48 Coronation Road, Boronia Heights QLD 4124

Fully fenced 600m² block | 33% coverage limits expansion | $635/week rent helps yield | 14 years since last sale The flat 600m² block with double rear gates supports a potential second dwelling or trailer storage, but the 33% building coverage and residential zoning impose clear constraints on development—adding a granny flat is feasible only if setbacks and site coverage allowances align. The 14-panel solar system and recent kitchen/bathroom updates reduce immediate capital spend, yet the long ownership period since 2012 means the buyer enters at or near peak suburb pricing. Hold for stable rental income if yield above 3.3% works, otherwise treat as a medium-term family home with modest upside from subdivision or rear access. What makes this property competitively rare is the combination of a lowset brick build, fresh interiors, and side access from a back street—features buyers pay a premium for in this submarket. The walk-in wardrobes across all three bedrooms and separate living area serve families needing functional space, while the under-40-day days on market signals steady demand. For an owner-occupier seeking a turnkey house in a catchment with 15% annual growth, this offers a stronger hand than comparable stock. To validate the investment case, request a building inspection and confirm council allowances for a second dwelling.