91 Raceview Avenue, Hendra QLD 4011

5 bed | 2024 build | 277 sqm floor | 412 sqm land | racecourse precinct This is a newer detached house in a suburb where most stock is older and smaller, which gives it a clear competitive edge for buyers who want modern finishes without a large land commitment. The 5-bedroom configuration is rare in this part of Hendra, and the compact 412 sqm lot keeps maintenance low while the 277 sqm floor area provides generous internal space. It best suits families or professionals who value proximity to the city and airport and prefer a turnkey property over a renovation project. The racecourse adjacency adds a lifestyle element that tends to attract a specific buyer willing to pay a premium for outlook and prestige. The land value estimate of $1.92 million against a $1.15 million purchase two years ago suggests strong underlying land appreciation, but the newer build means the structure itself has not yet aged into a discount. The 277 sqm floor size on 412 sqm of land indicates a relatively high site coverage, which may limit future extension potential without redesign. Racecourse frontage can be a double-edged sword — it offers views and cachet but may bring event-day traffic and noise that some buyers will factor into their offer. These elements should be weighed carefully when forming a view on price.