82 Blackwood Road Deagon QLD 4017

771m² block |3-bed cottage |Est. $1.07m value |Recent $860k sale | Flood overlay noted |Rental yield ~$745pw This three-bedroom house on a 771sqm lot suits first-home buyers or investors eyeing family-friendly cottage living with expansion scope. The generous land size relative to the 180sqm building footprint at 23% coverage offers substantial yard space for kids, pets, or future additions, setting it apart on a street of similar older homes. Its cottage-style character with modern touches like air conditioning and security screens appeals to buyers wanting low-maintenance comfort without full renovations. In a neighbourhood of established houses near Sandgate schools, it positions well for families prioritising secure, fenced outdoor areas over extra bathrooms. Properties like this, with single garage and bathtub-equipped bath, typically draw young families or downsizers who value practicality over luxury, often holding steady in Deagon’s market amid demand for larger blocks. Recent sale at $860k in early 2025 underscores quick capital growth, now estimated at $1.07m, reflecting land value uplift in a low-elevation flood zone that buyers weigh carefully. Similar 3-beds on 700+sqm lots here rent reliably at $745 weekly, supporting investor interest with solid yields. Long-term, the block’s size and school catchments provide holding appeal, even as flood risk tempers top-end pricing against renovated peers. Overall market behaviour shows these hold value through steady family turnover rather than speculative flips.