50 Monash Way, Ooralea QLD 4740

Flood overlay detected | 4.44% yield unlikely above $899k | 50% site cover caps expansion | pool demands upkeep cost The flood overlay is the primary risk mechanism here, costing a buyer both higher insurance premiums and a narrower resale pool it also introduces latent holding cost uncertainty. The 50% building coverage ratio means any future extension or secondary dwelling is structurally off the table. On opportunity the 883m² block in a cul-de-sac with NBN FTTP and solar gives this property a solid rental income floor at $810 per week which translates to a 4.7% yield if negotiated closer to the $899k asks not at the $950k valuation. This is a hold-for-income property at the right price a weak speculation buy at the current ask. This house is competitively rare for its five-car capacity and the cabana-style pool setup which together serve a buyer who needs both family amenity and equipment storage in a quiet pocket of Ooralea. The separate theatre room and master with walk-in robe suit a professional couple or young family prioritising zoning over land banking. For a buyer seeking a turnkey rental with a 4.4% gross yield and minimal vacancy risk from the Mackay rental market this property performs best as a hold not a flip given the hazard overlay. With the flood risk priced in and rental yield verified, a buyer should commission a full insurance quote for this overlay before any offer this cost will determine if the numbers actually work.