17 Pelican Street, Inala QLD 4077

3 beds, 1 bath, 607m² block | polished timber floors, shed, study | 85% owner-occupied street | no recent street sales | bushfire overlay present The property’s strongest buying case lies in its physical configuration on a generous 607m² lot with only 36% building coverage, leaving meaningful room for future extension or landscaping. The polished timber floors, separate study, and four car spaces (garage plus carport) are genuinely rare for a three-bedroom house in this price bracket and signal a floorplan that works for both families and home-office users. The street profile,85% owner-occupied with no recent sales,suggests low turnover and stable long-term neighbours, which matters for capital preservation. This property best suits a buyer who values space and condition over cosmetic renovation, and who intends to hold for at least five years. The bushfire overlay is the primary risk, and it costs the buyer higher insurance premiums and potentially stricter building materials if extending. The absence of flood or heritage overlays is a net positive, but the 2017 last sale price and conflicting demographic data on owner-occupancy rates require independent verification before committing. The rental estimate of $575 per week against a $1M valuation gives a gross yield of roughly 3%, which is acceptable but not exceptional for Inala. The opportunity here is to negotiate from the midpoint of the Domain range ($860k–$1.14m), using the bushfire overlay and short market time as leverage. Hold this property as a long-term owner-occupier; its configuration and street character are not easily replicated in this suburb.