17 Surrey Street Hyde Park QLD 4812

3 bed house on 685m² lot |Rental yield at $540pw |Est value $640k |Flood overlay noted|This three-bedroom house on a 685m² block suits downsizers or investors eyeing steady rental returns in a school catchment area. The generous land size relative to the 195m² building footprint leaves room for yard use or future expansion, appealing to practical buyers. Sitting in a quiet street alongside similar mid-sized homes like the three-bed at number 15 and two-bed at 16, it blends seamlessly without standing out as oversized or undersized. Families or first-home buyers drawn to three-bedroom configurations here value the three car spaces amid limited street parking. Rental history shows consistent leasing through agencies, suggesting reliable tenant demand at current levels around $540 weekly. Comparable properties in the immediate area hold values steadily, with estimates clustering from $528k to $791k based on size and beds. The flood overlay may temper some buyer enthusiasm but hasn’t disrupted past tenancies, positioning it as a value play for risk-tolerant investors. Low building coverage at 28% enhances long-term holding appeal, allowing scope for updates while NBN and 5G coverage supports modern living needs. Overall, its street-level fit and land leverage point to resilient market positioning for patient owners.