admin

Carina Heights Suburb Profile

Carina Heights Suburb Profile

Carina Heights is a residential suburb located approximately 8 km southeast of the Brisbane CBD, within the City of Brisbane. It is adjacent to the suburbs of Carindale, Camp Hill, and Holland Park.

Carina Heights is expected to continue growing in popularity, with ongoing infrastructure developments and increasing demand for housing in the area. The suburb’s close proximity to the city, combined with its desirable living conditions, makes it a promising area for both homeowners and investors.

Demographics

In 2011, the population of Carina Heights was approximately 6,106. It has a diverse population, around 55% of households in Carina Heights are owner-occupied, with a mix of families, professionals, and retirees. The suburb has seen steady population growth due to its proximity to the city and appealing suburban lifestyle.

Amenities & Lifestyle

Shopping & Dining: Carina Heights is close to the popular Westfield Carindale shopping centre, offering a wide range of retail, dining, and entertainment options.

Parks & Recreation: The suburb is home to several parks, including Whites Hill Reserve, which offers walking trails, picnic areas, and sporting facilities.

Transport: Carina Heights is well-serviced by public transport, with regular bus services connecting the suburb to the Brisbane CBD and surrounding areas.

Dorrington Park

School

Carina Heights is located within the catchment areas for several well-regarded schools. For primary and secondary education, Whites Hill State College serves students from Prep to Year 12, while some parts of the suburb fall under the Carina State School catchment for primary years. For secondary education, Cavendish Road State High School is another popular option. In addition, there are nearby private schools such as San Sisto College and St Martin’s Catholic Primary School, offering more schooling choices for families in the area.

Whites Hill State College
San Sisto College

Employment and Ownership/Rental Ratio

The size of Carina Heights is approximately 3.4 square kilometres. It has 10 parks covering nearly 36.3% of total area.ย  The predominant age group in Carina Heights is 20-29 years. Households in Carina Heights are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Carina Heights work in a professional occupation.

Most residents commute to the city centre for work. Major local employers include Westfield Shopping Centre, Griffith University (Mount Gravatt campus), and Greenslopes Private Hospital.

In 2011, 54.7% of the homes in Carina Heights were owner-occupied compared with 53.1% in 2016. (source: Australian Bureau of Statistics) Most areas in Carina Heights are quiet and surrounded by greenery. However, properties close to Westfield Carindale and major roads (Old Cleveland Road, Creek Road, Pine Mountain Road, and Winstanley Street) may experience noise issues. Additionally, as some parts of the suburb may be prone to flooding, buyers are advised to check the Brisbane City Councilโ€™s flood maps before purchasing.

ย 

Types of Homes and Typical Land Sizes

Carina Heights features a variety of housing types, including traditional free standing houses, townhouses, and some apartment complexes. The suburb is known for its classic Queenslander-style homes and modern low-set brick houses.

Common land sizes for properties in Carina Heights typically range between 400 to 800 square meters for free standing houses. Larger blocks of land, especially for older homes, can exceed 1,000 square meters, while townhouses and units are generally on smaller lots with shared amenities. The spacious lot sizes and green surroundings contribute to the suburban appeal of the area.

Queenslander-style homes
low-set brick house

Carina Heights Property Market Performanceโ€‹

Houses: The median price for free standing houses in Carina heights is $1,408,000. House prices have been steadily increasing, with demand from both owner-occupiers and investors. Houses are highly sought after, especially those on larger blocks. It has increased by 22.43% over the past 12 months. Over the past 3 years, house prices have risen by 43.24%.

Townhouses and Apartments: The median price in Carina Heights is $810,000. It has increased by 18.68% in the last 12 months, and increased by 46.9% over the past 3 years .

Market Performance:

  • Average Days on Market: 18 days for houses, 27 days for townhouses and apartments.
  • Average Sale Price: Houses typically sell for around 5.3% below the asking price.
  • Auction Clearance Rates: 48%ย 
  • Rental Yield: Average rental yield for houses is 3.2%, with an average rent of $680 per week; for townhouses and apartments, the yield is 4.3%, with an average rent of $600 per week.
  • Rental Vacancy Rate: Approximately 1.75% in Carina Heights.

