3 Burke Court, Mount Ommaney QLD 4074

Bushfire overlay on a 1024m² block | 1974 build with 8m roof height | 6.5kW solar but 2.5-2.9% rental yield | In-ground pool and indoor spa raising maintenance costs The bushfire overlay is a risk mechanism that restricts future extensions and raises insurance premiums by an estimated 20-30% annually; the 1974 build with a detected 8m roof height suggests poorer insulation and potential higher cooling costs, offset by the 6.5kW solar system. The in-ground pool and indoor spa add ongoing maintenance but create a lifestyle edge in a tight suburb market. This property holds best as a long-term family home rather than a rental play given the low yield. Its competitive strength lies in the 1024m² lot with 32% site coverage in a court location walkable to Jindalee State School, making it rare for multigenerational families seeking space without sacrificing convenience. The NE aspect with district views and NBN Hybrid Fibre Coaxial are supporting value adds that reduce living costs, serving buyers who prioritize occupancy quality over short-term returns. To secure this property before the auction, you should commission a bushfire risk assessment to quantify overlay costs and confirm build integrity from 2024 sale condition. The June 2024 sale at $1,450,000 and current estimate of $1,983,000 reflect 26.9-30% suburb growth in 12 months, aligning with median price of $1,846,000 and suggesting strong capital appreciation. This data supports a value position that the house has already absorbed initial post-sale price jumps, leaving room for stable family equity growth.