20 Reservoir Street, GracemereQLD 4702

House · 3 bed · 1 bath · 1 car · 832 m²

Offers Over $439,000

Listing detail

20 Reservoir Street, Gracemere — photo 1 of 5
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20 Reservoir Street, Gracemere

Listing data updated 27 July 2026

3 bed1 bath1 car832 m² land

Nestled on a generous 832m² allotment, this charming Queenslander offers the perfect blend of timeless character, practical living and exciting future potential. Rich in history and built to last, this is the kind of home that continues to stand the test of time while offering plenty of opportunity for its next owners to make it their own. A traditional front verandah welcomes you into the home, where classic Queenslander features and a practical floorplan provide the foundation for comfortable everyday living. Offering well-sized bedrooms plus a large sleepout, the home provides flexibility for growing families, guests or a home office. The functional kitchen adjoins the dining area, creating a practical layout for everyday living, while the bathroom features a beautiful claw-foot bathtub that adds to the home's timeless appeal. Underneath the home offers an abundance of storage space, while the generous backyard provides plenty of room for children and pets to play. Set on an expansive 832m² block, there is ample space to add a large shed, swimming pool or further improvements to truly make the property your own. Conveniently positioned just minutes from Gracemere Shopping Centre, local schools and everyday amenities, this property presents an outstanding opportunity for first home buyers, renovators or investors looking to secure a character-filled home with endless potential. Property Features: - Charming Queenslander filled with character - Spacious living room filled with natural light from skylight - Functional kitchen and adjoining dining area - Bathroom with two showers and a claw-foot bathtub - Separate toilet -Traditional front verandah - Ample storage underneath the home - Partially fenced 832m² allotment - Plenty of room for a shed or future improvements Location Highlights (Approx.): 3 minutes to Gracemere Shopping Centre 3 minutes to Gracemere State School 4 minutes to St Paul's Catholic Primary School 10 minutes to Rockhampton CBD Close to local parks, sporting facilities and public transport This is a wonderful opportunity to secure a character home on a sizeable block in one of Gracemere's most convenient locations. Whether you're looking to move straight in, renovate over time or invest in a home with genuine potential, this property is well worth your inspection.

RealistIQ deal score

Strong value signal

91

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 20 Reservoir Street, Gracemere before you inspect or make an offer.

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Estimate vs market price guide

Market price guide is 20%+ below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $557,000 - $934,000Wider ranges mean more uncertainty.
RealistIQ estimate$745,000
Market price guide$439,000
$557,000$934,000

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Property features

Features detected from the listing details.

Comfort

Bath

Outdoor & building

Swimming poolFully fencedGarden / courtyardBalcony / deckShed

Lifestyle & views

Study

Listing details

Status
Offers Over $439,000

Agent and agency

Contact

Flynn Phelan

Agency

McGrath Rockhampton

External listing
larger landrenovated

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