Join Carina Heights’s community Facebook page (click here) to learn more about the area.

Looking to buy in Carina Heights? Weโ€™re here to help! Feel free to contact our Carina Heights buyer’s agent for assistance.

Data updated on Sept 2024

Carina Heights Suburb Profile Read More ยป

Ashgrove Suburb Profile

ASHGROVE SUBURB PROFILE

Brisbane QLD 4060

A buyer's guide to living, investing and buying property in Ashgrove

LOCATION

Where is Ashgrove?

Close to Brisbane, with an established suburban feel

Located approximately 5km northwest of Brisbane CBD, Ashgrove is an established inner-west suburb known for its leafy streets, character homes and convenient access to surrounding suburbs.

5 KM
FROM BRISBANE CBD

INNER WEST
BRISBANE LOCATION

NEARBY SUBURBS
BARDON ยท THE GAP ยท NEWMARKET ยทRED HILLย 

Why people choose Ashgrove

Character Homes

Queenslanders and charming period homes

Leafy Lifestyle

Leafy streets, parks and green spaces

Quality Schools

Excellent schooling options nearby

Local Amenities

Cafรฉs, shops and everyday conveniences

Convenient Location

Easy access to the CBD and surrounds

LIFESTYLE & AMENITIES

Living in Ashgrove

Ashgrove offers a relaxed suburban lifestyle while remaining close to the conveniences of inner Brisbane. Established streets, neighbourhood cafรฉs, local shopping and green spaces give the suburb a strong sense of community.

Residents have easy access to everyday amenities, recreational facilities and surrounding dining and shopping precincts, making the area particularly practical for day-to-day family life.

Education

Schools in and Around Ashgrove

Ashgrove is well regarded for its access to a range of established public and private schools, making education an important part of the suburb’s appeal for families.

Families have access to several schools within Ashgrove and surrounding suburbs, with options across primary and secondary education.

Local schooling options include:

  • Ashgrove State School
  • Oakleigh State School
  • Marist College Ashgrove
  • Mt St Michael’s College
  • Mater Dei Catholic Primary School
Everyday Living

Everything Close to Home

From local shopping and cafรฉs to parks and convenient transport connections, Ashgrove offers the everyday amenities that make inner-west living easy.

Shopping & Dining

Ashgrove offers a convenient mix of supermarkets, local shops, cafรฉs and dining options, particularly around its established neighbourhood centres.

Parks & Recreation

Parks, sporting facilities and green spaces provide plenty of opportunities for outdoor recreation and contribute to Ashgrove’s leafy suburban character.

Transport & Connectivity

Regular bus services and major road connections provide convenient access to Brisbane CBD and surrounding inner-west suburbs.

Community Profile

Who lives in Ashgrove?

Ashgrove has an established residential community, with a strong representation of family households and owner-occupied homes.

Population

13,450

Median age

38

Household size

2.8

Family households

74.3%

Owner Occupied

71.5%

Source: Australian Bureau of Statistics, 2021 Census (Ashgrove SAL)

Considering buying in Ashgrove?

See how we help buyers assess properties, complete due diligence and negotiate with confidence.

Property in Ashgrove

Housing & Typical Properties

Ashgrove is known for its established housing stock, with character Queenslanders forming an important part of the suburbโ€™s streetscape alongside renovated family homes, post-war properties and a smaller selection of units and townhouses.

Character Homes

Ashgrove is well known for its traditional Queenslanders and character homes, many featuring elevated timber construction, verandahs and original period detailing. Renovated examples can be particularly sought after, especially where the home’s character has been retained while improving the layout for modern family living.

