223 Freshwater Drive Banksia Beach QLD 4507

Near-new coastal luxury | generous land with pool | strong rental yields | high-growth street | flood overlay noted This property presents a clear opportunity for capital growth, supported by consistent annual growth rates of 4.5% to 10.9% on the same street. The primary risk mechanism is the flood overlay, which may impact future insurance premiums and requires specific due diligence. Its near-new condition and premium finishes mitigate immediate capital expenditure. The commercial logic supports a long-term hold, targeting both rental income and appreciation, ideally suited for a family occupant or an investor seeking a high-quality coastal lifestyle property. Competitively, it is differentiated by its near-new status, private pool, and solar panels within a street of older stock, offering immediate liveability and lower maintenance. The 57% building coverage on a 602m² lot provides substantial outdoor space, a rarity for new builds, enhancing its family appeal. This property serves the dual profile of a permanent resident seeking a premium coastal home and the astute investor capitalizing on strong rental demand and superior yield potential. Your next step is to validate the flood overlay implications to secure your position on this high-caliber home. Recent sales on Freshwater Drive show a strong upward trajectory. A nearby 4-bedroom house sold for $1.35 million after a one-year hold, demonstrating active market momentum. This consistent pattern of sales growth directly supports the estimated value range for this superior, near-new property.