2/19 Suller Street, Caloundra QLD 4551

Rear villa | 93m² freehold | dual-income catchment | renovated low-maintenance hold This villa offers a rare combination of freehold title on a compact 93m² site and a fully renovated interior, which together reduce both purchase risk and ongoing maintenance exposure. The rear position within a duplex configuration provides privacy and a courtyard that is fully fenced, making it suitable for a tenant or owner-occupier seeking lock-and-leave convenience. The property sits within the Caloundra State School and Caloundra State High School catchments, which supports consistent rental demand from families. For an investor or downsizer, the configuration and condition remove the need for immediate capital outlay, while the single remote garage and air conditioning add practical appeal in a coastal market. The valuation gap between estimates suggests a buyer should commission a professional appraisal before committing, as overpaying by up to $200,000 would erode yield. The rental range of $560–$650 per week indicates a gross yield of roughly 3.0–3.5% at the higher price point, which is acceptable but not exceptional for a villa in this corridor. No flood, bushfire, or heritage overlays reduce insurance and approval risk. The property is best held as a long-term rental in a growth corridor, with the renovation protecting against near-term depreciation.