38 Dundee Street, Bray Park QLD 4500

Flood overlay active | 646m² land block | 3-bedroom family house | Rental cover possible This property carries a flood overlay that may increase insurance costs by approximately $1,200 to $2,000 annually and could complicate resale in a cautious market. The 646m² lot offers subdivision potential under Moreton Bay planning guidelines, but feasibility depends on council layout approval and sewer connections, which require site-specific due diligence. Given current market conditions, a buyer should hold this property for at least five years to absorb transaction costs and realise any land value uplift. The three-bedroom layout on a generous block provides competitive separation in a suburb where median days on market are only 11, indicating steady demand. With both primary and secondary school catchment coverage and reliable NBN FTTP, this house suits a family buyer or an investor targeting the $595 to $685 weekly rental bracket. To move forward, commission a flood level certificate and a preliminary subdivision feasibility report before making an offer.