyer negotiation signal
Competitive conditions
The suburb median sold price is $20,000 above the median listing price.
Selling pace
Slower than typical
23 days typical · Property listed 118 days (413% longer).
Property details
High-Yield Rooming Accommodation Investment Returning $1,180 Per Week
Positioned on a corner allotment in the heart of Cranbrook, this fully furnished rooming accommodation property presents an opportunity for investors seeking strong cash flow from day one.
5Bedrooms
2Bathrooms
2Car spaces
HouseProperty type
673 m²Land
Cranbrook market
Full suburb reportMedian listing$620,000
Median sold$640,000
Typical selling time23 days
Tracked sold properties64
Spachus Property Estimate
$715,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$55,000
7.7% below the Spachus estimate
Property Overview
16 Laburnum Street, Cranbrook QLD 4814 is a house. It has 5 bedrooms, 2 bathrooms and 2 car spaces. It is currently listed at $660,000. It has been on the market for 118 days. In Cranbrook, the median listing price is $620,000 and the median sold price is $640,000. Its current asking price is $40,000 (6.5%) above the Cranbrook median listing price. Properties in Cranbrook typically sell in around 23 days based on Spachus tracked sales data. It has currently been on the market 95 days longer than the Cranbrook typical selling time.
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