20 Brakes Cres, Miami QLD 4220

Renovated multi-level family home | Miami’s owner-heavy street | 0% recent street turnover | Premium rental demand confirmed This property offers a rare combination of a fully renovated multi-level layout on a stable, owner-occupied street in Miami, where only one sale has occurred recently. The 423m² building area on a 405m² block is an efficient use of land, and the five-bedroom configuration with three bathrooms positions it well for families seeking space without a large yard to maintain. The recent lease at $2,200 per week confirms strong rental demand, which supports both owner-occupiers and investors. The property serves best buyers who want a move-in ready home in a coastal suburb with balanced demographics and good school access, where long-term residents dominate and turnover is low. The primary risk is the absence of recent comparable sales on the street, making valuation reliant on broader suburb data. The 0% auction clearance rate in the street profile signals caution if bidding is required. However, the low turnover and high owner occupancy suggest limited supply, which can work in a buyer’s favour if they act decisively. The property’s size and renovation quality reduce immediate capital outlay for upgrades. For an investor, the rental history provides a clear income floor. Hold this property as a long-term family home or a stable rental in a supply-constrained pocket of Miami.