316 Shiel St, Koongal is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 663m2. While the property is not currently for sale or for rent, it was last sold in October 2002.
Not everything worth having hits the open market and this ones proof.
Tucked away in Koongal, this charming cottage-style, weatherboard home delivers the kind of easy, reliable investment buyers are constantly chasing. With its warm street appeal, functional layout and low-maintenance footprint, its the perfect set-and-forget addition to the portfolio or a smart entry into the market.
Inside, youll find a light and airy living space, complemented by polished timber floors and a practical kitchen that keeps things simple and efficient. The bedrooms are well-sized, while the bathroom is neat and serviceable, ready to go from day one.
Step outside and the value continues, with a generous yard and a covered outdoor area offering added lifestyle appeal for tenants, meaning stronger retention and ongoing demand.
Let's talk about investment:
CURRENT RENT: $470.00 per week
CURRENT LEASE UNTIL: 23/07/2026
CURRENT RENT APPRAISAL: $480-00-$500.00
Why it works:
Off-market opportunity limited competition
Cottage-style charm with strong rental appeal
Polished timber floors and light-filled interiors
Functional kitchen and practical layout
Well-sized bedrooms
Fully air-conditioned throughout.
Covered outdoor entertaining area
Spacious yard with plenty of usable space
Ideal for investors or first-home buyers
Positions like this dont stay quiet for long, especially when theyre this accessible.
The size of Koongal is approximately 4.4 square kilometres. There are 8 parks, covering nearly 16.8% of the total area. The population of Koongal in 2016 was 4286 people. By 2021 the population was 4252 showing a population decline of 0.8% in the area during that time. The predominant age group in Koongal is 30-39 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation.In 2021, 61.10% of the homes in Koongal were owner-occupied compared with 59.80% in 2016.
Koongal has 2,077 properties. Over the last 5 years, Houses in Koongal have seen a 124.08% increase in median value, while Units have seen a 120.34% increase. As at 31 May 2026:
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