79 Griffey Street, Burdell QLD 4818

Well-priced 4-bedder with study | patio under roof | low flood risk | motivated seller | good rental yield The buying case rests on a rare combination of configuration and price advantage. At $735,000 with a motivated seller, this house sits below estimated value in a market where four-bedroom homes with a separate study, theatre room, and two living zones are scarce under $800,000. The 43% building coverage leaves usable outdoor space, and the large tiled patio under the main roof extends living area without additional cost. The property suits a family seeking a long-term home with strong school catchment access, or an investor targeting a 4.58% rental yield from a proven rental history. The primary risk is the detected flood zone, which may affect insurance premiums and resale liquidity in a soft market. However, the 9-metre ground elevation and absence of bushfire or heritage constraints limit downside. The July 2021 purchase at $355,000 shows strong capital growth, but the current price reduction signals urgency. The buyer should negotiate hard on the motivated seller, secure a building and pest inspection with flood overlay check, and hold for at least five years to amortise transaction costs. Use as a family home with optional rental income from the separate theatre room conversion.