7 Mcphail Street, Zillmere, QLD 4034 | BlockOfUnits for sale | OnTheHouse
FOR SALE
Offers Over $1,425,000

7 Mcphail Street
Zillmere QLD 4034

Bedrooms: 5
Bathrooms: 5
Car spaces: 1
Land area: 404m2
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Brand New, High Quality and Turnkey Rooming House Offering 7.5% Gross Yield

This brand new, high-quality rooming house presents an outstanding opportunity on a low maintenance 404m² block. Purposefully designed to attract and quality reliable tenants, the property offers a rental return of $2,060 per week ($107,020 per annum), delivering an impressive 7.5% gross yield.
Each room functions as a fully self-contained one-bedroom unit, complete with a bedroom, living area, kitchenette, bathroom, and air conditioning. Tenants also have access to a shared kitchen with an oven, cooktop, rangehood, and sink, as well as a laundry area featuring two washing machines, overhead storage, and a large sink.
Perfectly positioned within walking distance to key amenities:
* The property's location is ideal, offering a range of transport options for tenants, including multiple bus stops within a one-minute walk and Zillmere train station just a five-minute drive away.
* Taigum Square offers a variety of shops, including Woolworths, dine-in and takeaway restaurants, pharmacies, and health services, all just a short 350m walk away.
What is a Rooming House and why Brisbane?
Rooming Houses are a relatively new, but increasingly popular concept in Brisbane. Around 3% of the rental market in Brisbane are Rooming Houses.
They can be found across many Brisbane suburbs and usually contain 5 micro apartments that can be leased out individually (single occupants only), generally on either 6 or 12 month leases.
The houses are generally custom built with each of the 5 suites containing its own living area, kitchenette, bathroom and bedroom. The suites are typically fully furnished and include all services (electricity, internet and water usage) in the rent. Typically, young professional or older separated people are the main occupants.
A number of rooming houses have been constructed over the last 5 years and their popularity is a result of their high yielding, low risk offering. Most rooming houses generate significantly more income than their outgoings resulting in around $20k - $35k of s cash flow.
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Property Details for 7 Mcphail St, Zillmere

7 Mcphail St, Zillmere is a 5 bedroom, 5 bathroom BlockOfUnits with 1 parking spaces and was built in 2025. The property has a land size of 404m2. The place is currently for sale with YSH Property.

Building Type
BlockOfUnits
Year Built
2025
Land Size
404m2
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About Zillmere 4034

The size of Zillmere is approximately 3.6 square kilometres. It has 9 parks covering nearly 12.6% of total area. The population of Zillmere in 2016 was 8967 people. By 2021 the population was 9323 showing a population growth of 4.0% in the area during that time. The predominant age group in Zillmere is 30-39 years. Households in Zillmere are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Zillmere work in a professional occupation.In 2021, 44.60% of the homes in Zillmere were owner-occupied compared with 42.20% in 2016.

Zillmere has 4,602 properties. Over the last 5 years, Houses in Zillmere have seen a 94.70% increase in median value, while Units have seen a 113.84% increase. As at 31 October 2025:

  • The median value for Houses in Zillmere is $948,781 while the median value for Units is $693,441.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 11 properties listed for sale, and 18 properties listed for rent in Zillmere on OnTheHouse. According to Cotality's data, 255 properties were sold in the past 12 months in Zillmere.

Suburb Insights for Zillmere 4034

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Noah Campbell
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Dean Parker
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YSH Property
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.