POST-WAR & FAMILY HOMES

Alongside its character housing, Ashgrove also has a significant number of post-war homes, many of which have been renovated, extended or replaced over time. These properties can vary considerably in condition, layout and renovation quality, making individual property assessment particularly important.

LAND & BLOCK SIZE

Many established homes in Ashgrove are positioned on traditional suburban blocks, with lot sizes commonly around the 400โ€“800mยฒ range. Larger blocks can also be found, although land size, slope, frontage and usability can vary considerably between properties.

Other housing options: While detached houses dominate much of Ashgrove, buyers can also find a smaller selection of units and townhouses, particularly around main roads and local centres.

MARKET INSIGHTS

Ashgrove Property Market

Ashgrove is an established inner-west property market shaped by strong owner-occupier demand, limited detached housing supply and varied housing stock.

Median House Price

$2.025M

Median Unit Price

$940K

Median House rent

$950pw

Vacancy Rate

2.8%

days on market

29

Market data: 12 months to September 2026. Source: realestate.com.au

Strong Owner-Occupier Appeal

Ashgroveโ€™s proximity to the CBD, established schools, leafy streets and character housing make it particularly attractive to families and professional owner-occupiers. This can support strong competition for well-located, quality homes.

Property-to Property Variation

Median prices only tell part of the story in Ashgrove. Renovation quality, land size, street position, topography and the condition of character homes can all create substantial differences in value between properties.

Limited Supply & Competition

Established housing stock and limited opportunities for new detached housing can constrain supply. Well-presented homes in desirable pockets may therefore attract strong buyer interest when they come to market.

What this means for buyers

In Ashgrove, buying well is often less about following the suburb median and more about understanding the individual property, its position and how it compares with recent local sales.

Buyer's Agent Insight

Buying in Ashgrove: What We Look For

Not every property in a good suburb is a good buy. In Ashgrove, we look beyond the suburb-level statistics and assess the individual property, its location, condition, land and long-term appeal.

WHAT WE Like

ย Quiet residential streets
Away from major traffic routes while remaining convenient to local amenities.

Character and well-renovated homes
Properties that retain Ashgrove’s character while offering practical layouts for modern family living
Strong family appeal
Good access to schools, parks, shopping and everyday amenities can support long-term owner-occupier demand.

What we look for

Land and usability
Usable land, practical access and a block that suits the property and its intended use.

Street position
We consider traffic, surrounding properties, noise, streetscape and the property’s position within the suburb.

Condition and renovation quality
Character homes can vary considerably in condition, so building quality, previous renovation and future maintenance matter.

What to watch

Busy roads and compromised position
Properties on or close to major roads may trade differently from homes in quieter residential streets.

Flood, overland flow and site constraints
Properties should be assessed individually for relevant overlays, drainage, slope and other site considerations.

Character and planning considerations
Some properties may be affected by character, heritage or planning controls that can influence future renovation or development options.

Explore more

Nearby Suburbs

Compare Ashgrove with other established suburbs nearby and explore which areas may best suit your property goals.

Letโ€™s Find the Right Property for You

Whether you’re looking for a family home or investment property, we can help you find the right opportunity, assess the property and negotiate with confidence.

Ashgrove Suburb Profile Read More ยป

Everton Parkใ€Seeking the Ideal School Zone: From New Zealand to Brisbaneใ€‘

Our Success

Residential Purchase - Everton Park

Purpose of Purchase: Residentialย home
Property Type: 2 storey brick home (3Beds + 2Baths +2 Car park)

Land Size: 556mยฒ

Property Feature:

  • Open plan design with multiple shared living spaces, including an oversized living and dining area with hardwood timber floors.
  • Beautifully renovated L-shaped kitchen and a large undercover deck with outdoor shutters, offering seamless indoor-outdoor living and perfect for entertaining.
  • Three upstairs bedrooms with split system air conditioning, a main bathroom with separate toilet, and an additional bedroom and bathroom on the lower level.
  • Fully fenced 556m2 parcel with landscaped yard, alfresco area, double lockup garage with storage.

