22 Neale Road Morayfield QLD 4506

4 bed, 2 bath, 2 car | 2019 build, 449m² lot | Flood overlay present | High confidence $941k value | 11.6% annual street growth This property offers a rare combination of a modern build, full brick construction, and a generous 168m² floorplan on a 449m² lot—an increasingly scarce configuration in Morayfield’s newer estates. The 2019 build year means lower maintenance and better energy efficiency than most stock in this price bracket. The high confidence valuation of $941,000 sits above the street’s recent comparable sales, but the 11.6% annual growth at 10 Neale Road signals strong local demand. This house suits a buyer seeking a turnkey family home with immediate rental potential—the $690 weekly estimate supports a gross yield near 3.8%, competitive for the area. The flood overlay is the primary risk, and it will narrow the buyer pool and potentially affect insurance premiums. However, the property sits at 22m elevation with no recorded flood events, and the overlay does not appear to have suppressed recent sales on this street. The absence of bushfire or heritage overlays is a net positive. The opportunity lies in negotiating a discount against the estimated value to offset the perceived flood risk. For a buyer prepared to hold for five years, the combination of modern construction, strong school catchment, and consistent street-level growth makes this a low-execution-risk proposition. Use the flood overlay as leverage in negotiation, not as a reason to walk away.