14 Larwill Avenue Northgate QLD 4013

4-bed high-set house | 281m² building on 405m² | Northgate 4013 | no overlays | strong rental yield This property offers a rare configuration in a tight Northgate market: a genuine four-bedroom house with a rumpus room and study on a fully fenced 405m² lot, giving it functional space that typically commands a premium over standard three-bedroom homes. The 69% building coverage and two separate living areas position it well for families who need separation between adult and children’s zones, while solar panels and FTTP reduce ongoing costs and appeal to remote workers. For a buyer, the key edge is that this house competes in two segments simultaneously—as a family home and as a high-yield rental at an estimated $945 per week—which supports both owner-occupier and investor demand. It serves best a professional couple with school-age children or an investor targeting the Virginia State School catchment. The primary risk is the conflicting 2023 sales history, which may indicate title or subdivision issues given the adjacent 14A property on an identical lot size; a title search and survey are non-negotiable before offer. The 5-metre ground elevation is low for the area and could affect insurance premiums, though no flood overlay is recorded. The opportunity lies in the 50% auction clearance rate locally—this property is for sale by offer, not auction, suggesting the seller may accept a structured negotiation. Hold this property for medium-term capital growth driven by Northgate’s undersupply of family-sized homes, or use it immediately as a rental with a 3.2% gross yield that beats the suburb median.