54 Wongara Street, Clayfield QLD 4011

Double block in established Clayfield | 1955 house with modern expansion | 3-bed, 3-bath, multi-living zones | Flood overlay present | Zoned for Aviation High This property presents a rare opportunity to secure a level double block in a tightly held inner-city suburb, a configuration that fundamentally underpins its long-term value. The extensive modern renovation, offering three bathrooms and multiple living areas including a study and workshop, creates a highly functional family home. Its position within the Aviation High catchment is a persistent demand driver, appealing directly to families seeking academic certainty. The scale of the improved building on a large parcel offers immediate utility and future flexibility. The primary decision mechanism is the flood overlay, which necessitates specific due diligence on insurance premiums and potential mitigation costs. The auction format adds transactional risk, requiring pre-approval and a firm strategy. This house is best held as a long-term primary residence, capitalising on its school proximity and land size, rather than a short-term investment. Our property advisory report would quantify the flood risk impact on valuation, provide a comparative sales analysis to establish your bidding limit, and detail locality-specific checks for this unique parcel.