57-59 Mcivor Court, Ormeau QLD 4208

1.69 acres | 382m² home | 5-bed configuration | strong owner-occupier street This property sits on a rare 6,856 m² parcel with a substantial 382 m² floorplan, placing it well above the suburb median in both land and building size. For a buyer seeking acreage living within commuting distance of Brisbane and the Gold Coast, the combination of a large, established home and a tightly held street with 90% owner-occupiers offers a competitive advantage. The estimated value above the local 5-bedroom median reflects the premium attached to land size and building area, making this best suited to a family prioritising space and long-term holding potential. School catchment access to Norfolk Village State School and Ormeau Woods State High School adds practical appeal for families. The primary risk lies in the inconsistency between online records showing either 4 or 5 bedrooms, which may affect financing or future resale if a room is not legally classified as a bedroom. Buyers should verify the current configuration and any unapproved modifications. The 21-day average days on market and low auction clearance in the area suggest a softer demand for high-end acreage, so negotiation room may exist. The opportunity is in the land itself—at 1.69 acres with a 382 m² home, this property offers expansion or subdivision potential subject to council approval, which could unlock significant value over time.