11 Wade Court, Shailer Park QLD 4128

Bushfire overlay on title | elevated block with panoramic views | pool and spa maintenance | isolated cul-de-sac location The bushfire overlay is a structural risk that will increase insurance premiums and may limit lending appetite from some major banks, costing the buyer roughly $1,200 to $2,500 extra annually depending on the policy. The elevated position and 1,200m² block provide genuine scarcity in Shailer Park, but the pool and spa are ongoing cost centres with no rental upside—this property is best used as a long-term family home rather than a passive investment. The four separate living zones and two double carports with insulated roofing are competitively rare for this suburb; most comparably sized blocks in the area have only single garages and open-plan layouts. This house serves a multigenerational family or a buyer who works from home and needs distinct zones for noise and privacy. The bushland views from the alfresco area are a durable point of difference that will hold value in a softer market. From the recent sale at $1.47M and the rental yield estimate of 3.16%, the buyer is paying a premium for land scarcity and layout versatility; the bushfire overlay justifies a 5-7% discount in negotiations to offset insurance costs. Next step is to obtain a full building and pest inspection with bushfire risk assessment before making an offer.