4 Magnetic Street, Burpengary East QLD 4505

5-bedroom new build in North Harbour Estate | 49% site coverage | flood overlay detected | 100% owner-occupied street This property occupies a rare position in the market as a modern five-bedroom home on a 467-square-metre lot in a street with full owner-occupancy, which typically supports stronger long-term value retention and quieter neighbourhood dynamics. The 49% building coverage is unusually efficient for a new build, leaving usable outdoor space for a family with children, while the solar panels and fibre internet add practical running-cost advantages. The house is best suited to a buyer seeking a turnkey family home in a growing estate with direct catchment access to Morayfield East State School and Burpengary State Secondary College, and with no rental properties on the street the buyer can expect a stable local demographic profile. The detected flood overlay is the primary risk and should be verified through a full due diligence check, as it may affect insurance premiums and future resale appeal despite the property being built in 2023 to modern standards. The lack of recent comparable sales on Magnetic Street and the limited rental data mean the buyer has less transactional transparency, but this also reduces the chance of overpaying against a thin benchmark. The property has been on market for only seven days, which suggests the seller may still be testing price expectations rather than under pressure, so a patient negotiation approach is advised.