253 Colburn Avenue, Victoria Point QLD 4165

Renovated single-level on 750sqm | side access for boats or vans | no overlays | catchment to both Victoria Point schools The property’s competitive edge lies in its rare combination of a full renovation on a flat 750sqm block with side access and zero overlay constraints. For a family needing room for a caravan, boat, or trailer, this is a functional advantage most homes in the area lack. The 300sqm floorplan with open living and separate master suite serves buyers prioritising single-level space and indoor-outdoor flow over a premium address. The main risk is the asking price relative to recent $800k purchase and conservative valuations. Paying over $1.1m means absorbing a premium for the renovation and side access in a suburb where median growth is 12.4%. The opportunity is that a motivated seller after 2 days on market may accept an offer near $1.05m, which aligns with the property’s underlying value. Hold for 5-7 years or occupy immediately to capture the school catchment benefit.