11 Wollumbin Place, Narangba QLD 4504

Quiet cul-de-sac | elevated 835m² lot | 1995 build with recent updates | strong owner-occupier street character. This property occupies an uncommon position in Narangba: a 1995 house on an 835m² lot in a quiet cul-de-sac, with 9-foot ceilings and a 199m² floorplan that offers genuine separation of living zones. The elevated 60m ground level and 5m roof height provide a sense of space and airflow rarely found in newer subdivisions. The updated master ensuite and new lounge carpet indicate selective maintenance without full renovation cost. For a buyer seeking a long-term family home in a street where 85% of neighbours are owners, this configuration reduces the risk of future overshadowing or overlooking. The fully fenced yard and back patio suit families with children or pets, and the catchment for Narangba State School and Narangba Valley State High School adds practical daily value. The primary risk is the bushfire, flood, and heritage overlays, which may affect insurance premiums and future development potential on the lot. The 24% building coverage leaves room for extension, but overlay constraints should be confirmed before any renovation planning. The 2017 sale at $382,000 and recent rental at $600 per week suggest a yield below 3.3% at current pricing, so this is not a cash-flow play. The opportunity lies in holding for capital growth driven by owner-occupier demand in a low-turnover street with limited supply. Use this property as a primary residence where the land and layout deliver lifestyle returns, not as a rental investment.