Rooming House Package - 1158

Lot 1158 - Indooroopilly

Description

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Location & Connectivity

• Indooroopilly is a riverside suburb approximately 7 km south-west of the Brisbane CBD.

• It is bounded in part by the Brisbane River to the south-east and has strong transport links: rail (Indooroopilly station on the Cleveland line), major roads including the Western Freeway/Moggill Road corridor.

• The suburb features a major retail hub the Indooroopilly Shopping Centre which is an anchor for the local area.

Demographics & Community

• According to the 2021 Census, Indooroopilly had a population of 13,430 people.

• Median age is 33 years, which is younger than many suburbs, reflecting a strong presence of students/professionals.

• Median weekly household income is about $2,070.

• The area has a high affluence profile: the affluence score is around 91.5 %, with about 67.4 % middle class, 8.1 % upper class.

• It is a mixed community: professionals, families, students (proximity to the University of Queensland at St Lucia), and long-term residents.

Housing & Households

• Housing stock consists of a mix: detached houses (often on larger blocks, older “Queenslander” style) and an increasing number of medium-density developments (townhouses, apartments) especially closer to the rail/retail precinct.

• In 2021: Average persons per household ~2.5.

• A substantial portion of dwellings are owner-occupied, though there is also a significant rental component given the student/professional catchment and proximity to transport/retail. For example, 41.15% live in rental accommodation (for SA2 area).

Property Market Snapshot

• Houses: Median sale price data range widely depending on source and time-period. Some recent figures: around $1.54 million for houses.

• Some data show a median house price of ~$1.82 million based on ~97 sales in past 12 months.

• Units/Townhouses: Median unit price around ~$810,000 per latest data.

• Rental yields: Houses: very modest (~2.5-3%), units: somewhat better (~4%). For example: median rent ~$660/week for units yielding ~4.1%.

• Capital growth: The suburb has seen positive growth though the magnitude varies across data sets. Some sources cite ~12–16% annual growth for houses/units.

Lifestyle & Amenities

• Indooroopilly offers leafy, elevated terrain in parts, riverside views, established trees, and a combination of suburban quiet with close proximity to city amenities. 

• The major shopping centre, multiple cafés/restaurants around the rail station precinct, strong schools, parks and recreational amenities (including golf) are features.

• The suburb rates highly for livability: one profile rated it “29th best Brisbane suburb to live in” with a 9.2/10 score based on resident reviews.

Why Indooroopilly Matters for Investors & Home-Buyers

• Quality location: Close to CBD (~7 km), major transport links, retail and education.

• Strong capital growth potential: Premium suburb status means potential for capital appreciation.

• Lifestyle drawcards: Good amenities, strong schools, mixed housing types appeal both to families and downsizers/professionals.

• Rental demand: Given proximity to UQ and public transport, rental demand is solid though the yield for houses is low so investor focus may lean more capital growth than yield.

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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.

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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.

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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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