20 Syracuse Street, Redland Bay QLD 4165
20 Syracuse Street, Redland Bay QLD 4165
20 Syracuse Street, Redland Bay QLD 4165 is a 5-bedroom, 2-bathroom house built in 2003, sitting on a 639 m² residential lot with 2 car spaces and 213 m² of internal floor area, located within Redland local government area with no flood or heritage overlays but with a detected bushfire overlay. The property was listed for sale on 18 June 2026 as a house in Redland Bay. The property features include 5 bedrooms, 2 bathrooms, 2 parking spaces, 213 m² floor area, built in 2003, 639 m² land size, 240 m² building coverage (38% of lot), 14 m ground elevation, 7 m roof height, and ducted air conditioning as noted in its 2019 sale listing.
5 bed on 639m2 | built 2003 | bushfire overlay | family demand strong
This property sits above the typical configuration for the area offering five bedrooms on a moderate lot which is a rarer find than the standard four bedroom home. The 2003 build is recent enough to have modern construction standards but old enough that the landscaping and street presence are established. The single level layout and ducted air conditioning make it practical for families with young children or older buyers who prefer not to navigate stairs. The bushfire overlay is the main factor that may give some buyers pause but for a family who values the extra bedroom count and the proximity to schools and waterways this house serves a specific and motivated buyer profile well.
The bushfire overlay may affect insurance costs and could narrow the pool of buyers who are comfortable with that risk. The 639m2 lot is close to the suburb average so there is no land size advantage to trade on. The building coverage at 38% is moderate leaving some outdoor space but not generous. The 14 metre ground elevation is a positive as it reduces flood risk in a coastal suburb where that matters. The lack of a heritage overlay means no restrictions on future changes. The rental yield if considered as a fallback is around 3.4% which is ordinary for the area and not a strong investment signal.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Syracuse Street, Redland Bay QLD 4165
Checks found:
Value Risk
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2
Liquidity Risk
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1
Planning Risk
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2
Income Risk
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1
Execution Risk
✓
Insight: Redland Bay QLD 4165
Redland Bay is positioned as an affordable coastal family enclave, offering relaxed living with strong transport links. Demand is driven primarily by interstate and intrastate families seeking value, supported by significant new development. The housing market exhibits exceptionally strong recent growth and tight selling conditions. Future growth is underpinned by major master-planned expansion, though this increased supply and current affordability pressures present key considerations for sustained momentum.