12/15 Donna Court, Kearneys Spring QLD 4350

| vacant possession delayed | 97 sqm limited for two ensuites | recent sub-$500k comparable sales | short on-market window | The property carries two structural risks: delayed possession until mid-May binds a buyer’s timeline, and 97 square metres with two ensuites compresses living space, potentially limiting resale appeal to a narrow buyer pool. The commercial opportunity lies in buying below recent comparable sales, given 13/15 traded at $517,000 in July 2025. This property should be held for owner-occupation rather than near-term flipping, as the constrained layout reduces speculative upside. The configuration is competitively rare for a sub-$500k price bracket in Kearneys Spring: two generous ensuites and open-plan living in a complex with only 12 apartments provide low-density privacy that similar-priced units rarely match. This property serves first home buyers or downsizers seeking owner-occupied value, not investors chasing yield. The absence of floor plans disclosed means a physical inspection is non-negotiable to verify the ensuites’ functionality relative to the 97-square-metre footprint. Comparable sales: 13/15 Donna Court sold for $517,000 (July 2025), up from $310,000 (Oct 2022). This property’s previous sale at $225,000 (Nov 2021) implies 2.3x price growth in under four years, suggesting the current $499,000+ threshold is credible but not a discount. The inference: value aligns with recent evidence, but the tight floor plan and delayed vacancy warrant a cautious bid below $500,000 to lock in margin against a static market.