Budget๏ผšaround $1.1-$1.2m

Purchase Price:ย $1,210,000
Purchased on: Feb 2024

How this purchase met the clients brief:

  • Within a 15-minute commute to the desired private school.
  • The house had to be spacious and comfortable, suitable for family living.
  • No swimming pool. Convenient to the shops and parks.
  • Potential resale value.
ใ€๐™Ž๐™š๐™š๐™ ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š ๐™„๐™™๐™š๐™–๐™ก ๐™Ž๐™˜๐™๐™ค๐™ค๐™ก ๐™•๐™ค๐™ฃ๐™š: ๐™๐™ง๐™ค๐™ข ๐™‰๐™š๐™ฌ ๐™•๐™š๐™–๐™ก๐™–๐™ฃ๐™™ ๐™ฉ๐™ค ๐˜ฝ๐™ง๐™ž๐™จ๐™—๐™–๐™ฃ๐™š๐Ÿซใ€‘
This time, our clients are a couple from Hong Kong and Taiwan who have relocated from New Zealand to Brisbane.
Like many parents, they prioritise their children’s education and considered school factors first when selecting a place to live ๐Ÿซ. During their earlier visit to Brisbane to survey the environment, they had already fallen in love with a Christian private school in the northern area. Although private schools are not restricted by school catchment, and there are more choices available in terms of location, we recommended that the commute to and from school ideally not exceed 15 minutes.
After they appointed me to assist them in finding a house, I showed them numerous properties in different areas. Despite the market conditions with rising interest rates, there were still many buyers, with some offers even surpassing ours by nearly $100k.
Finally, we found this property just a 5-minute drive from the school, and it is a two-story house, completely meeting the clients’ requirements. Not only is this house spacious and comfortable, but it also has a bedroom and bathroom downstairs, making it convenient for their family and friends to visit. Although the final price slightly exceeded their budget, they were very satisfied with this house that completely met their requirements. Wishing them a wonderful new life in Brisbane!

Everton Parkใ€Seeking the Ideal School Zone: From New Zealand to Brisbaneใ€‘ Read More ยป

Yarrabilbaใ€Cleverly utilising mortgage refinancing, successfully acquiring an Investment Propertyใ€‘

Our Success

Investment Purchase - Yarrabilba

Purpose of Purchase: Investment
Property Type: Two Storey home (4Beds + 2Baths +2 Car park)

Land Size: Flat 389mยฒ block of land

Property Feature:

  • High-end finishes that adorn its expansive kitchen, stylish bathrooms, and communal areas
  • Overlooking the open living and dining space Living and dining spaces situated on the ground floorย 
  • Expansive undercover alfresco area for outdoor gatheringsย ย 
  • Fully fenced yard designed for low maintenance

Budget๏ผšUp to $600,000ย 
Purchase Price:ย $605,000
Purchased on: Nov 2023

Yield and rental info:
Leased at $550/week
Rental yield on purchase of 4.7%
Based on last year of sales, Yarrabilba has achieved a 15.1% capital gain.

How this purchase met the clients brief:

