40 Merlin Terrace, Kenmore QLD 4069

Bushfire overlay risk | 9 days on market | low density zoning holds | elevated north facing site The bushfire overlay on this property introduces a specific insurance cost and design constraint, not a dealbreaker, but it does reduce the buyer pool for a quick resale. The 678m² lot with only 39% building coverage leaves room for future expansion or a pool, and the north-facing elevation gives genuine thermal and light advantages that hold value. This is a hold property for a family who will stay for at least a decade, not a flip. What makes this house competitively rare is the combination of five bedrooms at this price point under $1.7M in a walkable Kenmore pocket with catchment schools, where most stock is four bedrooms or smaller. The built-in robes alarm system and vacuum system signal a property that was owner-occupied and maintained, which lowers deferred maintenance risk. It serves a growing family who wants a permanent base without renovating immediately. For a buyer ready to commit the bushfire overlay is a negotiating point not a stop sign