Rooming House Package - 1113
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Property Type:House and Land
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Price:$ 1,219,826
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Land Price:$ 605,000
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Build Price:$ 614,826
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Gross Per Week:$ 2,050
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Gross Per Annum:$ 106,080
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Gross Yield:8.70%
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Property Size:200 m2
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Land Area:412 m2
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Bedrooms:5
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Bathrooms:5
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Parking:3
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Title Status:TBA
SOLD
Lot 1113 - Thornlands
Description
Location & Setting
Thornlands is a serene, coastal residential suburb in Redland City, located approximately 32 km southeast of Brisbane CBD, offering a peaceful lifestyle within reach of urban convenience. It borders Moreton Bay and features a mix of suburban housing and patchy rural land, particularly in its southern sections.
Demographics & Lifestyle
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Population: Around 19,263 residents, with a median age of 36, indicative of a family-oriented and more youthful demographic.
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Community profile: About 50.5% are couple families with children, and 34.2% are couples without children, reflecting a strong family presence.
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Household income: Median weekly household income is notably high at $2,218, suggesting an affluent community.
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Lifestyle appeal: Residents enjoy leafy streets, parks, coastal proximity, and family-friendly amenities—including respected schools and access to outdoor recreation.
Property Market Snapshot
Median Prices & Capital Growth
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Houses: Median sale price ranges between $1.02 million (CoreLogic) and $1.05 million (OpenAgent).
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Annual capital growth: Approximately 13.9%–14.1% year-on-year
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Rental Market & Yields
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Houses: Median rent spans $710–$740 per week, yielding around 3.8%–3.9%.
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Rental growth: House rents up 9.2%, unit rents increased 13.6% over the past year.
Supply, Sales & Market Dynamics
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Sales volume: In the past year, around 327 house sales.
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Days on market: Houses average 17–18 days, units 11–16 days—reflecting strong demand
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Long-term growth: Over the past 5 years, houses grew ~80%.
The following features are included in our rooming house packages:
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Truecore® steel frame & trusses backed by BlueScope 50-year structural warranty
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Fixed price inclusion list
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Exclusive rooming house Builder
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1 year material and workmanship guarantee from practical completion
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Proud member of the Housing Industry association (HIA); using the QC1 New Home Construction Contract
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4 x colour selection schemes created by an interior designer
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High-density wall insulation to internal perimeter walls of each ‘studio’ to assist with acoustic transmission
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Flush panel solid core door for the entry to each studio
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Quality Dulux 3-coat paint system
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6 x digital door locks (BLE & WIFI chips built in)
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1 x reverse cycle split system air-conditioner to each studio
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Emergency lighting and smoke alarm to comply with Class 1B legislation
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13kW photovoltaic solar system (connection to provider by owner)
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Hard-wired smoke detectors with battery backup to comply with current legislation
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Sliding mirror finish with an aluminium frame to wardrobes (including 4 x melamine bank of shelves & 2 x overhead
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melamine shelves with a single rail)
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2 x ceiling fans in each studio (one to the bedroom, one to the living room)
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1 x ceiling fan in the common area
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Barrier safety screens to all openable windows and sliding glass doors
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Tiled shower niche for all showers
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Concrete to driveway, crossover, car parking, patios, clothesline pads and paths (where applicable)
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Block out roller blinds to all openable windows (excluding the bathrooms)
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Block out vertical blinds to all sliding glass doors
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120m2 of landscaping and sixty (60) lineal meters of fencing
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WELS rated chrome plated brass mixers throughout
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ABS shower heads on chrome plated rails
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Vitreous China toilet suites in each bathroom.
INCLUSION HIGHLIGHTS
Optional furniture package for $28,000.00 fully installed & tenant-ready.
Furniture packages are designed to provide everything down to cutlery, ready for the tenants to move in, including:
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5 x 40 inch LED Smart TV’s
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5 x 223 Fridge/Freezer
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2 x top-load washing machines
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5 x studios of bedroom and living area furniture.
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1 x common area furniture finishings and cleaning appliances.
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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:
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Completed Expression of Interest (EOI) – Property Reservation Form
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Proof of holding deposit payment ($5,000)
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Copy of client’s finance pre-approval letter or comfort letter from their broker
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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.








