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Rooming House Package - 1150

  • Property Type: House and Land

  • Price:$ 1,294,200

  • Land Price:$ 730,000

  • Build Price:$ 564,900

  • Gross Per Week:$ 2,170

  • Gross Per Annum:$ 110,670

  • Gross Yield:8.55%

  • Property Size:195 m2

  • Land Area: 384 m2

  • Bedrooms:5

  • Bathrooms:5

  • Living: 6

  • Parking: 2

  • Plan Name : CUSTOM

  • Plan Design : Lowset

  • Suburb : Wynnum West

  • Title Status: Registered

Lot 1148 - Bald Hills 4036

Description

Introducing a high-performing investment opportunity in Bald Hills, QLD 4036, delivering an ideal balance of affordability, yield, and growth. Imagine a new house and land package (approximately 200 m² of living on a 584 m² lot) producing a gross rental yield of around 8.02%, significantly outperforming the area’s traditional housing yield of about 4.2%.


Bald Hills continues to record steady annual capital growth near 7% and maintains exceptionally low vacancy rates, driven by strong rental demand from families and professionals seeking value within commuting distance of Brisbane’s CBD.

Location & Suburb Overview

Bald Hills is Brisbane’s northernmost suburb, positioned approximately 20 km north of the CBD. It enjoys excellent connectivity via the Gympie Arterial Road, Gateway Motorway, and Bruce Highway, linking directly to major employment zones and the Sunshine Coast.


Public transport is a major strength — the Bald Hills railway station provides efficient access to the city, while nearby bus services and local amenities make it a convenient and well-connected suburb for both residents and tenants.

Demographics & Lifestyle

With a population of around 6,500 residents, Bald Hills is a family-centric community characterized by affordable housing, good schools, and quiet residential streets. The median age is in the mid-30s, reflecting a balanced mix of young families and long-term residents.


Locals value the suburban lifestyle with city convenience, supported by nearby retail at Strathpine Centre, Bracken Ridge Plaza, and Aspley Hypermarket, as well as excellent access to sporting facilities, parklands, and the South Pine River recreation corridors.

Property Market & Growth​

  • 12-month capital growth: Around 6.5–7.2%.

  • Rental yield: Houses average 4.1–4.3% (median rent ≈ $560 pw); new or high-yield designs such as rooming or co-living configurations can achieve 7.5–8.2%.

  • Days on market: Typically 20–24 days, showing consistent buyer competition.

  • Vacancy rate: Below 1%, reflecting tight rental supply and sustained occupancy stability.

Local Amenities

Bald Hills provides convenient access to schools (Bald Hills State School, St Paul’s School), childcare centres, and community services, while major shopping and healthcare facilities are minutes away in Strathpine and Chermside.


The suburb’s family-friendly parks, playgrounds, and riverfront walking trails add to its appeal, and proximity to the University of the Sunshine Coast Moreton Bay Campus and Brendale industrial precinct underpins strong tenant demand.


With its combination of affordability, access, and future growth, Bald Hills represents a resilient investment location within the northern Brisbane corridor.

Inclusion Highlights

  • ​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 $33,500 fully installed and tenant-ready.

The furniture package is designed to provide everything down
to knives and forks ready for the tenants to move in.

 

  • 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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