375 Lakes Creek Rd, Koongal is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom House sold in Koongal in the last 12 months.
Discover an exceptional investment opportunity at this fully redeveloped 339m² property in Koongal, now home to three modern, self-contained one-bedroom units, each designed for low-maintenance living and maximum rental appeal.Each unit features private access, stone-top kitchenettes, air-conditioning, ceiling fans, and contemporary bathrooms, ensuring strong tenant interest and minimal vacancy rates.Unit 1: Sleek open-plan design with modern finishesUnit 2: Separate lounge and kitchen plus built-in wardrobeUnit 3: Private verandah and dedicated storage spaceShared facilities: Laundry, carport, and garagePerfectly positioned just minutes from CQUniversity, Rockhampton Hospital, and local schools, this location attracts a consistent rental market, ideal for students, healthcare workers, or short-stay tenants.With three income streams from one freehold title, this property offers investors a diversified, high-yield opportunity with minimal ongoing maintenance.Tenancies: Unit 1 - End Lease on 7
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 2,076 properties. Over the last 5 years, Houses in Koongal have seen a 123.52% increase in median value, while Units have seen a 114.24% increase. As at 30 April 2026:
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