  • Long term capital growth
  • Low maintenance propertyย 
  • Newly home for depreciation value
  • more than 4.5% rental yield
  • Decent rental income to cove most of the mortgage repayments
ใ€๐Ÿ’ก๐˜พ๐™ก๐™š๐™ซ๐™š๐™ง๐™ก๐™ฎ ๐™๐™ฉ๐™ž๐™ก๐™ž๐™ฏ๐™ž๐™ฃ๐™œ ๐™ˆ๐™ค๐™ง๐™ฉ๐™œ๐™–๐™œ๐™š ๐™๐™š๐™›๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™ž๐™ฃ๐™œ, ๐™Ž๐™ช๐™˜๐™˜๐™š๐™จ๐™จ๐™›๐™ช๐™ก๐™ก๐™ฎ ๐˜ผ๐™˜๐™ฆ๐™ช๐™ž๐™ง๐™ž๐™ฃ๐™œ ๐™–๐™ฃ ๐™„๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ ๐™‹๐™ง๐™ค๐™ฅ๐™š๐™ง๐™ฉ๐™ฎ๐Ÿ ใ€‘
This local buyer, having secured a primary residence, expressed optimism in the real estate market and decided to invest in another property through a combination of mortgage refinancing and existing savings๐Ÿ’ฐ. With a budget sufficient for approximately $600K, she sought a relatively new property with no additional budget for renovations, emphasizing the importance of its freshness. The client successfully closed this deal just before Christmas๐ŸŽ…๐Ÿป.
Despite the real estate market gradually stabilizing after multiple interest rate hikes, current property prices, even in more distant areas, are nearing $700K. This is attributed to previous homeowners selling their properties and relocating to more distant, yet newer, areas. Additionally, external migration has contributed to maintaining a significant upward trend๐Ÿ“ˆ in property prices even in these more remote regions.
Ultimately, we identified a standalone two-story, four-bedroom house in Yarrabilba for her. The seller’s agent initially proposed a price of $620K, but after negotiations, we successfully closed the deal at $605K, with a weekly rent of $550, providing a solid 4.7% rental yield.

Yarrabilbaใ€Cleverly utilising mortgage refinancing, successfully acquiring an Investment Propertyใ€‘ Read More ยป

Bracken Ridgeใ€High expectation client finds a high quality propertyใ€‘

Our Success

Investment Purchase - Bracken Ridge

Purpose of Purchase: Investment
Property Type: Low set brick home (3Beds + 1Bath + 2Car park)

Land Size: 719mยฒ

Property Feature:

  • Three comfortable bedrooms, a modern bathroom, and an air-conditioned living roomย 
  • It comes equipped with solar panels, gas cooktop, and a backyard BBQ area.
  • Fully fenced spacious backyard making it an ideal spot for outdoor entertainment and relaxation

Budget๏ผšAround $700,00 – $800,00
Purchase Price:ย $818,000
Purchased on: Oct 2023

Yield and rental info:
Leased at $600/week
Rental yield on purchase of 3.8%
Based on last year of sales, Bracken Ridge has achieved a 18.4% capital gain.

How this purchase met the clients brief:

  • Future capital growth
  • Convenient to public transport
  • Within 20KM distance from CBD

ใ€๐™ƒ๐™ž๐™œ๐™–๐™š๐™ญ๐™ฅ๐™š๐™˜๐™ฉ๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™˜๐™ก๐™ž๐™š๐™ฃ๐™ฉ ๐™›๐™ž๐™ฃ๐™™๐™จ ๐™– ๐™๐™ž๐™œ๐™–๐™ฆ๐™ช๐™–๐™ก๐™ž๐™ฉ๐™ฎ ๐™ฅ๐™ง๐™ค๐™ฅ๐™š๐™ง๐™ฉ๐™ฎใ€‘

The client, while in Hong Kong, had already contacted me. He’s an experienced engineer, highly knowledgeable about home construction and structure, so he decided to fly in to Brisbane to buy his first investment. As he planned to stay in Brisbane for just a month, his requirement is to purchase a desired property within this time frame. Although the purchased property is for investment purposes, he also hopes to potentially reside in it in the future, so he has specific criteria for this property.

Having already identified the type of property preferred by the client, I initially curated several options for their inspection. Fortunately, upon viewing the second property, the client was immediately captivated. It perfectly matched their criteria, boasting a low-set brick design, situated in a potential growth area, and offering a generous land size. Interestingly, the inspection coincided with heavy rain and strong winds, despite Brisbane’s usual sunny climate. While rain can be detrimental, typically we prefer inspecting properties on clear days to showcase them in optimal condition. However, inspecting during adverse weather, though inconvenient, can unveil unique advantages.

