17 Brooke Street, Rocklea, QLD 4106 | Land for sale | OnTheHouse
 
FOR SALE
$900,000

17 Brooke Street
Rocklea QLD 4106

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 845m2
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Opportunity for investors! 9km from the Brisbane CBD

Opportunity for Investors - 428SQM & 417SQM ( Subject to council approval)
Discover one of the best value vacant land blocks in Brisbane! Situated in a peaceful residential street and directly access to Ipswich Road , this property is primed for you to design your dream home or investment property.
Certainly! Here's a breakdown of the real estate language used in your description:
Investment Opportunity: This property is attractive for investors due to its potential for high rental income.
• Low Medium Density Zoningl: The phrase "subject to council approval" indicates that any development plans (like building rooming houses or additional homes) need to be approved by the local government, which regulates land use.
• Rooming Houses: These are properties rented out by the room, often catering to tenants who need affordable housing. This can lead to consistent cash flow.
• Rental Income: The projected income range of $180000 to $200,000 indicates the potential annual revenue from renting out the rooming houses, which is a key metric for evaluating the investment's profitability.
Rental Yield: This is a measure of the return on investment from rental income, usually expressed as a percentage of the property's value. A "very good" rental yield means that the property could provide a solid return compared to other investments.
Overall, the property has significant potential for generating income through strategic development, but it's essential to follow the necessary legal procedures to ensure compliance with local regulations.
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Property Details for 17 Brooke St, Rocklea

Building Type
Land
Land Size
845m2
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About Rocklea 4106

The size of Rocklea is approximately 9.3 square kilometres. It has 22 parks covering nearly 13.8% of total area. The population of Rocklea in 2016 was 1595 people. By 2021 the population was 1672 showing a population growth of 4.8% in the area during that time. The predominant age group in Rocklea is 20-29 years. Households in Rocklea are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rocklea work in a professional occupation.In 2021, 49.80% of the homes in Rocklea were owner-occupied compared with 51.10% in 2016.

Rocklea has 1,456 properties. Over the last 5 years, Houses in Rocklea have seen a 101.07% increase in median value, while Units have seen a 99.67% increase. As at 30 November 2025:

  • The median value for Houses in Rocklea is $826,162 while the median value for Units is $648,200.
  • Houses have a median rent of $550 while Units have a median rent of $413.
There are currently 16 properties listed for sale, and 14 properties listed for rent in Rocklea on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Rocklea.

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Rocky Bhullar
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Shakar Rahim
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