27 Helena Street Wellington Point QLD 4160

5 bed family home on 703m² |Steps from waterfront & village |Est value $2.2M |Rental yield ~$1k pw| Newly listed in Sovereign Waters. This five-bedroom house on a 703sqm block suits extended families or multigenerational households drawn to its proximity to school catchments and waterfront lifestyle. The generously sized lot with 39% building coverage leaves room for practical expansions like a pool, appealing to buyers seeking flexibility in a fully fenced, low-maintenance garden setting. Its position just steps from Wellington Point’s village centre and bay edges it into a premium street segment on Helena, where larger homes command steady interest from local professionals upgrading within the precinct. Properties of this scale here tend to attract families prioritising space over newer builds, given the established zoning and lack of heritage constraints despite a noted flood overlay. Comparable five-bedroom houses on similar lots in the immediate area have held values firmly, buoyed by reliable NBN and 5G access that supports remote work setups. Long-term, the 703sqm footprint offers holding appeal in a market favouring land-banked assets near quality state schools just 0.8km away. At an estimated $2.2 million, it positions competitively against recent off-market estimates nearby, like the $2.31 million for a larger 797sqm equivalent on the same street. While last sold in 2000, current listing momentum suggests it could draw quick offers from buyers eyeing rental potential around $1200 weekly. Overall, its locational attributes underpin resilient demand in this pocket.