24 Alice Street, Clontarf QLD 4019

Large golf course lot | 3-bed house under 1M | recent rapid resale | prime school catchments This property’s primary strength is its landholding within a sought-after pocket, offering a rare sub-$1 million entry point onto a substantial, level parcel near the Redcliffe Golf Course. The configuration supports family needs with multiple car spaces and falls within walking distance of well-regarded state schools, positioning it as a durable family home with land-value upside. It serves the owner-occupier seeking space and location over modern finishes, or the strategic holder banking on land appreciation. The central risk is the vendor’s apparent short-term speculative hold, listing within weeks of purchase, which demands scrutiny of their motive and any undisclosed flaws. The price must justify the cost of any deferred maintenance or updates against the recent purchase price. Proceed only if due diligence validates a genuine value gain from the March transaction; otherwise, the opportunity cost is capital locked in a stagnant property. This is a land play-hold long-term for redevelopment or enjoy the golf course adjacency as a permanent residence. Recent comparable sales data is limited, but the property’s own sale history is critical: it transacted for $715,000 on March 1, 2024, and was re-listed for sale within the same month. This rapid resale is the most relevant comparable, indicating either a swift value-add opportunity or a motivated vendor. For a buyer, this establishes a firm recent benchmark, making any new sale price above this figure require clear justification from the land value or market movement.