50 Renecol Avenue, Rasmussen QLD 4815

Two-storey family house | 878sqm block with shed | Renovated bathroom upstairs | Flexible downstairs living zone | Flood overlay present The competitive strength of this property lies in its two-storey configuration on a large 878sqm block, which is uncommon in this price bracket. The renovated bathroom and flexible downstairs living area, suitable as a kids’ retreat or home office, create a layout that serves families well. The large yard and shed add practical value, and the property’s position in a family-friendly suburb with strong local sales activity suggests demand is steady. This house is best suited to a buyer seeking space and flexibility without moving into a higher price tier. The flood overlay is the primary risk, potentially affecting insurance costs and resale appeal, though no recent flood events are noted. The recent sale at $475,000 and current listing above $569,000 indicate price growth, but the estimated value of $586,000 suggests limited upside at the ask. The rental appraisal of $620–$650 per week offers a solid yield if holding. Use this property as a long-term family home or a rental investment, but negotiate firmly given the flood risk and recent sale history.