5/39-41 O'Connell Street, Barney Point, QLD 4680 | Property Value & History | OnTheHouse
OFF MARKET

5/39-41 O'Connell Street
Barney Point QLD 4680

Bedrooms: 6
Bathrooms: 6
Car spaces: 3
Floor area: 68m2
Land area: 915m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Jun 2026
Low

High
Save

Property Details for 5/39-41 O'Connell St, Barney Point

5/39-41 O'Connell St, Barney Point is a 6 bedroom, 6 bathroom Unit with 3 parking spaces and was built in 1993. The property has a land size of 915m2 and floor size of 68m2.

Building Type
Unit
Year Built
1993
Floor Size
68m2
Land Size
915m2
Local Government
Gladstone Regional

Last Listing description (June 2026)

Positioned in a highly convenient location just moments from the beach and Gladstone CBD, this fully renovated complex of three apartments-known as The Quarterdeck Apartments-presents an exceptional opportunity for investors, extended families, or those seeking flexible dual living options.

Currently operating as a successful Airbnb and short-term accommodation business, the property boasts consistent 5-star reviews, repeat clientele, and forward bookings already in place. With multiple income streams and the ability to rent each room individually, this is a proven, high-performing asset ready to generate immediate returns.


Designed with flexibility in mind, each apartment comfortably accommodates up to six guests and can be configured for individual room letting-making it highly attractive to corporate and mining company bookings. Alternatively, the property can easily transition to long-term rentals or suit an owner-occupier looking to live in one and lease the others.

No expense has been spared in the transformation of this property. Each apartment is fully furnished with high-quality inclusions, stylish plantation shutters, custom timber finishes, and modern upgrades throughout. From smart technology and secure access systems to premium fixtures and fittings, every detail has been carefully considered to create a low-maintenance, high-comfort living environment.

Each apartment features two spacious bedrooms, both with private ensuites-a rare and highly sought-after design in the Gladstone market. Reverse cycle air-conditioning and Smart TVs are installed in all bedrooms and living areas, ensuring comfort for both short and long-term occupants.

Adding to the practicality, each unit includes its own private laundry with washing machine, provision for a wall-mounted dryer, and a private rear courtyard with clothesline. Additional large commercial clotheslines are positioned near the carport, ideal for efficient turnover of linen during guest changeovers.

Located directly across from Yaralla Sports Club, guests and residents enjoy immediate access to dining, gym facilities, and entertainment. With close proximity to Gladstone Central, beaches, and the boat ramp, this is a high-demand location continuing to grow in popularity.

At a Glance:
-Lowset solid brick complex built in 1993 on a 915m² block
-Fully renovated complex of 3 units (internal and external upgrades completed)
-Fully furnished throughout - walk-in, walk-out sale
-Premium finishes including plantation shutters - no expense spared
-Each unit offers 2 bedrooms and 2 bathrooms (both ensuited)
-Air-conditioned bedrooms and living areas throughout
-Each unit includes private laundry with washing machine
-Private rear courtyard to each unit complete with clothesline
-Currently operating as Airbnb-style accommodation with strong income potential
-Proven short-term rental with 5-star reviews, repeat clientele & forward bookings
-Flexibility for long-term rental, dual living, or live in one and rent the others
-Fire wall separation between each unit for privacy and compliance
-Ability to individually title and sell separately (STCA)
-Modern kitchens with quality appliances and ample storage
-Open-plan living and dining layouts
-Three undercover car accommodation plus multiple additional parking options
-Three-phase power connected to the rear of the block - ideal for future shed or pool
-Estimated rental appraisal (long-term): $370 - $390 per unit, per week
-Current Airbnb income: approximately $190 - $230 per night, per unit (minimum 2-night stay)
-Council rates: $7,196.62 includes water usage
-Body corporate levies per year: $2,985 per quarter

A rare opportunity offering versatility, strong income potential, and high-end finishes in a prime coastal location.

Contact Donnella for more information or to book your inspection.

Property History for 5/39-41 O'Connell St, Barney Point, QLD 4680

A timeline of how this property has performed in the market
Listed for Rent
$270/w
17 Jan 2022
  • 31 Mar 2026
    Listed for Sale $1,100,000
  • 20 Oct 2022
    Listed for Sale Under Contract
  • 22 Jun 2022
    Listed for Sale $499,000
Sign in to see more transactions
Commute Calculator

About Barney Point 4680

The size of Barney Point is approximately 3.3 square kilometres. There are 6 parks, covering nearly 6.5% of the total area. The population of Barney Point in 2016 was 1093 people. By 2021 the population was 1065 showing a population decline of 2.6% in the area during that time. The predominant age group in Barney Point is 50-59 years. Households in Barney Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barney Point work in a labourer occupation.In 2021, 46.30% of the homes in Barney Point were owner-occupied compared with 47.80% in 2016.

Barney Point has 746 properties. Over the last 5 years, Houses in Barney Point have seen a 92.58% increase in median value, while Units have seen a 118.13% increase. As at 31 May 2026:

  • The median value for Houses in Barney Point is $468,787 while the median value for Units is $351,284.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Barney point on OnTheHouse. According to Cotality's data, 55 properties were sold in the past 12 months in Barney point.

Suburb Insights for Barney Point 4680

Market Insights
Barney Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Barney Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.