82 Ellen Street, Woody Point QLD 4019

Flood overlay | high building coverage | 303m² block | 8 days on market | upstairs study potential The property sits within a flood overlay on a 303m² block with 69% building coverage, which compresses future extension potential and may increase insurance premiums for any buyer. The 210m² floorplan over two levels, including a study and separate outdoor entertainment area, gives functional space that offsets the land constraint. Buyers should treat this as a finished family home rather than a value-add project, given the minimal room for structural change. For the right buyer, the 2015 renovation history and current condition remove immediate capital expenditure, while the primary school catchment within 1.1km and reliable NBN support family living without surprises. The property suits owner-occupiers seeking lock-and-leave convenience in Woody Point, where 65% of Ellen Street properties are owner-occupied, suggesting stable neighbours rather than investor turnover. With local 3-bedroom houses sitting on market for 21 days on average, and this listing just 8 days in, there is room to negotiate without urgency. Considering the flood overlay and high site coverage, your next step should be a property inspection to assess internal damp-proofing and check the council’s specific flood level data for this lot before making an offer.