Rooming House Package - 1162

Description

​​

Location & Connectivity

• Morningside is an eastern suburb of Brisbane, located approximately 6–7 km east of the Brisbane CBD.

• The suburb is bounded by (or adjacent to) suburbs such as Balmoral, Hawthorne, Norman Park, and Cannon Hill. 

• Transport links: The suburb is served by the Morningside railway station on the Cleveland line. 

• Major roads provide connectivity to the city and surrounding suburbs.

​

Demographics & Community

• Population: Around 11,755 people in recent count.

• Average household size: about 2.3 persons per household in one data set.

• Weekly household income: One figure shows average around $2,280/week.

• Community profile: The suburb is popular with families, professionals and couples — mixture of established homes and newer developments.

​

Housing & Households

• Dwelling mix includes older “Queenslander” style homes, detached houses, and increasing numbers of modern apartments/townhouses.

• Owner-occupancy is significant, but given its proximity to the city and good amenity, there is also a strong rental and investment segment.

​

Property Market Snapshot

• Median sale prices (recent):

  • Houses: approx $1,300,000 in one dataset.

  • Units: around $815,000 as reported for the same period. 

• Rental market:

  • Median rent for houses: ~$720/week.

  • Median rent for units: ~$670/week.

• Gross yields:

  • Houses: ~ 3.16% in the data referenced.

  • Units: ~ 4.11% in that data set. 

• Growth Trends: Over 12 months one source shows negative growth for houses (~ -0.6%) and positive for units (~ +11.6%).

​

Lifestyle & Amenities

• Morningside offers a convenient inner-suburb location with relatively easy access to city amenities while retaining a relaxed residential feel.

• Local cafes, shops and community facilities are available; the suburb is described as “clean & green”, “safe and sound”.

• Good schooling options for families (primary schools within, secondary schools in neighbouring suburbs).

• Because of its location, you get a blend of convenience (city access) with suburban amenity (parks, quiet streets) which appeals to both professionals and families.

​

Why Morningside Matters for Investors & Home-Buyers

• Location premium: Being just a few kilometres from the CBD gives it strong appeal for both owner-occupiers and renters.

• Solid unit yields: Around ~4% for units gives a more favourable rental yield compared to many premium suburbs.

• Capital growth potential: Houses and units both sit in strong demand zones; even if house growth has slowed in recent data, the long-term structural advantages remain.

• Lifestyle drawcard: Close to transport, amenity, and city good for those wanting both convenience and character.

​

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.

​