5 River Gum Close, Mooloolah Valley QLD 4553

Flood overlay present | Mixed NBN type | Dual dwellings suit multi-family | Steep entry from $1.99m The flood overlay introduces a quantifiable risk to this property-adequate flood insurance will cost more and resale to cautious buyers may take longer. The clearance at $1.99m already sits above the $1.7m–$1.87m search band, meaning price negotiation is likely. The dual dwellings create a genuine opportunity for rental income or separate family living, structurally supporting value if the flood risk is disclosed and managed. This is a hold-and-use property, not a speculative flip. What is rare here is the 3,393m² lot with 18% site coverage, allowing substantial outdoor space without high maintenance. Six bedrooms and two separate dwellings give a buyer immediate options-intergenerational occupancy or dual income via one dwelling rented. The location in Mooloolah Valley offers school catchment and country proximity without the higher entry of coastal suburbs. This property serves best a family wanting separation of living or a buyer planning to hold long-term with rental assistance. The combination of flood overlay with dual-occupancy potential creates a rare contradiction-it narrows the buyer pool, but for the right buyer, the low site coverage and land size are hard to match locally. A prudent next step is a full flood risk assessment and estate planning for the dual dwelling use.