Looks Like a Home. Performs Like Something More.
Floor plans, furniture and fixtures, measurements, and dimensions are approximate and provided for illustrative purposes only.
There’s more to this opportunity than what you see on the outside.
Behind the contemporary façade is a dual occupancy investment designed to generate an estimated $1,280 per week in combined rental income, delivering an indicative 6.2% rental yield.
But the property itself is only part of the story.
It sits within a growing coastal market where population, employment, infrastructure and housing demand are moving together — creating the fundamentals investors want to see behind a property purchase.
Nearly 29,000 More Residents by 2041
The wider region’s population was estimated at 115,246 in 2023, with forecasts showing it could reach approximately 144,011 by 2041.
That’s an increase of 28,765 people, or almost 25%.
To accommodate this expansion, approximately 17,990 additional dwellings are forecast to be required by 2041.
Importantly, the research identifies net migration as a key contributor to recent population growth, with new residents relocating from other parts of Queensland.
For investors, a growing population and the corresponding need for more housing can help support long-term rental demand and a deeper tenant pool.
Billions Supporting Jobs and Economic Activity
This isn’t a market relying on population growth alone.
The research identifies significant investment supporting employment and economic diversification, including a $7.1 billion train manufacturing program expected to support around 800 local jobs.
A further $90 million defence manufacturing facility supports more than 100 jobs, while expansion of a major timber manufacturing facility has been associated with more than 200 jobs.
These investments add to an employment base supported by industries including healthcare, construction, education, tourism and manufacturing.
For property investors, employment growth matters. More jobs can attract and retain workers, strengthen household formation and contribute to ongoing demand for rental accommodation.
Infrastructure Is Keeping Pace With Growth
Investment is also flowing into the infrastructure and services required to support an expanding population.
Major projects identified in the research include:
$100 million CBD redevelopment
$44.66 million hospital emergency department
$39.61 million mental health facility
$24 million airport renewal
$20 million university campus upgrade
Major highway and transport upgrades
This level of investment can improve healthcare, education, transport and connectivity, while also supporting employment and broader economic activity.
For investors, these are important fundamentals. Sustainable housing demand needs more than population growth — it needs the infrastructure and services to support it.
Lifestyle Appeal That Supports Rental Demand
Strong rental markets aren’t driven by employment and population growth alone.
Tenants also need reasons to choose an area and remain there.
The surrounding neighbourhood provides convenient access to shopping, schools, medical facilities and green spaces, while beaches and coastal recreation are only minutes away.
The wider market is also supported by healthcare facilities, higher education and airport connectivity.
Tourism adds another layer to the local economy, with the research recording 1.738 million visitors in 2022 and domestic overnight visitor expenditure reaching $638.4 million.
For investors, this combination of employment access, essential services, connectivity and lifestyle amenity can broaden the tenant pool and support ongoing rental demand.
Two Living Areas. One Investment.
The property combines a four-bedroom primary residence with a separate two-bedroom secondary residence, creating the potential for two rental income streams from the one investment.
This structure can reduce reliance on a single tenancy, appeal to different tenant profiles and provide stronger income potential than a traditional single-dwelling investment.
With an estimated $1,280 per week in combined rent and an indicative 6.2% rental yield, the property has been designed with cash flow firmly in focus.
Property Details
Purchase Price: $1,069,777 Dual Occupancy: 4+2 / 2+1 / 1+1 House Size: 235.3 m² Unit 1: 152.2 m²Unit 2: 83.1 m² Land Size: 600 m² Estimated Rent: $1,280 p/w Rental Yield: 6.2% Land Registration: Registered Estimated Completion: Q3 2027 Contract Type: Double contract
The Property Is Only Half the Investment Story
A 6.2% indicative rental yield may capture attention, but the bigger picture is what sits behind it — almost 25% forecast population growth, thousands of additional dwellings required, major investment in employment-generating projects and continued improvements to essential infrastructure.
Combined with the potential for two rental income streams, this opportunity brings together cash flow and the underlying fundamentals that can help support rental demand over the longer term.
Could this be the income-focused addition your portfolio has been waiting for? Speak with our team to find out.
This info is general and for illustrative purposes only. It doesn't take your personal financial situation into account and isn't intended as financial, legal, or tax advice. Any projections are just a guide based on third-party data. We always recommend checking in with your accountant or a licensed professional before making any investment moves.
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