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Rooming House Package - 1141

  • Property Type:House and Land

  • Price:$ 1,403,400

  • Land Price:$ 745,000

  • Build Price:$ 658,400

  • Gross Per Week:$ 2,220

  • Gross Per Annum:$ 113,220

  • Gross Yield:8.07%

  • Property Size:236 m2

  • Land Area:300 m2

  • Bedrooms:5

  • Bathrooms:5

  • Parking:2

  • Title Status: February

  • Plan: Glebe

Lot 1141 - Wynnum

Description

Location & Connectivity

  • Wynnum is a coastal suburb in the City of Brisbane, Queensland, situated approximately 15 km east-north-east of the Brisbane CBD.

  • It lies along the shores of Moreton Bay and benefits from bayside vistas and a relaxed seaside village-feel.

  • Well-connected by transport: the suburb has rail access (via the Cleveland line) and road links to Brisbane’s inner suburbs.

Demographics & Community

  • According to the 2021 Census, Wynnum had a population of 14,036 people.

  • The median age is approximately 43 years, which is somewhat higher than the Greater Brisbane average.

  • Birthplace and language: About 73.7 % of people were born in Australia.

  • Income: The median household income is around $1,882 per week.

Housing & Households

  • Dwelling types: Approximately 71.4 % of dwellings are houses, with the remainder being semi-detached, apartments or other types.

  • Ownership: Outright home ownership stands at about 28.7 %, with ~36.2% mortgaged and ~35.1% rented.

  • Median weekly rent for dwellings is about $400/week, slightly below some Brisbane averages.

Property Market Snapshot

  • Recent median property price for houses: approx $1.25 million.

  • Median price for units: around $750,000.

  • Rental yields: Houses yield around 3.1%; units yield near 3.9%.

  • Annual growth: Houses ~4.17% over the past year; units ~11.11% in the same period. 

Lifestyle & Amenities

  • Wynnum offers a leafy, bayside lifestyle, with parks, foreshore walks and access to Moreton Bay for recreation. 

  • The area is described as “friendly … with a country atmosphere with all conveniences right at your doorstep” including schools, shops and transport.

  • Popular features: jetty, tidal wading pool, foreshore barbecue/park facilities.

Why Wynnum Matters for Investors & Home-Buyers

  • Capital growth potential: While houses are already at higher price points, units appear to be showing stronger growth in the recent term.

  • Lifestyle drawcard: Bayside, coastal appeal with good amenities may attract both owner-occupiers and renters.

  • Stable community: A significant share of owner-occupiers and a family-friendly feel give resilience during market cycles.

  • Yield trade-off: Yields are modest given property price levels investors should be aware of rental yield versus capital growth balance.

The following features are included in our rooming house packages:

  • Truecore® steel frame & trusses backed by BlueScope 50-year structural warranty

  • Fixed price inclusion list

  • Exclusive rooming house Builder

  • 1 year material and workmanship guarantee from practical completion

  • Proud member of the Housing Industry association (HIA); using the QC1 New Home Construction Contract

  • 4 x colour selection schemes created by an interior designer

  • High-density wall insulation to internal perimeter walls of each ‘studio’ to assist with acoustic transmission

  • Flush panel solid core door for the entry to each studio

  • Quality Dulux 3-coat paint system

  • 6 x digital door locks (BLE & WIFI chips built in)

  • 1 x reverse cycle split system air-conditioner to each studio

  • Emergency lighting and smoke alarm to comply with Class 1B legislation

  • 13kW photovoltaic solar system (connection to provider by owner)

  • Hard-wired smoke detectors with battery backup to comply with current legislation

  • Sliding mirror finish with an aluminium frame to wardrobes (including 4 x melamine bank of shelves & 2 x overhead

  • melamine shelves with a single rail)

  • 2 x ceiling fans in each studio (one to the bedroom, one to the living room)

  • 1 x ceiling fan in the common area

  • Barrier safety screens to all openable windows and sliding glass doors

  • Tiled shower niche for all showers

  • Concrete to driveway, crossover, car parking, patios, clothesline pads and paths (where applicable)

  • Block out roller blinds to all openable windows (excluding the bathrooms)

  • Block out vertical blinds to all sliding glass doors

  • 120m2 of landscaping and sixty (60) lineal meters of fencing

  • WELS rated chrome plated brass mixers throughout

  • ABS shower heads on chrome plated rails

  • Vitreous China toilet suites in each bathroom.


Optional furniture package for $30,000 fully installed & tenant-ready
Furniture packages are designed to provide everything down to cutlery, ready for the tenants to move in, including:

  • 5 x 40 inch LED Smart TV’s

  • 5 x 223 Fridge/Freezer

  • 2 x top-load washing machines

  • 5 x studios of bedroom and living area furniture.

  • 1 x common area furniture finishings and cleaning appliances.

  • All appliances, cooking, crockery and cutlery.

Disclaimer
Images are for illustrative purposes only and may depict items, finishes, or features not included in the stated price.

 

All property information, pricing, specifications, and availability details have been provided by third parties and are subject to change without notice. While every effort is made to ensure accuracy at the time of publication, no guarantee, representation, or warranty (express or implied) is given as to the accuracy, reliability, or completeness of the information. Prospective purchasers must conduct their own enquiries and seek independent legal, financial, and building advice prior to entering into any contract.

Reservation Requirements:

  1. Completed Expression of Interest (EOI) – Property Reservation Form

  2. Proof of holding deposit payment ($5,000)

  3. Copy of client’s finance pre-approval letter or comfort letter from their broker

  4. Copy of client’s valid identification

Furniture Pack:
A standard furniture pack is available (details attached). Supply and installation cost is $28,000.00 INC GST. This is not included in the build contract price and will be invoiced separately at the fixing stage of construction. The furniture pack is supplied by a third-party provider and may be subject to availability or specification changes.

Availability:
Lot/unit availability is subject to confirmation at the time of enquiry. Availability can change without notice. Please contact us by email or phone to verify current availability before proceeding.

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Elev8 Property Investments

Sandgate QLD 4017

Aspley QLD 4034

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