15 Sandalwood Street, Blackwater QLD 4717

3 bed on 708sqm | single bathroom layout | school catchment within walking distance | no flood or bushfire overlays This property offers a clear positional advantage for a buyer seeking a solid residential foothold in Blackwater. The 708sqm block with 43% building coverage leaves genuine room for a shed, garden, or future extension—rare in tighter subdivisions. Being within 300 metres of Blackwater State School and 1.3km from the high school gives it a practical edge for families, and the absence of flood, bushfire, or heritage overlays removes the most common hidden liabilities in regional Queensland. The Colorbond fencing and outdoor entertainment area are finished improvements that save a buyer immediate capital outlay, while the double car accommodation and separate shed add genuine utility for trades or storage. This house suits an owner-occupier wanting a low-risk, functional home in a proven school corridor, or an investor after a rental yield in the 7–7.5% range based on achievable weekly rent. The single bathroom and single living area are the property’s main constraint—it will not appeal to larger families or share-house tenants, which narrows the buyer pool and may extend days on market. The 2009 purchase price of $260,000 and the fact it was listed in August 2025 without selling suggest the current $295,000 ask may be above what the market has been willing to absorb, particularly given automated estimates cluster closer to $270,000. That said, one valuation source places it at $304,000, so the gap is not wide. Fibre to the Node and 5G coverage support remote work or study, which is a practical plus for a regional location. The sensible play is to negotiate toward the mid-to-low $270,000s, then hold for steady rental income or occupy and improve the single bathroom layout over time to lift resale appeal.