ใ€๐™’๐™๐™–๐™ฉ ๐™–๐™ง๐™š ๐™ฉ๐™๐™š ๐™–๐™™๐™ซ๐™–๐™ฃ๐™ฉ๐™–๐™œ๐™š๐™จ ๐™ค๐™› ๐™ž๐™ฃ๐™จ๐™ฅ๐™š๐™˜๐™ฉ๐™ž๐™ฃ๐™œ ๐™– ๐™ฅ๐™ง๐™ค๐™ฅ๐™š๐™ง๐™ฉ๐™ฎ ๐™ค๐™ฃ ๐™– ๐™ง๐™–๐™ž๐™ฃ๐™ฎ ๐™™๐™–๐™ฎ?ใ€‘

Rain can reveal potential issues like leaks and drips, helping us assess the property’s waterproofing. Simultaneously, it provides insights into the external drainage system, checking for blockages in gutter drainage pipes and underground water channels, as well as any pooling in the surroundings such as the garden.

The outcome showed that this property, meticulously maintained by the previous owner, is in excellent condition. Seeing the client’s satisfied expression, I once again feel that everything was worthwhile!

Bracken Ridgeใ€High expectation client finds a high quality propertyใ€‘ Read More ยป

Daisy Hillใ€Off Market Purchaseใ€‘

Our Success

Residential Purchase

Purpose of Purchase: Residentialย home
Property Type: Low set brick home (3Beds + 2Baths + 4Car park)

Land Size: 591mยฒ

Property Feature:

  • Lowset home with large open plan living
  • 3 Generous bedrooms and 2 with Air-conditioningย 
  • Contemporary family bathroom and ensuite
  • Quality flooring throughout

Budget๏ผš$700k-$800k
Purchase Price:ย $750,000
Purchased on: June 2023

How this purchase met the clients brief:

  • Near John Paul College
  • Potential capital growth
  • Reasonable land size

ใ€Off Market Purchaseใ€‘

When my client approached me, they had just obtained their Permanent Residency (PR) and were preparing to immigrate to Brisbane with their family to settle down. While they had been to Brisbane before, they weren’t very familiar with every area here. They hoped to find a house within their budget and in a good school catchment. They had done a lot of research in advance, understanding the education here and the population distribution in various areas. Since they were not completely familiar with the local areas, from the moment I took on the role of their Buyer’s Agent, I helped them view properties in different areas, including Springfield Lakes, Spring Mountain, Pallara, Heathwood, Capalaba, and more. During the process from viewing properties to attempting offers, prices in some areas had already increased by nearly 5%. Considering the current competitive buyer’s market, finding a house they truly liked wasn’t easy, and sometimes it might not even fall within their budget. So, while continuing to assist my client with property inspections, I was also in constant communication with different agents.

The seller of this house originally considered auctioning the property, but as soon as I learned about this Off Market property, I immediately inspected the condition of the house for my client. Since the seller planned to renovate the house slightly before selling it, my client’s wife initially didn’t like the house when she saw it in its pre-renovation state. However, in the end, they were very thankful for trusting my judgment

because on the eve of the handover, they saw a house with brand-new paint, brand-new carpet, brand-new air conditioning, and a newly laid lawn garden. Additionally, Daisy Hill is becoming increasingly popular due to its proximity to John Paul College and its easy access to the highway, allowing for a 3-4 minute drive to the CBD or the Gold Coast. Daisy Hill is also a low-crime area, which is one of the key considerations for new immigrants. We are very happy for this family and wish them a smooth and successful life in Brisbane!

