11 Jacob Close, Gordonvale QLD 4865

Family-oriented Gordonvale home | 801sqm fully fenced block | 4 bedrooms with built-in robes | strong rental yield potential. This property presents a rare configuration advantage in Gordonvale: a four-bedroom house on an 801-square-metre lot with only 25% building coverage, offering genuine expansion or subdivision optionality for a buyer willing to hold. The 2024 sale at $533,000 and current listing at $770,000 reflect a market that has repriced the land component sharply, but the absence of flood, bushfire, or heritage overlayers reduces holding risk. For a family buyer or investor targeting the school catchment, the combination of secure parking, air conditioning, and FTTP connectivity supports both owner-occupier appeal and tenant demand in a suburb with limited turnover—Jacob Close has only 31 properties. The primary risk is the single bathroom, which limits appeal for larger families or premium renters and may cap capital growth relative to comparable homes with two bathrooms. Buyers should budget $30,000–$50,000 for an additional bathroom or ensuite to unlock the full value of the four-bedroom layout. The 24-metre elevation and 4-metre roof height suggest no structural constraints for a second storey. This property is best held as a long-term family home or a value-add renovation, with the land bank providing future optionality.