Indooroopilly Renovator

Rental Insights

About the Property

“One-of-a-kind Trophy Residence Backing onto Indooroopilly Golf Course”
This family estate is a true masterpiece, boasting a premier Golf Course front position and occupying a sprawling 1,325sqm with direct golf buggy access. The home’s expansive lake and golf course outlook, combined with its exclusive cul-de-sac location surrounded by premium homes in Indooroopilly, make it a truly unique and coveted property.

A grand foyer entrance with double-height ceilings and banks of full-height glass is sure to make a statement and create a lasting first impression. The double-height ceilings will add a feeling of grandeur and spaciousness, while the full-height glass will allow an abundance of natural light to enter the space, making it feel bright and welcoming. This type of entrance is sure to impress anyone who enters the home and set the tone for the rest of the property’s luxurious features.

The living, dining and kitchen flow seamlessly together, with soaring high ceilings, feature lighting, banks of glass, and a stunning stone-feature fireplace. This free-flowing layout between the living, dining, and kitchen areas and the outdoor space can be a great option for those who enjoy entertaining or who simply want a more open and connected living space. It can also be a great way to bring the outdoors inside, making the home feel more connected to the surrounding environment.

Outdoor entertaining is a breeze with the multiple outdoor zones, large 10mx5m saltwater pool, and poolside firepit lounge. For the wine connoisseurs, there’s a below-ground wine cellar surrounded by concrete blockwork.

The kitchen itself is an impeccable culinary space, fitted with a premium stone benchtop, extensive custom cabinetry, and a full suite of premium appliances, including a Miele 900mm oven, Miele induction cooktop, integrated Smeg fridge/freezer, Smeg dishwasher, and Smeg rangehood.

This estate offers luxurious and comfortable accommodation with 4 large bedrooms, 3 bathrooms, and stunning views of the lake and golf course from the master suite and 2 of the bedrooms. The master suite is a true retreat, featuring a luxurious bath ensuite with dual vanity and an executive walk-in robe. The additional bedrooms are also generously sized and offer plenty of storage space, making them comfortable and practical spaces for all members of the household.

A dream come true for car enthusiasts, with a spacious 4 car secure garage and multiple off-street parking spaces behind secured front gates. The secure garage provides ample space for storing and protecting vehicles, and the additional off-street parking spaces offer flexibility for those with multiple vehicles or for hosting guests.

Conveniently located, it is just 5km from the Brisbane CBD and moments from some of Brisbane’s finest educational institutions, including St Peters Lutheran College, Ironside State School, Brisbane Boys College, and The University of Queensland. Major shopping centres such as Indooroopilly Shopping Centre and Toowong Village, filled with boutique shops, restaurants, and cafes, are just a short drive away.

Benefitting from remarkable attention to detail, this property includes:
– One-of-a-kind architecturally designed renovated residence
– Desirable 1,325sqm position with lake and golf course outlook
– Grand foyer entrance with double-height ceilings and banks of full-height glass
– Easy access to Indooroopilly and St Lucia Golf Course
– Exclusive Indooroopilly cul-de-sac surrounded by premium homes
– 4 bed, 3 bath, up to 7 car accommodation (4 car garage + multiple off-street parking)
– Oversized master bedroom with luxurious dual ensuite and executive walk-in robe
– Large in-ground pool, multiple indoor and outdoor living zones
– Below-ground wine cellar surrounded by concrete blockwork
– Ducted/zoned air-conditioning, security camera system, solar panel system, crimsafe screens
– Impeccable kitchen fitted with premium stone benchtops, extensive custom cabinetry, and a full suite of premium appliances, including a Miele 900mm oven, Miele induction cooktop, integrated Smeg fridge/freezer, Smeg dishwasher, and Smeg rangehood.
– Premium finishes throughout such as custom joinery, French Oak flooring, Stone feature cladding, epoxy-sealed driveways, brass tapware, banks of full-height glass and soaring high ceilings.

From the homely.com.au listing

About the Suburb

Indooroopilly is a vibrant suburb located in Queensland, with a population of approximately 13,622 residents. The demographic composition of the suburb is diverse, with a mix of age groups. There are significant numbers of residents in the age range of 20 to 44 years, making it an appealing location for young professionals and families. The median household income is $2,078 per week, indicating a relatively affluent community. The suburb offers various transportation options, including train, bus, and motor vehicle, with a considerable number of residents working from home.

Indooroopilly presents lucrative investment opportunities for both house and unit buyers. The median sale price for houses is $1,335,000, with an interquartile range of $881,250, indicating good potential for renovators. The market absorption rate is 32.6%, indicating high demand and potential for price growth. The median growth for houses is -4.6%, suggesting a buyer’s market. For units, the median sale price is $615,000, with a lower interquartile range of $243,000. The market absorption rate for units is 19.0%. The median growth for units is 8.4%, indicating potential for capital appreciation. The suburb has a rental yield median of 3.3% for houses and 5.1% for units, suggesting good potential for investors seeking rental income.

Indooroopilly is an attractive suburb in Queensland, offering a mix of lifestyle and investment opportunities. With its diverse population and convenient transportation options, the suburb appeals to a range of residents, especially young professionals and families. Investors can take advantage of the potential for renovating properties in the house market, while also benefiting from the capital appreciation and rental yield in the unit market. The suburb’s high market absorption rate indicates strong demand, and the rental demand-supply ratio further supports the investment potential. With its convenient location and desirable amenities, Indooroopilly is an excellent choice for both homeowners and property developers.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Suburb Median

Market Absorption

Suburb Yield

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