8 Elder Parade, Collingwood Park QLD 4301

3 bed duplex on 164m² | Collingwood Park | auction May 16 | bushfire overlay present This property offers a rare configuration in a tight market—a modern duplex villa with three bedrooms and two bathrooms on a manageable lot, positioned back from the street for added privacy. The open-plan design, secure backyard, and outdoor entertainment area suit first-home buyers or downsizers seeking low-maintenance living without sacrificing space. Its proximity to WoodLinks State School and Collingwood Park State Secondary College adds practical appeal for families, while the 80% owner-occupied street signals stable demand. The bushfire overlay introduces a specific due diligence cost, potentially affecting insurance premiums and future resale appeal to risk-averse buyers. The 164m² lot limits expansion but keeps the property affordable relative to standalone houses nearby, where the median sale sits at $795k. A buyer should treat this as a hold-and-occupy or rent-hold property, leveraging its rental yield of around $635 weekly to offset holding costs while capital growth follows the broader Ipswich corridor.