5/15 Sir Fred Schonell Drive, St Lucia, QLD 4067 | Unit for sale | OnTheHouse
 
FOR SALE
FOR SALE

5/15 Sir Fred Schonell Drive
St Lucia QLD 4067

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Elevated, Flood-Free & Tenanted Until 2027 - A Set & Forget Investment

A smart addition to any portfolio, this two-bedroom unit offers secure long-term income and strong rental growth potential in one of Brisbane's most tightly held rental markets.
Positioned well back from Sir Fred Schonell Drive, the property enjoys an elevated, flood-free location with excellent natural light, breezes, and a leafy suburban outlook. While the interiors would benefit from a modern upgrade, the bones are solid-making this a low-maintenance investment today with clear renovation upside down the track.
Currently leased to reliable tenants until the end of January 2027, the property currently rents for $495 per week, increasing to $520 per week in February 2026, providing stable, predictable cash flow with built-in rental growth already secured.
St Lucia remains a favourite with both tenants and buyers, driven by its proximity to the University of Queensland, city-bound transport, and lifestyle amenity. Whether you are starting your investment portfolio or looking to add another to the collection this unit offers incredible upside at a price point where opportunities to enter the suburb's market have become exceptionally rare.

Property Details for 5/15 Sir Fred Schonell Dr, St Lucia

5/15 Sir Fred Schonell Dr, St Lucia is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Raine & Horne Brisbane West.

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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. It has 36 parks covering nearly 19.4% of total area. The population of St Lucia in 2016 was 12574 people. By 2021 the population was 12220 showing a population decline of 2.8% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation.In 2021, 44.40% of the homes in St Lucia were owner-occupied compared with 41.60% in 2016.

St Lucia has 5,616 properties. Over the last 5 years, Houses in St Lucia have seen a 34.54% increase in median value, while Units have seen a 80.39% increase. As at 31 October 2025:

  • The median value for Houses in St Lucia is $1,875,116 while the median value for Units is $868,677.
  • Houses have a median rent of $688 while Units have a median rent of $660.
There are currently 30 properties listed for sale, and 52 properties listed for rent in St lucia on OnTheHouse. According to Cotality's data, 259 properties were sold in the past 12 months in St lucia.

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Louie Maxwell
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Raine & Horne Brisbane West
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