23 Nurstead Street, Camp Hill QLD 4152

| Post-war timber home | 961m² block | Flood overlay flagged | Subdivision potential | Size rare for suburb | The key mechanism here is land value: this block sits on a 961m² site, which is rare for Camp Hill and offers genuine subdivision or dual-occupancy potential subject to council approval, but the existing house is a post-war original at approximately 190m² with only one bathroom — a structural constraint that means any buyer must factor significant renovation or demolition costs, likely $250k–$500k depending on scope. The flood overlay is a specific risk mechanism: it does not automatically prevent development but may raise insurance premiums by 20–30% and restrict certain earthworks; a buyer should commission a flood report before exchange. The judgment: this property is best held for landbanking or a medium-term build project, not as a move-in-ready family home. What makes this property competitive is the block depth and side access — at 2.3 metres, it can accommodate a trailer, boat, or future separate dwelling entry — plus the street is quiet and walkable to Mayfield State School and Camp Hill Marketplace. For a buyer prepared to manage a renovation timeline or a subdivision application, this site offers upside that finished homes on smaller blocks cannot match. It suits a developer, a builder-occupier, or an investor focused on land appreciation rather than immediate rental yield. To test that potential, your next step should be a pre-purchase feasibility study — one that models subdivision or dual-occupancy scenarios against current council overlays and current construction costs — before you commit to a buying price.