1999 build | 361m² coverage | bushfire overlay | Modbury High catchment | 5G & NBN
This house presents a substantial built form on a manageable lot, with its 361 square metres of living space representing a 54% site coverage that is atypical for its era and offers significant internal volume. The natural sandstone facade and formal gardens signal a quality construction, positioning it for buyers seeking a durable, low-maintenance family home within a specific school catchment. The absence of flood or heritage constraints simplifies due diligence, though the bushfire overlay requires investigation.
Proceed only after obtaining a bushfire attack level assessment and a building inspection focused on the 1999 construction standards; these reports are non-negotiable cost items. The valuation range width suggests market ambiguity, so anchor your offer using the lower quartile. This property is best held long-term to amortize its scale, suited for a family established within the school zone. Its rental yield is secondary to its utility as a primary residence.
A direct street-front comparable at 14 Old Sheoak Court, on a slightly smaller 629m² lot, carries an estimated value of $1,177,000. This infers a baseline street value, against which the subject property’s larger building footprint and lot size must justify its premium.