Lot Deagon, Brisbane QLD
QLD, 4017$ 1,128,900
Overview
Property ID: LA-3900
- Rooming House
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 3
- Cars
- 248
Details
Updated on Nov 07, 2024 at 02:15 pm
Property Type: | Rooming House |
---|---|
Price: | $ 1,128,900 |
Land Price: | $ 525,000 |
Build Price: | $ 603,900 |
Gross Per Week: | $ 2,030 |
Gross Per Annum: | $ 105,560 |
Gross Yield: | 9.35% |
Capital Growth 12 Months: | 15.65% |
Capital Growth 10 Year Annualised: | 7.67% |
Vacancy Rate: | 1.12% |
Property Size: | 248 m2 |
Land Area: | 503 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 3 |
Title Status: | Titled |
Property ID: | 3900 |
SKU: | 2000 |
Description
This property shows an example lot & location. Due to high demand, lots are sourced for each client. To learn more and discuss the process, please submit a property enquiry.
Rooming House Properties
Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.
Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.
Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.
Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who priorities convenience, connectivity, and collaboration.
For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.
Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.
Why are rooming houses so attractive to investors?
– High Demand, rooms are in high demand, ensuring quick occupancy.
– Higher yields, often double compared to the suburb average.
– Diverse young professionals and older singles generally seek this accommodation category.
– Tax depreciation benefits from fixtures and fittings.
– Income security, with income flow even when one tenant moves out.
To view a digital walkthrough of one of our rooming houses please click here: https://my.matterport.com/show/?m=72karFTQtmR
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Documents
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.