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QLD › Acacia Ridge › Alderwood St

39A Alderwood St, Acacia Ridge QLD 4110

Block of Units

$1,460,000

Last sold

28 May 2025

5

Bedrooms

5

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,460,000 (28 May 2025).(Recorded sale)

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

What this lot has actually traded at

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.

See the full Acacia Ridge report →

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 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. Sold$1,460,00028 May 2025
  2. Listedprice unknowncompleted13 Aug 2024

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 $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.

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

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

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

Acacia Ridge in one glance

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.

See the full Acacia Ridge report →

Keep researching

  • Why Acacia Ridge? Read the area thesis →
  • What else is on the market in Acacia Ridge →
  • Other records on Alderwood St →

Listing material

Listed by Hugo Alexander Property Group Fortitude Valley

$117,000 Rental Income. Australia’s most lucrative residential investment opportunity. New purpose-built luxury rooming house

Positive 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.

Read the full description

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.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Solar Panels

Also look at

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  • UUnit 3, 4 Ebury St, Acacia Ridge QLD 4110

    3-bed townhouse. Currently listed.

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  • 25 Wapping St, Acacia Ridge QLD 4110

    3-bed house for sale. Asking $950K.

    For sale
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.