3 Garnet Street, Mountain Creek QLD 4557

Flood overlay detected | 57% site coverage reduces yard space | 205m² build on 361m² lot | Offers over $1,100,000 independent of value. The flood overlay introduces a known risk mechanism that may increase insurance premiums and limit future resale buyer pools, costing a buyer an estimated $1,200 to $2,400 annually in additional coverage. The 57% site coverage is high for a 361m² lot, leaving minimal outdoor space and reducing future extension potential, which lowers long-term capital growth prospects. The property is best held as a medium-term family home where the internal space and inclusions like outdoor entertainment area offset the yard constraint, provided flood risk is accepted and managed. This house is competitively positioned for its floor plan size-205m² is spacious for a standard 4-bedroom residence in this price tier-and the inclusion of air conditioning, built-in robes, and a courtyard directly supports family livability. The Brightwater precinct, with 62% owner-occupation and catchment to Mountain Creek State High School, offers stable demographic demand. The property serves a buyer seeking a turnkey family home with ready-made amenities, where the trade-off is accepting a tighter lot in a location with established school and community infrastructure. Review the flood mapping details with your solicitor and obtain a current insurance quote before proceeding; these steps will clarify the real cost of the identified risk and support a confident negotiation.