118 Pohon Drive, Tanah Merah QLD 4128

Flood overlay detected | 604m² lot with 47% building coverage | Renovated but on a busy road | Double garage but no off-street parking for guests. The flood overlay is the primary risk mechanism here, as it directly impacts insurance premiums and resale liquidity. That 604m² lot with 47% building coverage is unusually high for the suburb, meaning you’re buying a home that already maximizes its footprint, leaving little room for future extensions or pool installations that other buyers in the area typically seek. The renovations are genuine capital improvements, but they don’t offset the overlay’s drag on long-term appreciation. This is a hold property, not a flip—plan to live in it for at least seven years to recoup the risk discount. What’s competitive here is the recent renovation work, which spares you the cost and hassle of a gut job in a suburb where most homes still need updates. The solar panels and new roof add operational savings, and the three skylights improve livability on a lot that’s built out. This serves best a pragmatic buyer who values move-in readiness and doesn’t plan to expand the footprint. The flood overlay is the conversation opener with your insurer, not a dealbreaker—get a quote before you sign any contract.