207 Whitehill Road, Raceview QLD 4305

3 bed, 2 bath, 4 car | 612m² block, no overlays | Recently renovated | Listed for sale and rent concurrently. This property presents a competitively strong offering for an investor or owner-occupier seeking a low-maintenance, modernised house on a standard block with superior parking provision. The addition of a second bathroom since its 2021 purchase directly addresses a common deficiency in the suburb’s housing stock, enhancing its appeal to families and sharers, while the four car spaces are a tangible advantage over typical local stock. Its concurrent listing for sale and immediate rental availability signals high tenant demand, providing a buyer with immediate income optionality. The absence of overlays simplifies due diligence and insurability, and the property’s position within established school catchments anchors its fundamental demand profile. The decision hinges on reconciling the asking price against recent sales evidence, where a clear value compression exists for houses versus units. Key comparable sales in Raceview establish a market context where three-bedroom houses on similar land have recently transacted between $338,000 and $648,000, though often with fewer bathrooms or car spaces. The property’s $829,000 ask demands scrutiny; it positions this house at a significant premium, which must be justified by its renovation quality and rental income potential. A buyer should model the acquisition based on a achievable rent of approximately $3,000 per month, yielding a gross return near 4.4%, and weigh this against capital growth expectations for renovated properties in the area. Proceed only with a negotiated price that materially closes the gap to comparable evidence, structuring the purchase to leverage its immediate rentability while banking on its configuration edge for long-term resilience.