Daisy Hillใ€Off Market Purchaseใ€‘ Read More ยป

Eight Mile Plainsใ€Great Value Townhouseใ€‘

Our Success

Residential Purchase - Eight Mile Plains

Purpose of Purchase: Residentialย home
Property Type: Two Storey Townhouse (3Beds + 2Baths +2 Car park)

Land Size: 212mยฒ

Property Feature:

  • Located within good school catchment area, close to major bus stops and supermarkets.
  • All set within a generously sized and small pet-friendly gated complex
  • Gated complex with ample visitor parking and large communal poolย 
  • Living room with an air conditioner and fresh interior paintย 
  • The master bedroom includes an ensuite, while a spacious bathroom is located upstairs

Budget๏ผšUnder $600,000ย 
Purchase Price:ย $535,000
Purchased on: July 2023

How this purchase met the clients brief:

  • Spacious living room
  • Convenient location with public transport
  • The location conveniently accommodates their commuting needs

ใ€๐Ÿ“ฃ๐Ÿ“ฃ ๐˜ผ๐™ฃ๐™ค๐™ฉ๐™๐™š๐™ง ๐™Ž๐™ช๐™˜๐™˜๐™š๐™จ๐™จ๐™›๐™ช๐™ก ๐˜พ๐™–๐™จ๐™š๐Ÿ“ฃ๐Ÿ“ฃใ€‘

This client and her husband were originally renting a nearby Townhouse and had always wanted to own their own home, so they wouldn’t have to pay rent. Both of them had full-time jobs, and sometimes they even had to work on Saturdays. Like many buyers, they had been looking at houses on their own for quite some time and had made offers. They had even made an offer of $620,000 for one house, but in the end, it was sold to another buyer for $625,000ย ๐Ÿ˜žย They were starting to feel discouraged and worried that their pre-approval would expire soon. If they had to reapply for pre-approval, they might be able to borrow less money. So, she decided to seek the help of me as their Buyer’s Agent.

Since they were looking for a home to live in themselves, their first requirement was to find a larger one than their current rental and with a specific layout. Although they were open to considering other areas, they didn’t want to be too far from their workplaces. They also wanted a backyard with a grassy area for their small dog to play in!

I did some initial research and found some Townhouses that they might like, and then I arranged for them to inspect each one. After viewing about 4-5 properties, we finally found this Townhouse in Eight Mile Plains. This Townhouse had the advantage of being located in a quieter area of Eight Mile Plains, with mainly residential surroundings and minimal traffic. It was a 4-5 minute drive to the highway, providing quick access to the city. Additionally, it was only a 7-minute drive to the nearby Westfield shopping centre. Most importantly๐Ÿคฉ๐Ÿคฉย the purchase price was well below their budget, at just over $500,000, for this 3-bedroom, 2-bathroom Townhouse.

We are very grateful for the customer’s trust and for listening to our advice. Seeing your smiles when you found your home is confirmation for us, and we are completely satisfied. All the effort was worth it!

Eight Mile Plainsใ€Great Value Townhouseใ€‘ Read More ยป

Logan Reserveใ€Investment Buyer from Sydneyใ€‘

Our Success

Investment Purchase - Logan Reserve

Purpose of Purchase: Investmentย 
Property Type: Low set brick house (4Beds + 2Baths +2 Car park)

Land Size: 375mยฒ

Property Feature:

  • 6 years old new built house
  • Large living & Dinning area with Air Conditioning and a covered patio
  • Open kitchen with stainless-steel appliances and sweeping stone bench top
  • Built-in storage throughout, security screens and ceiling fans in all the bedrooms
  • Great size backyard, low maintenance and fully fenced backyard

Budget๏ผšUp to $700,000
Purchase Price:ย $620,000
Purchased on: June 2023

Yield and rental info:
Leased at $550/week
Rental yield on purchase of 4.6%
Based on last year of sales, Logan Reserve has achieved a 13.9% capital gain.

How this purchase met the clients brief:

  • 4-5% rental yield
  • Low maintenance
  • Newly home

ใ€๐™„๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ ๐˜ฝ๐™ช๐™ฎ๐™š๐™ง ๐™›๐™ง๐™ค๐™ข ๐™Ž๐™ฎ๐™™๐™ฃ๐™š๐™ฎ๐Ÿ’ต๐Ÿ’ตใ€‘

Queensland has always been very popular among investors from other states in Australia!๐Ÿ‘๐Ÿป๐Ÿ‘๐Ÿป

Currently, in Brisbane, you can still buy a relatively new 4-bedroom, 2-bathroom, 2-toilet house for around $600,000 to $700,000. Due to the lower entry requirements compared to Sydney and Melbourne, and with Brisbane’s development in the next 10 years, along with the economic growth and job opportunities linked to the Olympics, it is definitely attracting many interstate investment buyers who are seeking the assistance of a Buyer’s Agent like me, based in Brisbane, to purchase investment properties.

