11 Lupin Court, Annandale QLD 4814

5-bed on large 977m² block | upper quartile land size | aligns with high-growth suburb stock | strong rental for big families This property presents a competitively strong proposition within Annandale’s upper pricing tier, defined by its substantial land component and bedroom count that directly align with the suburb’s most valuable stock. A 977 square metre parcel exceeds the median land size of recent comparable sales, placing it in a segment that commands premium offers, as evidenced by four-bedroom houses on smaller blocks marketing above $900,000. The configuration serves large families or investors targeting the high-rent, five-plus-bedroom segment, which enjoys a significant weekly rental premium. The suburb’s severely constrained supply pipeline and dominant middle-class demographic with high household income underpin sustained demand for properties of this scale, suggesting robust capital growth alignment. Your decision hinges on acquiring a property in a market demonstrating strong growth metrics, but where value is precisely tied to land size and bedroom configuration. The primary risk is overcapitalisation relative to the immediate comparable sales band; the two direct five-bedroom comparables at 4 and 9 Cassia Court transacted between $766,500 and $820,000, setting a clear benchmark. The commercial logic involves leveraging the land scarcity and the rental yield from a large family home to offset holding costs while banking on the suburb’s consistent double-digit capital growth. Proceed with an offer calibrated against the precise sold data, as this property’s value is not in generic suburb growth but in its specific positioning within the top tier of house types, making it a hold for long-term appreciation or immediate high-yield rental. Recent comparable sales in Annandale provide a direct value anchor: 4 Cassia Court (5 bed, 943m²) sold for $766,500; 9 Cassia Court (5 bed, 1196m²) sold for $820,000. Other nearby listings, like 12 Glenelg Court (4 bed, 914m²) seeking offers over $949,000, highlight the price sensitivity to land and bedrooms. This data infers the subject property’s value sits confidently within the $770,000 to $820,000 range, with its 977m² block supporting the upper end of that spectrum.