48-50 Tills Street Westcourt QLD 4870

Renovated 6-bed house | Corner block with pool | Flood zone location | High suburb supply The property’s primary risk is its confirmed flood zone location, which imposes higher insurance premiums and potential future resale constraints, directly impacting holding costs. Its renovation and scale present a clear opportunity for large or multi-generational households seeking space in a central suburb, but it must be purchased at a material discount to comparable non-flooded houses to justify the enduring risk. This property is suited to a long-term holder who can leverage its size while absorbing the flood-related costs. Its competitive strength lies in the rare combination of six bedrooms, a corner allotment, and a full renovation within this price segment, creating immediate functional utility that smaller Westcourt houses lack. The large decks, pool, and three-bay garage specifically cater to a buyer prioritizing private lifestyle space over location prestige. This house serves a large family or a buyer seeking a multi-purpose living arrangement more effectively than it serves an investor, given the flood overlay and current rental yield unknowns. Your next step is to quantify the exact insurance premium impact and define the appropriate price discount required to neutralise the flood risk, which we can model against non-affected comparables.