9 Selby Street Kallangur QLD 4503

Current asking price $929,000 | Estimated value $970,000 | 688sqm block | 36% building coverage This three-bedroom home on a 688-square-metre block suits families and investors seeking a modest-sized property with development potential in an established Kallangur location. The property sits comfortably within the mid-range of residential offerings in the area, positioned between the estimated valuation of $970,000 and the asking price of $929,000. The land size remains the most substantive feature here—large enough to accommodate the current single-storey footprint of 249 square metres while retaining meaningful outdoor space, which may interest buyers considering future extensions or alternative uses. The 36 percent building coverage ratio suggests the block has capacity for modest development, though any expansion would need to comply with local planning controls under Moreton Bay council jurisdiction. The property carries no bushfire, flood, or heritage overlays, removing significant constraints that typically affect property appeal and insurability in Queensland. The location performs well for families with school-age children, sitting within the catchment of Kallangur State School and Murrumba State Secondary College, both reasonably proximate. Infrastructure connectivity appears reliable, with NBN Fibre to the Premises and 5G mobile coverage in place. Properties of this configuration and size typically attract owner-occupiers prioritising space and affordability over premium finishes, alongside investors seeking rentals in the $675 per week bracket—a reasonable yield indicator for the price point. The property’s appeal rests substantially on its practical utility and holding potential rather than any particular prestige, which aligns with the broader Kallangur market where transaction activity centres on functional family homes and investment acquisitions. The current listing, having just entered the market in March, will likely test whether the modest asking premium to valuation holds buyer interest or requires adjustment.