5 Riley Court, Windaroo QLD 4207

Corner block with street appeal | Fully renovated 1990s house | Flexible open-plan layout | Potential fourth bedroom or home office This property presents a competitively strong offering due to its fully renovated condition on a spacious corner block, a combination that is rare in the current Windaroo market. The modernised interior with multiple living zones and the potential for a flexible fourth space serves a buyer seeking a move-in ready family home with room to adapt. Its position above the median price is justified by these premium features and the larger-than-typical land size, catering specifically to those valuing space and contemporary finishes over a basic project. Proceed with a clear assessment of the flood overlay, which necessitates specialised insurance and may impact future finance and resale. The asking price commands a significant premium over the estimated value, so commercial logic requires negotiating firmly against the last comparable sale from 2020, which is now outdated. This house is best purchased as a long-term family hold to absorb the renovation cost premium. Our analysis can precisely benchmark this property against genuine recent sales and detail the specific locality risks and insurance implications of the flood overlay.