96 Parkwood Boulevard, Parkwood QLD 4214

Large family home on expansive lot | Prime Parkwood location | No overlays | Strong rental potential | Solar and pool This property presents a compelling opportunity as a substantial, low-risk family home in a tightly held street. Its five-bedroom, three-bathroom configuration on a near-800 square metre block is a rare offering for the area, providing immediate functional superiority over the more common four-bedroom houses that dominate recent sales. The absence of bushfire or flood overlays removes significant insurance and due diligence hurdles, while the established solar panels and pool add tangible value for owner-occupiers and enhance rental appeal. The demographic data indicates a balanced, multi-generational neighbourhood, and the street’s high rate of long-term ownership suggests a stable, settled community, which is a positive indicator for capital preservation. Proceed with the understanding that the primary risk is pricing against inconsistent data, specifically the variance reported in bathroom count and parking, which must be physically verified. The commercial opportunity lies in leveraging its size and flexible layout for extended family living or to capture strong rental yields, with the suburb’s 48-day median market time for comparable houses indicating solid demand. The decision hinges on confirming a price within the lower half of the estimated range; at a premium, you are paying for land size and scarcity, which is justifiable only for a long-term hold. For a buyer, this house is best acquired as a permanent family base with inherent income flexibility, not as a short-term proposition. Recent sales on Parkwood Boulevard provide a clear benchmark: – 9 Parkwood Boulevard: $1.17m for 4 beds, 2 baths, 2 cars. – 98 Parkwood Boulevard: $1.065m for 4 beds, 2 baths, 2 cars. – 44 Parkwood Boulevard: $1.05m for 4 beds, 2 baths, 2 cars. – 115 Parkwood Boulevard: $835k for 3 beds, 3 baths, 2 cars. This history demonstrates that this five-bedroom home, with its larger land holding and additional bathrooms, should command a justifiable premium. The sales progression supports a realistic value expectation towards the upper end of the provided range, contingent on verified condition and finishes.