Rooming House Package - 1078

Description

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Location & Setting

• Distance from Brisbane CBD: Roughly 22–23 km southeast, nestled in Redland City along Moreton Bay.

• Character: A peaceful bayside suburb offering leafy streets, a mix of heritage and contemporary homes, canal estates, parks, and walking trails—ideal for family and lifestyle appeal. It also boasts historical attractions like Ormiston House and low-density, green-oriented surroundings.

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Demographics & Community

• Population growth: From ~5,793 in 2016 to 6,379 in 2021—a ~10% rise. 

• Median age: Around 47 years, notably older than Redland’s median of 43.

• Household makeup: Mostly couple families without children (~44%), overtaking those with children. Family households are dominant (~77%). 

• Homeownership: Strong owner-occupier base; ~41% own outright, ~35% hold a mortgage, and ~21% rent. Average household size: ~2.6–2.7 people.

• Affluence: Median household income is approx $1,913/week, ~3–4% above Greater Brisbane’s average. 

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Property Market Snapshot

Houses

• Median price: Around $1.26–1.29 million. 

• 12‑month growth: ~+5.6%; 5‑year growth averaging ~+13–14% annually. 

• 5‑year total change: +89% increase in house values.

• Days on market: Houses take about 24 days on average to sell.

• Rental: Median rent ~$750/week, yielding ~3.4%. 

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Units

• Median price: ~$755,000. 

• 12‑month growth: ~+20.8%; 5‑year average: ~+17.3% annually. 

• 5‑year change: Units up +108% over 5 years.ys on market: Around 24 days average. 

• Rental: Unit rent ~$600/week, yield around 4.2%.

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Other Market Insights

• Alternative sources show median house values up to $1.28 million, with 1-year growth of ~23%, yield of ~3.6%, and ~102 homes sold with ~28 days average time on market. 

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Fixed price inclusion list

• 4 x colour selection options

• 6-year structural guarantee

• 1 year material and workmanship from practical completion

• 120m2 of landscaping and 60 lineal meters of fencing included

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

• applicable)

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

• acoustic transmission

• Flush panel solid core door as entry to each studio

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

• Block out vertical blinds to all sliding glass doors

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

• Sliding mirror finish with an aluminium frame to wardrobes (including 4 x melamine

• bank of shelves and 2 x overhead melamine shelves with a single rail)

• Smoke detectors hard-wired with battery backup to comply with current legislation

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

• WELS rated chrome plated brass mixers throughout and ABS shower heads on chromeplated

• rails

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

• 1 x ceiling fan in the common area

• 2 x 250L electric hot water system

• 6 x digital door locks

• LED lights throughout

• Vitreous China toilet suites in each bathroom

• 13kw photovoltaic solar system

• Tiled shower niche for all showers

• Vanity units in each bathroom

• 2 x clotheslines

• 3-coat paint system

• Letterbox.

Optional furniture package for $28,000 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.

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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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