13 Sunderland Drive, Banksia Beach QLD 4507

Modern coastal build | Flood overlay present | Walkable beachside lifestyle | Ducted aircon throughout This property offers a rare combination of near-new construction and genuine walkability to the Banksia Beach waterfront, shops, and cafés—a configuration that typically commands a premium in this market. The open-plan layout with separate office and ducted air conditioning serves both families seeking low-maintenance living and downsizers wanting lock-and-leave convenience. The master suite with ensuite and built-in robes, plus private patios off secondary bedrooms, adds functional separation that strengthens appeal across buyer demographics. For an investor, the bore water access and solar system reduce ongoing costs, while the 2018 build year means minimal immediate capital outlay. The confirmed flood overlay is the primary risk and will narrow the buyer pool, particularly among financiers and insurers. This overlay may increase premiums or require specific flood certifications, effectively costing the buyer in holding expenses and resale liquidity. However, the property’s position in a desirable school catchment and its fully fenced, grassed block offer offsetting utility for families with children or pets. The absence of bushfire or heritage overlays simplifies due diligence. Hold this property as a medium-term owner-occupied home to capture lifestyle value and wait for flood mitigation infrastructure improvements to lift buyer confidence.