49 Norman Street, Wooloowin, QLD 4030 | House for sale | OnTheHouse
 
FOR SALE
NEW PRICE: $1.85m+

49 Norman Street
Wooloowin QLD 4030

Bedrooms: 12
Bathrooms: 4
Car spaces: 4
Land area: 600m2
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💰 The Ultimate Mortgage Destroyer in Wooloowin | Dual Living Cash Cow + Subdivision Upside! 💰

Offered to the market for the first time in 25 years, 49 Norman Street is a property unlike anything else in Wooloowin. Whether you are a savvy investor chasing incredible yields, a multi-generational family needing serious space, or a homebuyer looking for a property that literally pays for itself-this is the one.
Set on a prime 600m² block with a massive 20m frontage, this historic character residence (circa 1920) has been lifted and built-in underneath, creating two entirely separate, massive living quarters.
The Cash Cow (Downstairs):
- Massive Income Stream: Featuring 6+ bedrooms, a sizeable kitchen, and 2 bathrooms/toilets.
- Ready to Earn: Currently generating around $1,000 per week (with potential up to $1,400/wk if rooms are rented individually).
- The Benefit: Live upstairs while the downstairs tenants completely smash your mortgage repayments!
The Character Blank Canvas (Upstairs):
- Historic Charm: Upstairs features a sprawling 5-bedroom layout with 2 bathrooms and original 1920s colonial character.
- Add Massive Value: It's in neat, original condition and ready for its next chapter. With an estimated $150,000 renovation budget, you can completely overhaul the kitchen, bathrooms, flooring, and paint to create a brand-new luxury haven upstairs while the downstairs continues to fund your lifestyle.
The Development Upside:
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Property Details for 49 Norman St, Wooloowin

49 Norman St, Wooloowin is a 12 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 600m2. The place is currently for sale with Jay Wu Estate Agents.

Building Type
House
Land Size
600m2
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About Wooloowin 4030

The size of Wooloowin is approximately 1.1 square kilometres. There is 1 park within the area. The population of Wooloowin in 2016 was 3938 people. By 2021 the population was 4029 showing a population growth of 2.3% in the area during that time. The predominant age group in Wooloowin is 30-39 years. Households in Wooloowin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wooloowin work in a professional occupation.In 2021, 48.70% of the homes in Wooloowin were owner-occupied compared with 46.10% in 2016.

Wooloowin has 2,179 properties. Over the last 5 years, Houses in Wooloowin have seen a 65.00% increase in median value, while Units have seen a 111.60% increase. As at 30 June 2026:

  • The median value for Houses in Wooloowin is $1,751,459 while the median value for Units is $900,404.
  • Houses have a median rent of $850 while Units have a median rent of $583.
There are currently 12 properties listed for sale, and 6 properties listed for rent in Wooloowin on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Wooloowin.

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Jay Wu
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Antonio Calabrese
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Jay Wu Estate Agents
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