97 Rawlins Street Kangaroo Point QLD 4169

3 bed house on 239m² lot |Recently listed for auction |Est value $1.6m+ |School catchment appeal | 140 char This three-bedroom house on a 239sqm lot suits small families or professionals prioritizing inner-city access and school proximity. Its modest land size and 139sqm building footprint deliver practical living space in a tightly held riverside pocket, where larger blocks are scarce. Positioned on a quiet street, it blends seamlessly with similar freestanding homes, avoiding the density of nearby apartments. Buyers drawn to such properties often include young families leveraging the East Brisbane State School catchment just 0.8km away, or couples trading up from units for private outdoor areas. In Kangaroo Point’s competitive house market, three-bedroom options like this maintain steady demand, with recent comparables underscoring resilience amid rising values. The 58% building coverage leaves room for extensions, appealing to those planning personal tweaks without major overcapitalization. Long-term holding value stems from its low elevation free of flood or bushfire risks, plus reliable NBN and 5G connectivity supporting remote work lifestyles. Last sold in 2005, it reflects the suburb’s pattern of enduring owner-occupier tenure rather than frequent flips. Auction timing suggests vendor confidence in current momentum for compact, well-located homes. Overall, its attributes position it as a pragmatic entry to premium postcode living, with scope for value accrual over time.