75/1060 Waterworks Road, The Gap QLD 4061

Rear bushfire overlay | tandem garage limits daily use | flood overlay noted | solar reduces running cost. This property carries two statutory risk mechanisms-bushfire and flood overlays-that directly lower resale liquidity and inflate insurance premiums by an estimated 15–25%, which a buyer must discount from their offer. The solar PV system offsets some ongoing cost, and the fully fenced yard with in-ground pool creates genuine family utility. This is a hold property: live in it for the school catchment and outdoor amenity, but do not expect capital growth to outpace the risk-adjusted median. The competitive advantage is the 138m² floorplate with two ensuites and a downstairs bedroom-rare in a walk-to-school townhouse under $1.2m. It serves a professional couple with one child or a downsizer who wants single-level potential. The double tandem garage is a logistical compromise, but the balcony and outdoor area compensate. The combination of school proximity, pool, and solar positions this as a practical family home, not an investment churn play. Book a building-and-pest inspection specifically targeting the bushfire overlay compliance before you proceed.