40 Randwick Avenue, Logan Reserve QLD 4133

Fire overlay | Flood overlay | New build | Land size risks The bushfire and flood overlays carry specific cost and insurability consequences–premiums may be 20-40% above standard and lenders may impose stricter conditions on loan approvals. the 404m² lot and 46% site coverage limit future extension potential, which constrains capital growth relative to larger blocks in the same suburb. The 2024 construction date means you avoid immediate maintenance but you pay a new-build premium of roughly 8-12% over resale stock, so near-term appreciation will be slower. This property works best as a hold-and-rent play, not a quick flip. What makes this house competitively strong is the modern floorplan with a separate rumpus room and ducted cooling–rare for entry-level family stock at this price point in Logan Reserve. The school catchment for Logan Reserve State School and proximity to the Islamic College gives it a built-in tenant pool for families. For a buyer seeking a low-maintenance, four-bedroom home with rental yield between 3.4% and 4.1%, this property delivers that edge over older stock in the suburb. To confirm your position, get two separate insurance quotes including bushfire loading and ask your lender about any overlay-related conditions before you exchange.