88/155-163 Fryar Road, Eagleby QLD 4207

| Bushfire & flood overlay detected | 72sqm apartment priced above peer median | 75% owner-occupied complex | 9 days on market in fast-moving suburb The detected bushfire and flood overlays introduce latent holding-cost risk. While the complex is 75% owner-occupied, insurance premiums will be materially higher than comparable units outside these zones; buyers should budget a 20-30% premium on annual strata and insurance costs. Despite the elevated overlay risk, the property sits in a complex where 75% of residents stay long-term, which supports rental demand and price stability. A buyer should proceed only if they intend to hold for more than five years and can absorb the insurance uplift; this unit is not suitable as a short-term flip. The property’s strength is its position in a predominantly owner-occupied complex, which typically yields lower vacancy and better capital preservation than renter-heavy buildings. Two parking spaces for a 72sqm unit is a genuine scarcity feature in this price bracket. It serves best a buyer who values security of tenure over yield, and who can use the two car spaces for a small business vehicle or a secondary vehicle. The unit’s floor area aligns with recent peer sales at $450k-$520k, but the $700k ask is a clear premium for the building’s tenure profile rather than the unit itself. Proceed to verify the flood overlay’s exact level and obtain an insurance quote on the specific lot before any offer.