1 Bilby Court Capalaba QLD 4157

Koala Park cul-de-sac | 6-bedroom family scale | 52% site coverage | elevated 48m position The buying case centres on a rare combination of scale and position: a six-bedroom house on a 705m² lot in a quiet Koala Park cul-de-sac with 52% site coverage, which is unusually high for the area and signals a property built to maximise internal living space. The elevated 48m ground position, in-ground pool, and ducted cooling make this a strong candidate for a large family seeking a low-maintenance, move-in-ready home within the Coolnwynpin State School catchment. For a buyer, the 364m² building footprint and fully fenced yard reduce the need for near-term capital expenditure, while the remote garage and built-in robes add functional convenience. This property best suits an owner-occupier who values immediate amenity over renovation upside. The primary risk is the bushfire overlay, which may affect insurance premiums and impose landscaping constraints; this is a known cost of entry for elevated Koala Park sites and should be factored into holding budgets. The 2014 purchase price of $490,000 indicates significant land value appreciation, but the current estimated value range of $1.24m to $1.54m suggests limited short-term capital growth in a softening market. The rental potential of $845 per week offers a modest 3.2% gross yield, which is acceptable for a family home but not investment-grade. The opportunity lies in the property’s scarcity: six-bedroom houses on large blocks in quiet cul-de-sacs rarely trade, so a buyer who intends to hold for seven to ten years is well-positioned. Use this house as a long-term family home and treat the bushfire overlay as a manageable operating cost.