2/52 Stevenson Street, Ascot QLD 4007

Townhouse, Ascot, three bedroom, courtyard | Fibre ready, low maintenance, dual living possible | Tightly held pocket, strong owner-occupier demand | Under offer, limited stock in this bracket This property occupies a competitive position in Ascot’s entry-level townhouse market, where three-bedroom stock with a private courtyard and secure parking is consistently undersupplied. The floorboards and split-system air conditioning reduce immediate post-settlement spend, while the built-in robes and ensuite in the master give it a clear owner-occupier edge over older two-bathroom units. For a buyer seeking a lock-and-leave home or a solid rental holding with yield potential near $1,090 per week, the configuration works without compromise. The NBN FTTP and 5G coverage support remote work, though these are supporting rather than primary value drivers. The main risk is the lot size discrepancy—reported between 75m² and 129m²—which may affect future subdivision potential or lender valuation if the smaller figure is correct. The 2002 sale price of $300,000 is too dated to inform current value, and the offer-pending status means any buyer must move quickly or prepare for a fallback position. The fully fenced courtyard and shed add usable outdoor space uncommon in this price tier, and the location within walking distance to Hamilton State School strengthens family appeal. Hold for medium-term capital growth in a tightly held suburb, or rent for a net yield above 4.5 percent with minimal vacancy risk.