61 Marquis St, Gunnedah is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 625m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
Positioned in a sought-after location, this property presents an outstanding opportunity for investors, developers, or those looking to secure a site with strong future potential. Zoned R3 Medium Density Residential, the possibilities here are extensive.
Zoned R3 Medium Density Residential - Residential uses permissible, dual occupancies, secondary dwellings, multi-dwelling housing, residential flat buildings, seniors housing, and group homesmaking this an ideal addition to any portfolio or development pipeline.
The existing dwelling is a character-filled home offering four bedrooms and one bathroom, with a functional kitchen featuring an electric oven, rangehood, and dishwasher. With an estimated rental return of approximately $400 per week, the property provides immediate holding income while future plans are considered.
Set on a generous 624m block, the home showcases original features, high ceilings, and a traditional layout, with scope for renovation, redevelopment, or complete transformation.
Key Features:
R3 Medium Density Residential zoning
624m block with development potential (STCA)
4-bedroom, 1-bathroom existing home
Functional kitchen with electric appliances & dishwasher
Estimated rental return of $400 per week
Ideal for investors, developers, or renovators
This is a rare opportunity to secure a versatile property with both immediate income and long-term upside. Be sure to check out the virtual tour to explore the property in more detail. Contact Olivia or Lilly today to arrange your private inspection.
The size of Gunnedah is approximately 519.0 square kilometres. There are 36 parks, covering nearly 7.1% of the total area. The population of Gunnedah in 2016 was 9726 people. By 2021 the population was 10359 showing a population growth of 6.5% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation.In 2021, 65.40% of the homes in Gunnedah were owner-occupied compared with 63.00% in 2016.
Gunnedah has 5,913 properties. Over the last 5 years, Houses in Gunnedah have seen a 76.92% increase in median value, while Units have seen a 86.06% increase. As at 31 July 2026:
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