14/21 Jane Street, Arana Hills QLD 4054

Compact 1980s townhouse | flood overlay present | rental demand evident | school catchment stable This property offers a well-located, low-maintenance townhouse in an established complex with good rental appeal. The two-bedroom layout with a single bathroom and car space is a standard but functional configuration for a buyer seeking an affordable entry into the Arana Hills market. The presence of air conditioning, built-in robes, and a courtyard adds practical comfort. The property sits within the Grovely State School and Mitchelton State High School catchments, which supports long-term demand from families. The 5G mobile coverage and NBN Hybrid Fibre Coaxial connection are adequate for modern living. For a buyer, the main competitive advantage is the combination of a compact footprint, reasonable estimated value, and a location that historically supports steady rental yields. The flood overlay is the most significant risk and requires thorough investigation into actual flood depth, frequency, and insurance implications before proceeding. The property’s 1984 build date suggests potential for original finishes, so a careful inspection of condition and any recent renovations is warranted. Body corporate levies and special levy history should be confirmed, as these can materially affect holding costs. The estimated value of $806,000 appears elevated relative to historical sales data on the same street, so a buyer should verify this against recent comparable sales. The presence of an in-ground pool in the complex may add maintenance costs but also enhances appeal for tenants. Overall, this property suits a buyer seeking a stable, rental-oriented townhouse in a school catchment, provided the flood risk is manageable and the price aligns with market evidence.