Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
QLD › Acacia Ridge › Alderwood St
$1,460,000
Last sold
28 May 2025
5
Bedrooms
5
Bathrooms
3
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,460,000
28 May 2025 · derived via latest_sale
Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Acacia Ridge
+52.9%
Median sale
Suburb $955,000
-1.12 pp
Gross yield
Suburb 3.23%
Suburb median $955,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $593/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Acacia Ridge at a glance
7,765
People
$955,000
Median sale
$593/wk
Median rent
3.23%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hugo Alexander Property Group Fortitude ValleyPositive cash flow, high depreciation, and excellent capital growth. You simply won’t find a better-performing residential investment than the brand-new “Biarritz” executive Rooming Accommodation House.
Augmented by Brisbane’s current rental crisis, the demand for premium affordable accommodation has created this rare high-net-income investment opportunity. ($117,000 per annum/$2250 per week gross*)
These five deluxe fully serviced and equipped studios are some of the largest available in Brisbane. Popular amongst tenants seeking stylish private facilities at a more accessible cost than apartments, they also offer the convenience of one rental payment covering all accommodation, furnishings, utilities, internet, and car parking.
Selected for its broad lifestyle appeal, the property’s quiet yet central location is within easy walking distance of cafes, restaurants, supermarkets, medical centres, parks, schools, and transport offering a swift commute to the CBD.
Set on a prime 380sqm land parcel in an area experiencing sustained capital growth, investors will benefit from low vacancy rates and excellent tax depreciation of over $20,000 per annum for the first 10 years.
Add to this the quality build (featuring solid concrete slab, excellent acoustic and thermal insulation, Colourbond roof and fences along with simple landscaping), to secure a high cash-flow-investment property promising longevity and minimal maintenance.
Property Highlights:
-5 separately leased studios managed by expert Rooming Accommodation Managers
-Each luxury studio boasts large private internal and external living areas of 36m2 to 69.8 m2
-All encompass a kitchenette, ensuite, robe/storage, alfresco entertaining balcony or courtyard
-All feature remote reverse-cycle air-conditioning; ceiling fans; security screens for cross-ventilation
-Rooms showcase quality, stylish, durable finishes and inclusions to generate maximum rental yield
-Furnishings- Queen bed, lounge, 50-inch smart TV, stone benchtops throughout, all kitchen utensils
-Premium appliances stainless steel fridge/freezer; microwave; coffee machine; toaster; kettle
-All bills are included (power, water) plus high-speed internet with 24/7 unlimited download.
-Communal areas include full kitchen, dining room, laundry, and car parking
- 19.92 kW solar to negate power costs; smoke detector/alarms
-Fully certified, compliant, and insured as a rooming house in 2024
-Lot 4 on SP 338710; Brisbane City Council LMR zoned location
Area Highlights:
-15km/less than 25 min drive from the CBD
-5-minute walk to a choice of bus routes
-10-min drive to Sunnybank or Coopers Plains Train stations (approx. 30 min trip to CBD)
-400 metres/5-minute walk to Acacia Ridge Shopping Centre with cafes, restaurants, IGA supermarket, fresh food stores, pharmacy, hair salon/barber, banks, Australia Post and bottle shop
-500m/7-min walk to Acacia Ridge Medical Centre
-Less than a 5-minute walk to local parklands and Marnham Street Dog Park
-10-minute walk to Acacia Ridge Leisure Centre and Swimming Pool
-10-minute walk to fast food outlets including McDonalds
-Walk to local primary school, kindergarten and childcare centres
-8-min drive to local TAFE; 15 min to Griffith University (Nathan) 20-mins to Mt Gravatt Campus
-15-minute drive to the popular Sunnybank Plaza and Market Square
-15-minute drive to major retail at Westfield Garden City
-Just over a 10-minute drive to QEII Jubilee Hospital
-Access in moments onto arterial roads (M2 M3 and M7 connecting with the Brisbane CBD, Airport, and Gold Coast).
Given their high yield, excellent capital growth and market leading depreciation, it is not surprising that rooming houses are so tightly held amongst investors. And this brand-new purpose-built offering is arguably Brisbane’s best.
To receive a copy of the Information Memorandum or arrange an inspection please contact Adam Nobel on 0417 007 001.
*when fully leased
**approximately
Listing description written by Harry Imam, Hugo Alexander Property Group Fortitude Valley — reproduced as published, not verified by Districts.
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