This client currently resides in Sydney, so they couldn’t personally inspect the property. While there are also Buyer’s Agents available in Sydney, not all of them offer the service of personally inspecting properties. So, this client told me that they were very fortunate to find me, a local Buyer’s Agent in Brisbaneย ๐Ÿฅฐ๐Ÿฅฐ

This time, my client purchased a 4-bedroom property in Logan Reserve for just over $600,000. Since the property already has tenants with a lease until January next year, they could start receiving rental income immediately after the property transaction. Our team also has a Property Manager to provide property management services, offering a complete package. If you are located in another state and are interested in buying property in Brisbane, feel free to contact us!ย ๐Ÿ˜Š

Logan Reserveใ€Investment Buyer from Sydneyใ€‘ Read More ยป

Zillmereใ€Entry level investment with existing tenantใ€‘

Our Success

Investment Purchase - Zillmere

Purpose of Purchase: Investment
Property Type: Apartment (2Beds + 2Baths +1 Car park)

Property Feature:

  • Spacious apartment with private balcony
  • Open plan living with air conditioning and ceiling fan
  • Stylish kitchen with stone bench top and stainless steel appliances
  • Convenient location minutes from shopping, schools, parks, and transport

Budget๏ผš$400,000-$500,000
Purchase Price:ย $435,000
Purchased on: June 2023

Yield and rental info:
Leased at $500/week
Rental yield on purchase of 5.97%
Based on last year of sales, Zillmere has achieved a 13.7% capital gain.

How this purchase met the clients brief:

  • Rent is enough to cover the mortgage repayments
  • Potential capital growth
  • Low body corp fee

ใ€๐™‹๐™ช๐™ง๐™˜๐™๐™–๐™จ๐™ž๐™ฃ๐™œ ๐™– ๐™ƒ๐™ž๐™œ๐™-๐™๐™š๐™ฉ๐™ช๐™ง๐™ฃ ๐™„๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ ๐™‹๐™ง๐™ค๐™ฅ๐™š๐™ง๐™ฉ๐™ฎ ๐™›๐™ค๐™ง ๐™ค๐™ช๐™ง ๐˜พ๐™ก๐™ž๐™š๐™ฃ๐™ฉ๐Ÿ’ฐใ€‘

๐ŸŽŽย This client and her Japanese husband are both high-income individuals living on the Gold Coast. They have always planned to buy another property for rental, with a budget range of approximately $400,000 to $450,000 for a Townhouse or Apartment. They were looking for a property with better security, newer facilities, and easy maintenance.

๐Ÿ’ก๐Ÿ’กย When searching for investment properties such as Townhouses or Apartments for our client, we pay special attention to the property’s Body Corporate Fee. Since this is an annual fee that needs to be paid, we try to find properties with lower Body Corporate Fees, preferably avoiding expensive maintenance costs like swimming pools or elevators.

This client appointed me as their Buyer’s Agent at the end of April, which coincided with the announcement of a pause in interest rate hikes. This attracted many eager investors who were actively searching for reasonably priced investment properties in the market. Finally, after about a month of effort, we successfully helped our client purchase a property in Zillmere for just over $400,000. The property has 2 bedrooms, 2 bathrooms, and 1 parking space. According to the Rental Appraisal, the expected rental income in the future is projected to be between $470 and $500 per weekย ๐Ÿ’ฐ๐Ÿ’ฐ

Zillmereใ€Entry level investment with existing tenantใ€‘ Read More ยป

Scroll to Top