64 Karome Street, Pacific Paradise QLD 4564

3-bedroom house on 546m² | flood overlay detected | 22% site coverage | auction 23 May This property offers a rare combination of a modestly sized house on a generous 546m² block with only 22% site coverage, giving a buyer significant future flexibility. The 120m² floorplan with split-system air conditioning, dishwasher and built-in robes is functional but not luxurious, and the fully fenced yard with outdoor entertainment area suits a family or downsizer seeking low-maintenance living near the Pacific Paradise State School. The 72% owner-occupied suburb with 64% long-term residents suggests stable demand, and the 0% auction clearance rate in the area is a cautionary signal rather than a deal-breaker—it points to price sensitivity that a well-prepared buyer can exploit. The flood overlay is the primary risk, and it will narrow the buyer pool and may affect insurance premiums and resale liquidity; ground elevation at 2m with 80% confidence detection means due diligence on historical inundation is essential. The 1,119,000 estimated value sits above the 990,000–1,000,000 recent sale at 78 Karome Street, so the listing price may need adjustment to attract bids. For a buyer comfortable with the flood overlay, the opportunity is to acquire a house on a large flat block in a tight street with limited turnover—hold for land value appreciation or eventually subdivide if council zoning permits.