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QLD › Zillmere › Zillmere Rd

358B Zillmere Rd, Zillmere QLD 4034

For saleBlock of Units for Sale

$1,000,000

For sale

Asking

5

Bedrooms

5

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000(Listing record · 24 Aug 2026)
  • CalculationAsk is 8% below the Zillmere median recorded sale ($1,092,500, n=46, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Zillmere's advertised median rent ($599/wk), implied gross yield would be 3.11% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,000,000

Asking

No recorded sale for this property.

Zillmere at a glance

10,148

People

$1,092,500

Median sale

$599/wk

Median rent

2.85%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Zillmere report →

Vs Zillmere

-8.5%

Median sale

Suburb $1,092,500

+0.26 pp

Gross yield

Suburb 2.85%

Suburb median $1,092,500 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,000,000
Stamp Duty (Queensland)
$38,025
Transfer/Registration Fee
$4,066
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,045,791

$45,791 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Zillmere's advertised median rent — not a rent for this listing.

Net yield
1.61%
Annual cashflow (pre-tax)
$-35,852
Interest cover (DSCR)
0.31
Annual rent
$31,148
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
3.11%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,000,000available24 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $599/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Zillmere in one glance

Zillmere at a glance

10,148

People

$1,092,500

Median sale

$599/wk

Median rent

2.85%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Zillmere report →

Keep researching

  • Why Zillmere? Read the area thesis →
  • What else is on the market in Zillmere →
  • Other records on Zillmere Rd →

Listing material

Listed by Hugo Alexander Property Group Fortitude Valley

2025-Built Luxury Rooming House with High Income & High Yield

A rare, high-yield investment opportunity from Brisbane’s leading Rooming House specialists.

Purpose-built in 2025 and designed specifically for the premium rooming accommodation market, this exceptional property combines strong cash flow, significant tax depreciation and outstanding tenant appeal in one of Brisbane’s most tightly held investment sectors.

Generating $118,560 per annum ($2,280 per week)* in gross rental income and an impressive $91,733 net income*, the property offers investors an opportunity to secure a modern, low-maintenance asset purpose-designed to maximise both rental income and long-term investment performance.

Read the full description

Brisbane’s ongoing rental shortage continues to drive strong demand for high-quality, affordable private accommodation. These five deluxe, fully furnished studios provide tenants with their own private facilities while offering a more accessible alternative to traditional apartment living.

The all-inclusive rental model provides exceptional convenience, with one weekly payment covering accommodation, quality furnishings, utilities and internet. This combination of privacy, affordability and convenience supports consistently strong tenant demand and contributes to the property's low vacancy profile.

A Purpose-Built Investment Designed for Performance

Each of the five generously proportioned studio-style suites has been thoughtfully designed for the rooming accommodation market and features:

- Private ensuite

- Kitchenette

- Split-system air conditioning

- Quality furnishings

- Internet

- Separately leased accommodation

The property is certified and compliant as Class 1b Rooming Accommodation, providing investors with a purpose-built asset rather than a conventional property adapted to the rooming house market.

Positioned on a 337sqm land parcel, the property also benefits from a quality, low-maintenance construction including a solid concrete slab, excellent acoustic insulation, Colorbond roofing and timber fencing, and simple, durable landscaping.

Strong Cash Flow + Significant Depreciation

Investors will benefit from an exceptionally attractive combination of income and tax advantages, including:

- $118,560 gross rental income per annum*

- $91,733 net income per annum*

- 13.3kW solar system designed to significantly reduce electricity costs

- Over $20,000 per annum in estimated tax depreciation for the first 10 years

- Near-new construction minimising ongoing maintenance requirements

- Strong tenant demand and low vacancy

Professionally Managed by Brisbane Rooming House Specialists

The property is professionally managed by Hugo Alexander Property Group, Brisbane's leading specialist in Rooming Accommodation.

With extensive experience in the rooming house sector and a proven track record managing high-performing rooming accommodation assets, investors can benefit from specialist management designed specifically around maximising occupancy, rental income and long-term performance.

Property Highlights:

- One of Brisbane's best-performing, highest-grossing Rooming Accommodation investments

- Purpose-built in 2025

- Five separately leased, generously sized studio-style suites

- Certified and compliant Class 1b Rooming Accommodation

- Private ensuite and kitchenette to every studio

- Split-system air conditioning

- Fully furnished and equipped

- High-quality, durable furnishings

- 13.3kW solar system

- Low-maintenance construction and landscaping

- Professionally managed by Hugo Alexander Property Group

- Strong tenant demand and extremely low vacancy

- All-inclusive rental model covering furnishings, utilities and internet

- Rarely available investment asset in a tightly held sector

Prime North Brisbane Location

Located in Zillmere, approximately 14km north of the Brisbane CBD, the property is surrounded by an extensive network of retail, employment, education, medical, transport and recreational amenities.

Residents enjoy easy access to cafes, restaurants, supermarkets, schools, parks and public transport, while major destinations including Westfield Chermside, Aspley Hypermarket and Taigum Square are all within a short drive.

Zillmere forms part of Brisbane's established and growing northern corridor, with continued residential development and infrastructure investment across Carseldine, Fitzgibbon, Taigum and surrounding suburbs.

The area is evolving from predominantly established housing toward a broader mix of townhouse and medium-density development, supporting continued population growth and strengthening the suburb's long-term residential appeal.

Ongoing investment and improvements throughout the Beams Road corridor are further supporting connectivity and the continued growth of Brisbane's northside.

Key Distances:

- Westfield Chermside: 3km

- The Prince Charles Hospital: 5km

- St Vincent's Private Hospital Northside: 4.5km

- Gateway Motorway: 3km

- Brisbane Airport: 15km

- Brisbane CBD: 14km

- Aspley Hypermarket: 3.5km

- Taigum Square: 2km

- Gympie Road: 2.5km

- Sandgate Road: 1km

A Rare Opportunity in a Tightly Held Investment Sector

Rooming houses continue to attract strong investor demand due to their combination of high rental yields, strong tenant demand, tax depreciation and potential for long-term capital growth.

Purpose-built, near-new properties of this quality and income profile are particularly difficult to secure, with many high-performing rooming houses tightly held by investors due to their strong cash flow.

This is a rare opportunity to acquire a high-income, purpose-built Rooming Accommodation asset in Brisbane, professionally managed by specialists who understand the sector and know how to maximise its performance.

To receive a copy of the Information Memorandum or arrange a private inspection, contact Adam Nobel on 0417 007 001.

* When fully leased.

Listing description written by Adam Nobel, Hugo Alexander Property Group Fortitude Valley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Outdoor Entertaining
  • Solar Panels
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.