32-36 Gleeson Street, New Beith QLD 4124

Large 3785sqm block | 5-bed home with pool and solar | Bushfire overlay flagged | Rare acreage in established suburb This property offers something increasingly scarce in the New Beith market: a genuinely large 3785sqm lot with a substantial 381sqm home, all within a suburb where 95% of residents are owner-occupiers and median days on market sit at just 28. The 10% site coverage means significant room for future expansion or subdivision potential, while the detected solar and pool reduce ongoing holding costs. For a buyer seeking a long-term family compound or a patient land banker, the configuration gives you both immediate livability and latent land value that most newer estates cannot match. The bushfire overlay is the primary risk here—it may increase insurance premiums and limit certain development approvals, and any buyer should commission a formal bushfire assessment before exchanging. The property’s last sale in 2015 for $289,000 shows extreme land appreciation, but that also means current pricing may already reflect future upside. Rental yield at roughly 2.5% is too low for an investor; this is a hold-for-capital-growth proposition. The absence of flood or heritage overlays is a plus, and FTTP NBN adds a practical edge for remote workers. Buy this for the land, not the house, and budget for a full building inspection given the age of the structure.