44 Paterson Road, Walloon, QLD 4306 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $899,000

44 Paterson Road
Walloon QLD 4306

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 209m2
Land area: 448m2
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DUAL INCOME, ONE TITLE – HIGH YIELD OPPORTUNITY!

This immaculately presented dual key residence is the perfect solution for two generations of family that want to live together but still have their own privacy. You can share the mortgage, which would be super affordable for two families, and one generation can live in the three bedroom, two bathroom side and the second generation can live in the one bedroom, one bathroom side of the residence. It is effectively two homes joined together but on only one title, so there is only one lot of rates that the family unit can share.
Alternatively, for those looking to downsize from their current larger family home to something smaller you could live in one side and then rent out the other side for additional income. This option would not only provide the peace of mind of ongoing income but it would also provide security for the home if you were away on extended holidays.
Apart from offering a total of four bedrooms, three with built-in robes and one with a walk-in robe, three bathrooms, there is also two designer look kitchens unit one complete with a dishwasher, two separate remote controlled garages and private fully fenced yards that allow you to have secure space for children to play or pets to run.
This stunning dual key property is super low maintenance with brick construction, colorbond roofing, security screens throughout, tiled halls and living areas as well as four split system reverse cycle air conditioning for year round comfort.
It just doesn't get any better than this! You don't have to go through the frustration of designing and building them. You can either just move in at the end of the tenancies to start enjoying all these benefits or you buy them today and have the current amazing tenants pay off this amazing investment home for you!
Unit 1 is currently tenanted for $500 per week until 17/11/2026 and Unit 2 is currently tenanted for $100 per week until 30/09/2026. You can give the tenant the required notice at the end of their tenancy and enjoy all the benefits this unit has for yourself. Those with elderly parents or teenage children you can move into one side and have family close by residing in the unit next to you. Both units are further enhanced with solar power, helping reduce ongoing power costs.
For investors, both units have received an updated rental appraisal returning an amazing combined $900 per week!
Unit 1: $520 per week
Unit 2: $380 per week
Ipswich City Council Rates: $624 per quarter (subject to change)
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Property Details for 44 Paterson Rd, Walloon

44 Paterson Rd, Walloon is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 448m2 and floor size of 209m2. The place is currently for sale with NGU Real Estate.

Building Type
House
Year Built
2018
Floor Size
209m2
Land Size
448m2
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About Walloon 4306

The size of Walloon is approximately 18.4 square kilometres. There are 5 parks, covering nearly 5.5% of the total area. The population of Walloon in 2016 was 1588 people. By 2021 the population was 2305 showing a population growth of 45.2% in the area during that time. The predominant age group in Walloon is 0-9 years. Households in Walloon are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Walloon work in a trades occupation.In 2021, 69.10% of the homes in Walloon were owner-occupied compared with 85.40% in 2016.

Walloon has 1,677 properties. Over the last 5 years, Houses in Walloon have seen a 125.27% increase in median value, while Units have seen a 193.69% increase. As at 30 April 2026:

  • The median value for Houses in Walloon is $978,789 while the median value for Units is $939,831.
  • Houses have a median rent of $610 while Units have a median rent of $360.
There are currently 69 properties listed for sale, and 2 properties listed for rent in Walloon on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Walloon.

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Steve Athanates
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Darren Cooke
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NGU Real Estate
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