47/280 Government Road, Richlands QLD 4077

3-bed townhouse | Richlands school catchments | strong recent growth | bushfire & flood overlays This townhouse presents a competitively priced entry into a high-demand school catchment, with recent sales within the complex demonstrating consistent, strong capital growth over short hold periods. The configuration of three bedrooms, two bathrooms, and a study caters directly to young families or owner-occupiers seeking established amenities and modern finishes like air conditioning and secure parking. Its position within a complex characterized by high investor turnover signals reliable rental demand, making it equally viable for an investor seeking yield or an owner-occupier planning a future investment. The primary decision factors are the specific risk mechanisms of the bushfire and flood overlays, which may incur insurance premiums and require due diligence, against the demonstrated opportunity for continued value accretion. The commercial logic is clear: comparable sales show a pattern of substantial profit on short holds, suggesting a market appetite for well-presented units in this complex. Acquire as a medium-term hold, either as a principal residence to access schools or as an investment property leveraging the established turnover and growth trajectory. Recent sales at 280 Government Road provide a clear benchmark: – 54/280: $660k (Sep 2025), held ~3.5 years. – 58/280: $770k, 17.54% annual growth over 2 years. – 4/280: $650k, 17.11% annual growth over 2 years. – 41/280: $545k, 15.95% annual growth over 1 year. – 26/280: $575k, 12.39% annual growth over 1 year. This cluster of sales, all achieving double-digit annual growth, establishes a firm value floor and indicates robust demand for this complex. Your property, as a three-bedroom offering, sits squarely within this proven performance band.