4 Kenny Court, Mount Ommaney QLD 4074
4 Kenny Court, Mount Ommaney QLD 4074
Bushfire overlay | five bedroom on large flat block | pool and separate wings | value estimate mid two million
The bushfire overlay introduces a non-trivial due diligence cost and potential insurance premium penalty; the concrete cost is the buyer’s ability to negotiate a risk margin into the final price without comparable evidence to anchor it. The 1,664mยฒ flat block with a 358mยฒ floor area and separate master wing provides a rare dual-living configuration in a tightly held suburb, enabling either intergenerational occupancy or premium rental segmentation at an estimated $1,560/week. This property should be held as a long-term family home where the overlay is managed through compliant landscaping and sprinkler retrofits, not traded short term.
Competitively, the combination of a lowsite house with a pool, three car spaces, and multiple living zones on flat land over 1,500mยฒ is scarce in Mount Ommaney; most comparable stock sits on smaller or sloped blocks. The wheelchair-friendly access and study adjacent to a master retreat with a walk-through robe serve a buyer who needs single-level amenity for aging family members or a permanent multi-generational layout. This property best suits a buyer who values a secure, fully fenced compound with separation of living zones and will accept the insurance uplift as a permanent cost of the land’s uniqueness.
Comparable sales from 2015 at $850,000 and a 2023 listing at 80 days unsold suggest a price range with downward pressure; the current $2,004,000 estimate sits above the lower end of the $1.72mโ$2.28m bracket, implying buyers should test for a discount via a pre-purchase bushfire risk assessment and insured rebuild cost report before offering. Arrange a private inspection with the agent and commission a level one bushfire attack level report to quantify the overlay’s financial impact on your holding cost.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Mount Ommaneyโs demand is driven by riverside lifestyle, established family housing, strong local schools and easy access to Centenary-area shopping and arterial roads, attracting ownerโoccupiers and upgraders. Buyers are typically chasing capital growth rather than yield because listings are scarce and stock turnover is low, so investors should view this as a longโterm growth play. The main risk is affordability and a narrow buyer pool that can slow transactions; the upside is continued upside from constrained supply and local amenity improvements, with prices broadly trending up over recent months .