173 Maine Road, Clontarf QLD 4019

Offers above median | Tight yield at 3% | Slower growth than metro | Wide block with subdivision risk The property carries a relatively thin rental yield of 3%, which places pressure on debt servicing if rates rise, and the price per square metre at $1,586 suggests limited room for short-term capital gain given the suburb’s 12.6% growth already priced in. The key opportunity is the 599sqm corner block with dual-street access, which opens a future subdivision pathway or dual-living configuration, provided Moreton Bay Council permits. This house is best held for medium-term land appreciation rather than immediate flipping or high rental cash flow. What makes this house competitively rare is the recently renovated interior on a low-maintenance corner site with no flood or bushfire overlays, removing two major buyer concerns in coastal Queensland. The ducted air-conditioning and solar system lower ongoing costs, while the shed and side access add practical utility for a family or tradie. It suits an owner-occupier seeking a move-in home with latent land value, or an investor comfortable with modest yield in exchange for a tighter supply position. Comparable sales within 500m show renovated three-bedroom houses on standard 400sqm blocks transacting between $880,000 and $930,000 over the past six months. The premium here for the 599sqm corner block and dual access is around 6-12%, which aligns with the upper end of the value range. This reinforces the logic that the land, not the house, drives long-term worth.