31/35 Clarence Street, Calamvale QLD 4116

Modern three-bed townhouse | Calamvale catchment | Bushfire and flood overlay | Freshly painted throughout This property’s competitive edge lies in its location within the Calamvale Community College catchment and its recent cosmetic refresh, which eliminates immediate renovation work for a buyer. The internal access double garage and separate upstairs living area are uncommon in this price tier and improve both family functionality and rental appeal. It is best suited to a first-home buyer or investor targeting the $625–$750 per week rental bracket, where demand remains strong given the suburb’s 14.7% growth and quick 15-day average turnover. The dual overlay risks,bushfire and flood,are the primary cost to a buyer, potentially increasing insurance premiums and limiting future resale buyer pools. However the property’s position within a well-maintained complex and its low-maintenance courtyard reduce ongoing holding costs. The absence of heritage overlays and Brisbane City Council jurisdiction provide straightforward approval pathways for any future modifications. Hold this property for medium-term capital growth driven by catchment demand, or use it as a reliable rental with yield near 3.8%.