59/202-206 Fryar Road Eagleby QLD 4207

Secure complex with pool | 2009 townhouse | Flood overlay risk | Strong rental demand This property presents a clear trade-off between internal amenity and external risk. The generous 295sqm internal area, three-bedroom layout, and complex pool offer strong livability and rental appeal, evidenced by consistent $590/week yields from comparable units. However, the identified flood overlay imposes a tangible, perpetual risk that will directly impact insurance premiums and future capital growth, constraining its appeal to a specific, risk-tolerant buyer segment. For a buyer, this unit is positioned as a hold-and-rent proposition within its secure complex, where the rental income can offset the carrying costs, but it is not a set-and-forget investment due to the environmental constraint. Its competitive strength lies in the scarcity of such large internal spaces within a townhouse format at this price point in Eagleby. The dual living zones, master ensuite, and single-level garage access create a practical family footprint that outperforms newer, smaller stock. This configuration serves the budget-conscious family or investor seeking high yield over speculative growth, effectively insulating the purchase with immediate tenant demand. The data confirms a stable valuation band within the complex. Given this balance of yield and risk, your next step is to quantify the flood premium through a specialist insurance quote to finalise your investment calculus. Comparable units in the complex show estimated values between $728,000 and $776,000, all achieving $590 per week in rent. This narrow band indicates a well-established market value for this specific building type and layout, providing you with a credible benchmark for your offer.