26 Caraway Cres, Banksia Beach QLD 4507

Flood overlay overland flow path | 2017 purchase price $255,000 | No bushfire or heritage risk | Study adds flexible space The flood overlay introduces a specific risk mechanism: overland flow path may affect insurance premiums and future resale liquidity, costing the buyer in holding costs and exit options. The opportunity lies in the structural disparity between the current list price and the estimated value range of $1,142,000 to $1,169,000, offering significant upside if purchased below that band. The property should be bought for owner-occupation or mid-term hold, not as a passive rental yield play given the median rental of $770 per week. The property’s competitive strength lies in its location within the Pacific Harbour Golf Estate with catchment to Banksia Beach State School and Bribie Island State High School, serving families or downsizers. The 222m² building area with air conditioning, solar panels, and a study differentiates it from standard units. The property best suits a buyer valuing space and location over turn-key condition. The available floor plans and inspection tours let you test the open-plan living design against your needs, so book a visit now to assess the flood overlay impact firsthand. No comparable sales data available.