Address
32 Saint James Drive, Belgian Gardens, QLD 4810
Investment Strategy
Positive Cashflow/High Yield
Development Timeline
Property For Sale
Estimated For Rent
Unfortunately, this property is now listed as Under Offer. You can find more just like it Australia wide at stashproperty.com.au
Rental Insights
Unleash the true earning power of your property with Stash Property. Whether it’s capitalising on the flexibility of short-term platforms like Airbnb, securing stable income with long-term tenants, or maximizing space with individual room leases, Stash analyses every option to pinpoint the most lucrative path for your specific property. With Stash, maximising your potential yield is no longer a gamble, it’s a well-calculated strategy.
Source: stashproperty.com.au
Investment Stats
2023
5.3
7
About the Property
A classic freestanding house beautifully updated in a contemporary style. With a window-wrapped living space opening to a front alfresco deck bringing masses of natural light and cross-flow. Offering huge appeal for families, both now and in the future, it’s in the area’s premier pocket, moments to The Strand foreshore and walkway, schools, transport and village hub.
• Elevated position on 767sqm allotment
• Light bright interiors w/ coastal breezes
• Large open plan living/dining to upper level
• Modest kitchen w/ huge potential & green outlook
• Numerous breakaway areas/alfresco deck/verandahs
• Master w/ newly renovated ensuite, private balcony
• Additional two bedrooms to upper level
• Renovated main bath with bathtub & skylight
• Polished timber floorboards, internal staircase, split system a/c
• Third bathroom + flexible under house living
• Established terraced gardens
• Solar 6.6kW, four designated car accom + additional off street parking
• Walk to The Strand foreshore, Belgian Gardens State School & local shops
From the domain.com.au listing
Source: stashproperty.com.au
About the Suburb
Belgian Gardens is a suburb located in QLD 4810 with a population of 2,073. The suburb has a mix of age groups, with a significant number of residents aged 45 to 64 years. The median household income is $1,638 per week, and the majority of residents either own or rent their homes. The suburb offers various commuting options, with the most common being motor vehicle transportation. Additionally, there is a good representation of different occupations in Belgian Gardens, including professionals, managers, and technicians/tradeworkers.
Belgian Gardens presents opportunities for both house and unit investments. The median sale price for houses is $600,000, with a sale price range of $267,000 to $1,498,000. The suburb has a sale price IQR ratio of 46.0%, indicating potential for renovators. The market absorption rate is 15.4%, suggesting moderate demand. For units, the median sale price is $298,750, offering affordable options for buyers. The vacancy rate is low at 0.3%, indicating a high demand for rentals. Investors can also benefit from a strong rental yield of 6.7% for units.
Belgian Gardens, QLD 4810 is a diverse suburb offering a mix of housing options suitable for both homeowners and investors. With a range of property prices, the suburb provides opportunities for affordable purchases as well as high-end investments. Residents enjoy a convenient location with easy access to transportation options. The suburb’s demographics reflect a variety of occupations, indicating a vibrant community. Prospective buyers or investors can consider Belgian Gardens for its potential for property appreciation and attractive rental yields.
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
