47 Hardy Road, Wellington Point QLD 4160

4 bed potential | 677m² block | Wellington Point growth | off-market opportunity This property presents a rare configuration edge for Wellington Point,the discrepancy between 3 and 4 bedroom listings suggests either a flexible floorplan or a permitted conversion that could unlock higher valuation. At an implied $1.46-1.54m, it sits below the replacement cost for a 4-bedroom house on a 677m² block in this corridor, making it competitively positioned against newer builds. The low-density zoning and strong childcare infrastructure serve families seeking long-term hold rather than flipping. For a buyer willing to verify the bedroom count, this is a value play on square meterage in a suburb with 1.6% annual growth and rental yield above 3%. The principal risk is the bedroom count ambiguity,if it is genuinely 3 beds, the property is priced at a premium to the suburb median of $853,000, and the buyer would be paying for land rather than livable space. The 2011 purchase price of $555,000 implies significant paper growth, but without recent comparable sales on Hardy Road, the valuation relies on extrapolated per-square-meter data that may not reflect current buyer appetite. Off-market status reduces competition but also removes price discovery. The opportunity is to negotiate below the $1.46m Domain estimate, using the bedroom uncertainty as leverage. Hold for at least 5 years to capture the suburb’s steady appreciation, or rent at 3.1% yield if cash flow is the priority.