645 Oxley Avenue, Scarborough QLD 4020

3 bed house | 405sqm block | solar panels | off-market with flood overlay This property presents a rare buying opportunity in Scarborough, where a modestly sized 405sqm block with a low 38% building coverage offers significant redevelopment or extension potential. The confirmed solar installation and reliable NBN connectivity add practical value for a buyer seeking energy efficiency and modern liveability. It is best suited to owner-occupiers or investors targeting stable demand in a suburb where 69% of properties are owner-occupied, indicating strong community tenure and limited rental churn. The flood overlay is the primary risk, requiring formal verification with Moreton Bay Council to quantify insurance premiums and any development constraints. The property has not been significantly updated since 2014, so a buyer should budget for cosmetic or structural refreshes. However, the off-market status means less competition and potential negotiation leverage. This house should be held as a long-term residential investment, with the option to renovate or subdivide subject to council approval.