11 Hayes Street, Raceview QLD 4305

Modern brick home | near-new condition | 450m² block | established Raceview street This property offers a rare combination of near-new construction and a 450m² block in an established street, giving a buyer a significant configuration edge over newer estates with smaller lots. The 2020 build, with three bedrooms, two bathrooms, and a study, serves downsizers or small families wanting low-maintenance living without sacrificing space. The brick construction and fully fenced yard add durability and privacy, while the outdoor entertainment area and secure double garage meet practical needs. Its position in Raceview, with no flood or bushfire overlays, reduces insurance and risk concerns, making it a straightforward hold for owner-occupiers. The primary risk is the lack of recent comparable sales on the street, with only one nearby sale at $855,000 for a smaller house on a larger block, creating uncertainty in pricing. The property has been on market for six days with no price reduction, suggesting the seller is testing demand. For a buyer, there is an opportunity to negotiate below the $876,000 estimate, given the short listing period and the seller’s likely motivation to move. This house is best used as a long-term home, with the study and modern layout supporting flexible living or a future rental at around $615 per week, but only if acquired within a disciplined budget.