5 Cross Street, Edmonton QLD 4869

5 beds on corner block | pool & 4 car spaces | 711m² lot | above-average rental yield This property presents a competitively strong configuration for its suburb, combining a five-bedroom layout with substantial outdoor living amenities on a large corner block. Its size and inclusions, including the pool and multiple living areas, position it for family occupancy or rental appeal in a market where such inventory is limited. It serves buyers seeking a long-term hold with immediate utility, capitalising on its scarcity value against typical three-to-four bedroom stock in Edmonton. The decision hinges on accepting the operational costs of maintaining a pool and larger land area against the premium these features command in rent and eventual resale. The absence of overlays mitigates regulatory risk, while the stable residential zoning supports its holding profile. Acquire this property to occupy or lease, as its configuration justifies a premium over standard lots, but budget for the upkeep its amenities require. A direct comparable sale exists for this property itself, having transacted in May 2022 for $490,000. The absence of other recent sales on its street underscores the rarity of its configuration in the immediate locale, making value assessment reliant on broader suburb benchmarks. This historical price anchors its growth trajectory, suggesting significant equity accumulation if current value estimates are accurate.