106 Caddy Avenue, Urraween, Qld 4655
Price Guide: $750,000 - $780,000
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Open Saturday 24 October 11:35 amOriginally utilized for timber harvesting and later sugar cane farming, Urraween transitioned into a residential hub in the late 20th century. The establishment of the Hervey Bay Hospital in the 1990s catalyzed its development as the region's primary service precinct.
A diverse mix of modern family estates, retirement villages, and a critical medical precinct, serving as a central hub for the Fraser Coast.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Urraween is the primary growth corridor for Hervey Bay's professional class. Its proximity to the region's largest employers makes it a defensive asset during economic downturns.
$620k – $950k
$410k – $550k
12-month movement
Current asking rents
Prices have stabilized following the post-2020 boom, now reflecting sustainable growth linked to local wage increases in the health sector.
Price comparison
Median price ÷ median income
Estimated rental yield
While affordable compared to capital cities, Urraween is a premium suburb within the Fraser Coast market, requiring a higher-than-average local deposit.
Lower = tighter market
Avg time on market
Annual rental increase
Medical professionals, hospital staff, and young families.
Excellent. The constant rotation of medical residents and nursing staff ensures a perpetual pool of high-quality tenants.
Expected to outperform the broader regional market as the medical precinct matures into a major tertiary health center.
vs last 12 months
Relative comparison
Check specific street-level data near the hospital where opportunistic vehicle theft is more common.
Low natural disaster risk compared to low-lying coastal suburbs, but insurance and drainage remain key considerations.
Low risk of riverine flooding; however, localized overland flow during tropical lows can affect specific streets.
Moderate risk on the western fringe where residential lots interface with bushland.
Premiums are rising across the 4655 postcode; buyers should obtain quotes during the cooling-off period.
Bushfire Hazard, Airport Environs (Oakey/Hervey Bay Airport path).
Infill development around the medical precinct and new estates toward the western boundary.
Zoning protects the family character of the suburb while allowing for essential medical service expansion.
Primarily car-based; bus routes connect to Stockland and the Esplanade.
High; proximity to major shopping, cinemas, and professional services.
Good access to local parks like the Urraween Hill Lookout and nearby botanic gardens.
Excellent; home to Yarrilee State School and close to Fraser Coast Anglican College.
Superior; the premier medical precinct of the Wide Bay region.
A professional and family-oriented demographic with a higher-than-average median age compared to the state.
The high owner-occupancy rate and professional workforce contribute to neighborhood stability and property maintenance standards.
Focus is on healthcare infrastructure and specialized aged care facilities.
Residents value the convenience and safety of the suburb, though some express frustration with increasing traffic around the hospital.
Walking to the hospital for my shifts is a huge plus, and the area feels very safe for my kids.
We live on the hill and the breezes are wonderful, though the traffic on Urraween Road is getting busier.
Never had a day of vacancy in four years. The medical staff are excellent tenants.
Yarrilee is a great school, but I wish there were more walkable cafes in the residential streets.
It's getting hard to find anything under $600k that doesn't need work.
The expansion of the medical precinct is bringing a lot of new energy and money into the suburb.
Position the property as a 'low-risk, high-convenience' asset. Focus on the lifestyle benefits of being 5 minutes from everything while living in a quiet, professional neighborhood.
Urraween offers one of the most stable rental markets in regional Queensland due to the 'hospital effect'.
Over-supply of similar 4-bedroom homes in newer estates could cap rent growth in the short term.
Extremely close to major employers and retail hubs.
Traffic noise near main thoroughfares like Urraween Road and Pantlins Lane.
Ensure all smoke alarm and safety switch certifications are current as per QLD legislation.
The 'Medical Heart of the Bay' and 'Elevated Family Living'.
Medical professionals, young families, and interstate retirees.
This report is based on data available as of 2026-03-06. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with professionals before making any property purchase.
Price Guide: $750,000 - $780,000
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Open Saturday 24 October 11:35 am
Auction
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Open Saturday 24 October 2:00 pm Auction Saturday 31 October 1:30 pm
Auction
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Open Saturday 24 October 11:30 am Auction Saturday 31 October 12:45 pmSchools in this suburb, and the government school zones that cover the middle of it. A zone often covers only part of a suburb, so check an address on the property page.
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