1973 Gympie RoadBald Hills QLD 4036
Property Details for 1973 Gympie Rd, Bald Hills
1973 Gympie Rd, Bald Hills is a 5 bedroom, 5 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 506m2 and floor size of 247m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 5 bedroom BlockOfUnits sold in Bald Hills in the last 12 months.
Last Listing description (December 2025)
Hugo Alexander is pleased to present this exceptional investment opportunity in Northside suburb of Bald Hills, Brisbane.
Purpose built to achieve strong rental income, this Rooming House is thoughtfully designed with a three phase 13KW solar system + Battery, and contemporary finishes, carpeted bedrooms, tiled bathrooms and hybrid flooring.
Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition.
Demo home - 60 Burralong Street, Deagon
private viewings available
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1973 Gympie Rd, Bald Hills - Rooming House
Sited on a flat 506m2 lot, This house is 5 bed, 5 bath, 5 kitchenettes, kitchen, laundry, dining room, 5 courtyards, car parking for 5 on site
Each room is beautifully presented; new, and spacious, with a separate living room, bedroom, kitchenette, ensuite and courtyard.
The communal area has a large kitchen, dining room and laundry.
Construction of the home is approximately 24 weeks with a 12 week lead in typically.
The home will be an approved and certified Class 1B property allowed to lease each suite (5) separately.
For more information please email harry@hugoalexander.com.au
Rooming House demand
50 tenants for each 1 bedroom tenancy
Brisbane population - 2,568,000
Single population - 1,093,970
Tenants per house - 5
Rooming Houses required to fill demand - 219,000
Rooming Houses completed - approximately 873
As an investor, this niche is the most highly sought by tenants and undersupplied. Owning a Rooming House means you are contributing to making Brisbane a more livable city, so tenants can enjoy dignified, comfortable and safe accommodation.
Rooming Houses help accommodate single employed adults in their own tenancy. They move singles from share houses and open up rental homes for families.
Market rent
Fully leased for $2100 per week - $109,725 per annum
$420/week x 5 (52.25 week year)
Peak leasing $450/week/suite
- 506m2 lot in quiet street
- low-set build with high ceilings
- Class 1B certified rooming house
- Solar system with Battery
- 5 individual leases as per 1B certification
- Furniture optional $26k ( GST inclusive )
- 5 larger courtyards
- 6 kitchens
- 4 car spaces
- Approved class 1B for 5 leases to fully employed adults
- 5 car spaces
Location:
Bald Hills is 20km North of the Brisbane City centre in an elevated position. The area is characterised by highset brick and weatherboard homes with an increasing mix of new contemporary large family homes. Bald Hills has excellent road and rail and bus access to the city, Chermside Westfield, Airport, high ways, big box retail, shopping centres, restaurants, cafes, takeaway food and sports grounds. The largest retail franchises Woolworths, Coles, Aldi are close by in 3 large shopping villages and there is an abundant offering of international cuisine making the area a very vibrant and engaging community. There is no flood or character overlays here. The area is primed for exceptional capital growth.
25 mins to Brisbane CBD
20 mins to Brisbane Airport
11 mins to Chermside Westfield
3 mins to Coles
3 mins to Woolworths
850m to train station
40m to bus stop
Neighbouring suburbs:
Bracken Ridge, Strathpine, Aspley, and Chermside
This property is located on a quiet street and close to a number of shopping and food precincts.
Don't miss out on this great investment opportunity.
Contact Harry Imam on 0403 180 092 or harry@hugoalexander.com.au for further information.
Contact Ravi Gayan on 0426 560 756 or ravi@hugoalexander.com.au
Property History for 1973 Gympie Rd, Bald Hills, QLD 4036
- 08 Dec 2025Sold
- 16 Jun 2025Listed for Sale Not Disclosed
- 08 Nov 2024Sold for $850,000
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About Bald Hills 4036
The size of Bald Hills is approximately 12.9 square kilometres. It has 19 parks covering nearly 37.0% of total area. The population of Bald Hills in 2016 was 6502 people. By 2021 the population was 7000 showing a population growth of 7.7% in the area during that time. The predominant age group in Bald Hills is 30-39 years. Households in Bald Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bald Hills work in a professional occupation.In 2021, 72.50% of the homes in Bald Hills were owner-occupied compared with 72.20% in 2016.
Bald Hills has 2,892 properties. Over the last 5 years, Houses in Bald Hills have seen a 100.58% increase in median value, while Units have seen a 101.89% increase. As at 30 November 2025:
- The median value for Houses in Bald Hills is $980,741 while the median value for Units is $772,854.
- Houses have a median rent of $628 while Units have a median rent of $440.
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