41 Highland Terrace St Lucia QLD 4067

5 bed 1 bath on 653m² elevated block |Listed $1.65-1.85m |Near Ironside school |Long-held since 1995|This five-bedroom house on a 653sqm block suits extended families or renovators drawn to established streets with school proximity. The single bathroom and two-car parking reflect its likely mid-century origins, offering solid bones for practical family living across two levels with leafy outlooks. Its 24% building coverage leaves ample scope for expansion on the north-facing lot, appealing to buyers who value land flexibility in a tightly held area. Positioned on Highland Terrace, it aligns with nearby sales like a 3-bed on 976m² at $1.715m, underscoring how larger blocks here command premiums despite modest improvements. Properties with similar five-bedroom configurations and renovation potential tend to attract multigenerational households or investors eyeing value-add plays. The elevated site at 25m avoids flood risks, bolstering its reliability in a suburb attuned to such attributes. Long-term holding appeal stems from the generous lot size amid scarcer supply, with estimates around $1.98m suggesting room for equity growth post-renovation. Market positioning favors patient owners over quick flips, given its 30-year hold and current guide well below peak valuations. This setup positions it firmly for buyers prioritizing land bank security in a blue-chip pocket.