61 Friend Street, Wakerley QLD 4154

Quiet cul-de-sac | Modern 2008 build | Compact floorplan | Bushfire overlay | Strong rental appraisal This property presents a competitively strong, low-maintenance home in a tightly held cul-de-sac position, appealing directly to downsizers or professionals seeking modern convenience. Its recent renovation, solar panels, and ducted air conditioning deliver immediate livability, while the configuration and rental appraisal signal clear investor suitability. The house best serves an owner-occupier valuing peace and proximity to village amenities, or an investor securing a quality tenant with minimal upkeep. The primary decision mechanism is the bushfire overlay, which imposes potential insurance premiums and construction compliance costs, directly impacting holding expenses. Offsetting this is the substantial equity gain since its 2023 sale, demonstrating strong capital growth in the locale. Acquire this as a long-term hold for lifestyle or portfolio stability, given its rental demand and modern build reduce typical maintenance drag. Proceed with a specific overlay due diligence clause. The property sold for $820,000 in June 2023. This rapid appreciation underscores the area’s growth trajectory and supports the current price expectations, indicating a market that values modern, turnkey homes in quiet positions.