9 Devlin Street Parkwood QLD 4214

Large family home on 848m² | Dual-level with pool & dual living | No flood/bushfire overlays | Catchment for Arundel State School This property presents a low-risk, high-utility holding for a family seeking space and function over immediate renovation. The absence of overlays removes significant due diligence costs, while the dual-level layout and established pool offer immediate utility without capital outlay. Its larger land parcel and five-bedroom configuration in a suburb of predominantly four-bedroom stock provide a scarcity premium, insulating against market shifts. Hold as a long-term family residence to capitalise on its inherent liveability and land value. Competitive strength lies in its scale and completeness within its price segment. The 848m² block, five bedrooms, and in-ground pool create a compound advantage rare for Parkwood, directly serving a family buyer who would otherwise trade location for size. The upstairs master suite and separate lower living zone offer flexible accommodation that supports multi-generational living or high rental appeal. This house serves a buyer prioritising immediate move-in readiness and long-term space over prestige positioning. Your next step is to pressure-test this functional advantage against newer stock in adjacent suburbs to quantify its true opportunity cost. Recent sales context shows 14 Inverness Way, a larger 5-bedroom home on 1093m², achieved a rental listing of approximately $962 per week. This supports the rental estimate for the subject property and underscores the achievable yield for sizable family homes in the area.