7 Booyong Drive, Mount Sheridan QLD 4868

Family-sized home | Mount Sheridan convenience | manageable 432m² block | rental yield potential mid-$700s This property offers a clear buying case for families and investors seeking a practical, low-maintenance house in a well-serviced suburban pocket. The four-bedroom layout on a 432m² block provides sufficient space without excessive upkeep, and the fully fenced site with a powered shed adds functional flexibility. Its proximity to Mount Sheridan Plaza and catchment for White Rock State School and Bentley Park College strengthens appeal for owner-occupiers, while the estimated rent of $735 per week supports a solid investment position. The absence of bushfire, flood, or heritage overlays removes common due-diligence concerns, and the 5G mobile coverage ensures connectivity without reliance on NBN as a prime driver. The primary risk is price positioning: the asking range of $800,000 to mid-to-high $800,000s sits above the estimated value of $767,000–$777,000, leaving limited immediate equity upside for a buyer. The 2007 sale at $390,000 indicates long-term capital growth, but the current market may not support further near-term appreciation at the higher end of that range. The property’s 20-year build age means systems and finishes may require updating, though no major defects are flagged. The opportunity lies in negotiating toward the lower end of the value estimate, securing a well-located family house with strong rental fundamentals in a stable Cairns suburb.