Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
QLD › Ellen Grove › Reeman Ct
5
Bedrooms
5
Bathrooms
4
Car spaces
400 m²
Land
216 m²
Building
Districts View
Nothing about this record stands out yet — coverage may still be filling in.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 410 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $636/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 410 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ellen Grove at a glance
4,191
People
$975,000
Median sale
$636/wk
Median rent
3.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hugo Alexander Property Group Fortitude ValleyHugo Alexander is pleased to present this exceptional investment opportunity in Ellen Grove, Brisbane.
This brand new rooming house will be delivered fully finished.
Purpose built to achieve strong rental income, this Rooming House is uniquely designed in a quiet cul de sac in the western suburb of Ellen Grove. This is a brand new investment property on 400m2 lot. Priced to sell, the property comes with a full furniture package and battery solar system. It is a timber frame home with 5 courtyards and concrete driveway parking for tenants, deep eaves and a lovely gable colorbond roof. Each room will be separately fenced.
Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition.
Ellen Grove offers a peaceful suburban environment with essential conveniences within walking distance, particularly public transport and a small local shopping centre. For broader amenities—larger shopping centres, schools, or eateries—Forest Lake is just a short drive away. If you'd like help locating childcare, medical centres, and more recreational spots nearby.
Rental Income
$2000 to per week. $104,000 p.a. fully leased
Leases from $400 - $425 per week per room.
This property features:
- 400m2 lot in quiet street
- 216m2 low-set build with high ceilings
- Class 1B certified rooming house
- Solar system with Battery
- 5 individual leases as per 1B certification
- Furniture and appliances included
- 5 larger courtyards
- 6 kitchens
- 3 car spaces
Location:
8 mins to Forest Lake
19 mins from Indooroopilly Westfield
15 mins from DFO Jindalee
10 mins to Redbank Central
22 mins to Westfield Mount Gravatt
Neighbouring suburbs:
Carole Park, Forest Lake, Richlands
Financing a rooming house:
Cash flow positive properties are much easier and more accessible today with competitive finance from a number of lenders such as Liberty, Mortgage Mart, Columbus Capital, Granite and are available through experienced finance brokers. We would be happy to refer you should you need.
Leverage cash or collateral in existing properties from 10 to 20% deposit. Call us for a no obligation introduction to a broker that can see if you qualify to buy a cash flow positive asset.
Don't miss out on this great investment opportunity.
Listing description written by Hugo Alexander Property Group, Hugo Alexander Property Group Fortitude Valley — reproduced as published, not verified by Districts.