15/21-23 Barossa Crescent, Caboolture South, QLD 4510 | Retirement for sale | OnTheHouse
 
FOR SALE
$360,000

15/21-23 Barossa Crescent
Caboolture South QLD 4510

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Rare Duplex set of 2 separate units on 1 title

Finding a high-yielding property that checks both the "affordability" and "strong return" boxes can feel like chasing a mirage in today's market. However, a rare investment gem has just emerged in the heart of Caboolture South, offering a unique dual-income structure on a single title.
Located at 15/21-23 Barossa Crescent, this property is structurally designed as two separate, fully independent units but packaged under one single title. For savvy investors, this means double the rent potential with only one set of council rates and title fees to worry about.
High Yields, Low Maintenance
The numbers speak for themselves. With the property currently hitting the market with expectations of Offers Over $369,000, the financial upside is highly compelling:
Gross Annual Return: Soon to return $31,200 per annum.
Net Yield: Sitting at a remarkably healthy ~5% net return.
In an era where leaving cash in a standard bank account struggles to keep pace with inflation, this set of units offers a robust, predictable cash-flow alternative.
Built for Comfort and Accessibility
Both units have been meticulously designed to cater to a reliable and growing demographic. Situated inside a premium, quiet 50+ community village, each individual unit features:
Comfortable Living: Open-plan, air-conditioned living spaces paired with a functional kitchenette.
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Property Details for 15/21-23 Barossa Cres, Caboolture South

15/21-23 Barossa Cres, Caboolture South is a 2 bedroom, 2 bathroom Retirement with 2 parking spaces. The place is currently for sale with REMAX Victory .

Building Type
Retirement
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About Caboolture South 4510

The size of Caboolture South is approximately 4.4 square kilometres. There are 11 parks, covering nearly 10.7% of the total area. The population of Caboolture South in 2016 was 5300 people. By 2021 the population was 7539 showing a population growth of 42.2% in the area during that time. The predominant age group in Caboolture South is 20-29 years. Households in Caboolture South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture South work in a labourer occupation.In 2021, 57.70% of the homes in Caboolture South were owner-occupied compared with 50.50% in 2016.

Caboolture South has 3,859 properties. Over the last 5 years, Houses in Caboolture South have seen a 129.56% increase in median value, while Units have seen a 134.25% increase. As at 31 July 2026:

  • The median value for Houses in Caboolture South is $886,453 while the median value for Units is $610,814.
  • Houses have a median rent of $630 while Units have a median rent of $470.
There are currently 46 properties listed for sale, and 24 properties listed for rent in Caboolture south on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Caboolture south.

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Geoff Kaplan
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REMAX Victory
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