2646 The Address, Hope Island QLD 4212

Flood overlay detected | Secure estate positioning | Strong recent sales growth in street | 643m² lot with 51% building coverage The property’s position within a secure estate on The Address gives it a clear competitive edge for families seeking both privacy and proximity to quality schools. The 643m² lot with 51% building coverage offers rare reconfiguration potential, while recent sales on the same street show annual growth between 7.6% and 13.6% — suggesting sustained demand and capital appreciation. This house is best suited to a buyer who values a tightly held enclave and is willing to work within the constraints of the flood overlay. The flood overlay is the primary risk here, requiring careful due diligence on insurance premiums and any council-imposed building restrictions. However this same overlay may have kept the listing price below comparable non-flood properties in the estate, creating a potential entry point for a buyer who can absorb the insurance cost. The strong growth trajectory of nearby sales suggests that any resale discount from the flood risk may narrow over time, particularly as the estate’s overall desirability continues to lift.