4 bed pool home | 620m² Cable Beach lot | near primary & high schools | furnished & air-conditioned
This house presents a strong offering for a family or investor seeking a turnkey property in a high-growth suburb. Its combination of a large block, swimming pool, and proximity to multiple schools creates a competitively rare package in the Cable Beach market. The furnished state and five parking spaces significantly broaden its appeal to both owner-occupiers and the rental sector, positioning it for immediate use. It serves best a buyer prioritizing lifestyle amenities and low-maintenance entry.
The primary risk is the current asking price, which sits approximately $100,000 above the estimated market value. This premium demands scrutiny against true comparable sales, not just listed prices. The short time on market suggests motivated sellers, creating a negotiation opportunity. Acquire at or near the estimated value to secure a sound holding; the suburb’s strong annual growth supports a long-term hold for capital gain, while the features support solid rental demand.
Recent comparables show active competition, with a similar 4-bedroom house at 6 Salleh Street newly listed. While specific sales figures are unavailable, the suburb’s 17.7% annual price growth and new listings indicate a dynamic market. This underscores the need for precise valuation to avoid overpaying in a rising but competitive environment.