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Rooming House Package - 1155

  • Property Type:House and Land

  • Price:$ 1,390,900

  • Land Price:$ 821,000

  • Build Price:$ 569,900

  • Gross Per Week:$ 2,240

  • Gross Per Annum:$ 114,240

  • Gross Yield:8.22%

  • Property Size:200 m2

  • Land Area:600 m2

  • Bedrooms:5

  • Bathrooms:5

  • Parking:4

  • Title Status: Registered

  • Plan: Harwood - Lowset

EXPRESSION OF INTEREST RECEIVED

Lot 1155 - Boondall

Description

Location & Connectivity

  • Boondall is a northern suburb of Brisbane, located approximately 13.5 km north-east of the Brisbane CBD.

  • It is bounded by suburbs such as Sandgate/Shorncliffe to the north-east, Geebung and Virginia to the south, and lies close to Moreton Bay wetlands.

  • The area benefits from transport connectivity: it has access via the rail (Sandgate/Shorncliffe line) and major roads, and the natural amenity of the adjacent wetlands and bay-side fringe helps its lifestyle appeal. 

Demographics & Community

  • In the 2021 Census, Boondall had a population of 9,603 people, reflecting ~4.2% growth from 9,217 in 2016. 

  • The median age is about 37 years, which is slightly younger than or around the national/State median.

  • Family households are prominent: about 72.4% of households are family-type.

  • Cultural diversity: Around 68.7% of people were born in Australia in previous reports, and there is a mix of other nationalities/languages in the suburb. 

Housing & Households

  • Dwelling type: The majority of dwellings are separate houses on low to medium density blocks. 

  • Home ownership: A substantial portion of households are owner-occupied (though the exact percentage for Boondall in recent data may vary).

  • Household incomes: In 2016, about 16.1% of households had weekly incomes under $650, while ~13.8% had over $3,000. 

Property Market Snapshot

  • Houses: Recent data indicates median house sales around $958,000 in the past 12 months, up ~11.3% annually.

  • Units: Median unit prices around $750,000, with growth around ~7.1% annually.

  • Rental market:

    • For houses: Median rent about $650/week and gross yields around 3.7%.

    • For units: Median rent about $640/week and yields around 3.9%–4.0%. 

  • Market strength: One buyer’s agent report notes that from 2006 to 2024 the median house price rose from ~$320,000 to ~$900,000 in Boondall, indicating sound long-term growth.

Lifestyle & Amenities

  • Natural amenity: The suburb includes the significant Boondall Wetlands (more than 1,000 hectares of protected area), giving strong environmental/lifestyle appeal. 

  • Family friendly: With a strong family-household share and proximity to parks/green space, Boondall offers a suburban lifestyle.

  • Local services: It has access to shopping, transport and local schools though for certain levels (e.g., some secondary schooling) residents may travel to adjacent suburbs.

  • Connectivity plus value: Being north of the city, with good access and lifestyle appeal, it strikes a balance between convenience and cost compared to inner-ring suburbs.

Why Boondall Matters for Investors & Home-Buyers

  • Good growth potential: Historical growth is solid, especially given relative affordability compared to more premium suburbs.

  • Lifestyle drawcard: The combination of natural amenities, family-oriented housing, and decent connectivity makes it attractive to owner-occupiers which supports price stability.

  • Balanced investment option: For investors, while yields are modest (in the 3.5-4% range), the strong capital growth prospects may make it a compelling long-term hold.

  • Value entry: Compared to some suburbs closer to the city centre, Boondall may represent better value for house buyers wanting access to amenity and transport within Brisbane.

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 $30,000.00 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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