Top-floor unit | leafy outlook | flood overlay noted | recently leased | not for sale
The unit’s top-floor position and refurbished condition offer a rare configuration edge in this strata block, with the peaceful, lush outlook acting as a quiet differentiator in a market where buyers often trade off amenity for light. Its 78 m² internal area and single garage provide a functional floorplan that suits owner-occupiers seeking a low-maintenance lifestyle or investors targeting stable rental demand near schools and transport. The recent lease at $565–$625 per week confirms lettability, and the 43% value increase since 2012 supports a case for further moderate capital growth in a well-located suburb.
The flood overlay is the primary risk, requiring a professional inspection and council research to quantify insurance costs and resale limitations; this may narrow the buyer pool and suppress future price growth relative to unencumbered units. The lack of an active listing means the buyer must wait for a motivated seller or negotiate off-market, but the fixed price range of $490,000–$510,000 provides a clear entry target. Hold for rental income or owner-occupation, and avoid overpaying due to the flood risk.