11 Major Mitchell Drive, Upper Coomera QLD 4209

Large 1,232m² block | low 28% building coverage | bushfire overlay present | strong rental yield potential. The property’s primary buying case rests on the rare combination of a generous land holding and a relatively modern five-bedroom home, built in 2011. The low building coverage of 28% provides significant future flexibility, whether for extension, landscaping, or a secondary dwelling, which is a structural advantage over most houses in the area. The established solar panels and pool reduce ongoing living costs and add lifestyle appeal. This property best serves a buyer seeking land value growth with immediate rental income, as the estimated weekly rent of $1,260 to $1,460 supports a strong yield. The detected bushfire overlay is the key risk, potentially increasing insurance premiums and imposing stricter building or clearing requirements, which should be quantified before purchase. However, the absence of flood or heritage overlays simplifies due diligence. The 2018 sale at $845,000 shows substantial capital growth, and the current valuation of $1,866,000 reflects that trajectory. For a buyer, this property should be held as a long-term land bank with rental income offsetting holding costs, not a short-term flip.