10 Bailey Court, Ormeau QLD 4208

Modern family home | quiet cul-de-sac | Ormeau growth corridor | tenanted income until October 2026. This property offers a rare combination of a quiet cul-de-sac position and a modern, functional floorplan built in 2017, which is competitively strong for families seeking low-maintenance living in the Ormeau growth corridor. The open-plan layout with a separate lounge, covered patio, and master suite with ensuite provides clear separation of zones, making it suitable for owner-occupiers with children or investors targeting the family rental market. The current tenancy at $730 per week until October 2026 provides immediate income certainty, while the potential rental upside to $790 per week adds commercial logic for a buy-and-hold strategy. The bushfire and flood overlays represent specific risks that may affect insurance premiums and resale appeal, particularly for cautious buyers, but are common in this region and do not materially undermine the property’s core value given its elevated ground position. The south-west aspect may limit afternoon sun in winter, but the split-system air-conditioning mitigates comfort concerns. For a buyer, this property holds well as a long-term family home or a stable investment with a clear exit via the strong local market, where auction clearance rates are 70% and 237 properties have sold this year. Hold for capital growth driven by Ormeau’s infrastructure and demand.