Bald Hills at a glance
7,578
People
$1,073,500
Median sale
$686/wk
Median rent
3.32%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
QLD › Bald Hills › Gympie Rd
5
Bedrooms
5
Bathrooms
4
Car spaces
506 m²
Land
247 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.
Bald Hills at a glance
7,578
People
$1,073,500
Median sale
$686/wk
Median rent
3.32%
Suburb gross yield
Median sale from 58 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 1,012 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 $686/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 1,012 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?
KnownmediumOfficial parcel about 1,012 m² — land size can look like optionality. No 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
Bald Hills at a glance
7,578
People
$1,073,500
Median sale
$686/wk
Median rent
3.32%
Suburb gross yield
Median sale from 58 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 Northside suburb of Bald Hills, Brisbane.
Purpose built to achieve strong rental income, this Rooming House is thoughtfully designed with a three phase 13KW solar system + Battery, and contemporary finishes, carpeted bedrooms, tiled bathrooms and hybrid flooring.
Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition.
This is a brand new build on its own titled lot on a quiet residential zoned lot.
Demo home - 60 Burralong Street, Deagon
private viewings available
Video links
TBC
1973 Gympie Rd, Bald Hills - Rooming House
Sited on a flat 506m2 lot, This house is 5 bed, 5 bath, 5 kitchenettes, kitchen, laundry, dining room, 5 courtyards, car parking for 5 on site
Each room is beautifully presented; new, and spacious, with a separate living room, bedroom, kitchenette, ensuite and courtyard.
The communal area has a large kitchen, dining room and laundry.
Construction of the home is approximately 24 weeks with a 12 week lead in typically.
The home will be an approved and certified Class 1B property allowed to lease each suite (5) separately.
For more information please email harry@hugoalexander.com.au
Rooming House demand
50 tenants for each 1 bedroom tenancy
Brisbane population - 2,568,000
Single population - 1,093,970
Tenants per house - 5
Rooming Houses required to fill demand - 219,000
Rooming Houses completed - approximately 873
As an investor, this niche is the most highly sought by tenants and undersupplied. Owning a Rooming House means you are contributing to making Brisbane a more livable city, so tenants can enjoy dignified, comfortable and safe accommodation.
Rooming Houses help accommodate single employed adults in their own tenancy. They move singles from share houses and open up rental homes for families.
Market rent
Fully leased for $2100 per week - $109,725 per annum
$420/week x 5 (52.25 week year)
Peak leasing $450/week/suite
- 506m2 lot in quiet street
- low-set build with high ceilings
- Class 1B certified rooming house
- Solar system with Battery
- 5 individual leases as per 1B certification
- Furniture optional $26k ( GST inclusive )
- 5 larger courtyards
- 6 kitchens
- 4 car spaces
- Approved class 1B for 5 leases to fully employed adults
- 5 car spaces
Location:
Bald Hills is 20km North of the Brisbane City centre in an elevated position. The area is characterised by highset brick and weatherboard homes with an increasing mix of new contemporary large family homes. Bald Hills has excellent road and rail and bus access to the city, Chermside Westfield, Airport, high ways, big box retail, shopping centres, restaurants, cafes, takeaway food and sports grounds. The largest retail franchises Woolworths, Coles, Aldi are close by in 3 large shopping villages and there is an abundant offering of international cuisine making the area a very vibrant and engaging community. There is no flood or character overlays here. The area is primed for exceptional capital growth.
25 mins to Brisbane CBD
20 mins to Brisbane Airport
11 mins to Chermside Westfield
3 mins to Coles
3 mins to Woolworths
850m to train station
40m to bus stop
Neighbouring suburbs:
Bracken Ridge, Strathpine, Aspley, and Chermside
This property is located on a quiet street and close to a number of shopping and food precincts.
Don't miss out on this great investment opportunity.
Contact Harry Imam on 0403 180 092 or harry@hugoalexander.com.au for further information.
Contact Ravi Gayan on 0426 560 756 or ravi@hugoalexander.com.au
Listing description written by Harry Imam, Hugo Alexander Property Group Fortitude Valley — reproduced as published, not verified by Districts.