2/15 Landsborough Avenue, Scarborough QLD 4020

Sub-200sqm townhouse | 3-bedroom configuration | Scarborough coastal pocket | Low owner-occupier turnover | Courtyard with travertine stone This townhouse offers a rare configuration edge in Scarborough: a wide-entry, single-level layout with 175 sqm of internal space and a substantial rear courtyard finished in travertine stone. Such a combination is uncommon in attached housing here, where most units trade off outdoor area for floorplan. The 80% owner-occupied street profile and 69% long-term residency signal a stable, low-turnover micro-location that supports capital preservation. For a buyer seeking a lock-and-leave home with genuine entertaining space and separation from strata neighbours, this property competes directly against smaller houses at the median price point, without the land maintenance burden. The flood overlay found on title introduces a specific cost: elevated insurance premiums and a narrower buyer pool at resale, which may extend days on market beyond the local average of 27. The 113 sqm land area limits subdivision or extension upside, so the commercial logic rests on holding for steady owner-occupier demand in a coastal suburb with constrained supply. No bushfire or heritage constraints apply. The property suits a buyer who prioritises internal volume and outdoor amenity over land banking, and who will hold for at least five years to absorb the flood-risk discount. Use it as a primary residence with a rental yield of roughly 3.2 percent if circumstances shift.