34 Clearwater Street, Newport QLD 4020

New coastal contemporary | 4 bed lowset on 400m² | FTTP & ducted air | Flood overlay present This property presents a competitively strong, modern residence in a growth corridor, appealing specifically to owner-occupiers seeking a turnkey, low-maintenance home. Its 205m² internal living area, contemporary finishes, and ducted air conditioning constitute a premium package for the area, serving a buyer prioritizing immediate comfort over a renovation project. The configuration, including a separate lounge and side access, offers functional flexibility for families. It is positioned within established school catchments, enhancing its family appeal. The primary decision factor is the flood planning overlay, a tangible risk that imposes potential future insurance costs and resale complexity, directly costing the buyer in both holding and exit scenarios. The lot coverage of 65% limits expansion. The commercial logic rests on acquiring a near-new build in a supply-constrained segment, but the premium over the estimated value requires justification. This property is a hold for the long-term occupant who can absorb the flood risk, not a short-term asset.