Queensland

Modern Queensland Buy with Impressive Upside

‍Purchased in October 2023 for $452,500, this near-new 4-bedroom home in Queensland stands as a smart addition to any growth-focused portfolio. Built in 2020 on a 406m² block, the property combines contemporary design with practical features that appeal to long-term renters.Factoring in a 12% deposit, $13,300 in stamp duty, $2,000 in legal fees, and standard due diligence costs, the entry point remained highly accessible. As of January 2025, it’s valued at $610,000—marking an impressive 32.6% capital growth.Leased at $560 per week, the rental income supports a robust cash-on-cash return of 173.53%, reinforcing both its cash flow and equity-building potential. With minimal maintenance expected due to its age, this home offers both stability and upside.

See the demographic, employment, and income insights of 665 residents living in the area, based on the Australian Bureau of Statistics 2021 Census data.

‍Most households are: Families

Population: 665

Most residents are: Renters

Median household income: $1,976 per week‍