5-bed family home | 730m² block | 4.19% rental yield | bushfire overlay | 10 days on market
This property presents a competitively strong offering for a family seeking space, with its five-bedroom configuration on a large 730m² block in a established, family-oriented suburb being its primary rarity. The modernised interior, ducted climate control, and substantial off-street parking for boats or caravans solidify its appeal to owner-occupiers seeking a long-term lifestyle base. Its estimated rental yield notably exceeds the suburb median, indicating immediate investment merit and underlying rental demand that provides a defensive income floor.
Proceed with the understanding that the bushfire overlay imposes specific compliance costs and insurance premiums, a direct financial burden. The significant variance in reported building size requires immediate verification, as it materially impacts value per square metre. The asking price reflects substantial recent growth; secure it only within the lower estimated range to preserve equity. This house is best acquired as a long-term hold, leveraging its dual appeal to secure either stable tenancy or substantial owner-occupier enjoyment.
The sales history demonstrates aggressive capital growth, supporting vendor expectations.
* Last Sale: June 2023 – $710,750
* Previous Sale: July 2019 – $550,000
This trajectory suggests a strong market, but the current ask demands recent comparable sales validation to ensure the growth rate is sustainable and not inflated.