22/113 Castle Hill Drive, Murrumba Downs QLD 4503

Townhouse with pool in a tight building | 80% owner-occupied, low turnover | Flood overlay present | Strong school catchment This townhouse sits inside a 76-property complex where 80% of residents are owners, not renters, which typically means better common area upkeep and a more stable community. The in-ground pool and fully fenced courtyard are uncommon at this price point in Murrumba Downs, giving the property a genuine lifestyle edge for a family with young children. The school catchment is strong, with both primary and secondary options within 1.6 kilometres, and the suburb’s 65% long-term resident rate suggests people stay, supporting steady demand. The flood overlay is the primary risk, and it will narrow the buyer pool and may affect insurance premiums and resale speed. However the overlay alone does not guarantee flooding, and a physical inspection during wet weather plus a search of local flood records will clarify actual exposure. The 2021 purchase price of $260,000 compared to the $830,000 estimate reflects strong capital growth, but that trajectory is not guaranteed to repeat. Hold for at least five years and treat the pool and courtyard as genuine family-use features, not value-add renovation opportunities.