40 Carousel St, Hillcrest is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 339m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Hillcrest in the last 12 months.
Whether you're an astute investor seeking dual income potential or a savvy buyer wanting space and flexibility, this brand new architecturally designed dual key home delivers the perfect opportunity. With a 3-bedroom residence on one side and a fully self-contained studio with ensuite on the other, this low-maintenance, high-yield investment is ready to perform.
Situated on a fully fenced block and built with quality finishes throughout, both dwellings are equipped with modern comforts and future-ready inclusions. Boasting Home Warranty Insurance and a 6.5-year Structural Builder's Warranty, peace of mind is built into the very foundation.
Projected Rental Yield: $920 - $950/week combined
Unit 1: 3 Bedroom Home Features
• Three bedrooms with built-in wardrobes & ceiling fans
• Open plan kitchen with stone benchtops, flick mixer tap & water point for fridge
• Melamine overhead cabinetry, pantry & microwave provision
• Quality stainless steel appliances
• Air conditioning in living area and main bedroom
• Stylish bathroom with stone benchtops, quality tapware & dual flush toilet
• Flush panel doors throughout
• Single electric lock-up garage
• Diamond Grill barrier screens to all external doors
• Covered outdoor area, fully fenced yard
Unit 2: Self-Contained Studio
• Private entry studio with built-in wardrobe & ceiling fan
• Modern ensuite with premium fittings
• Air conditioning in living area and main bedroom
• Functional kitchenette with overhead cabinetry, stone bench, and microwave nook
• Single electric lock-up garage
• Diamond Grill barrier screens
• Fully fenced, low maintenance outdoor space
This is not just a home-it's a strategic move in today's competitive market. Don't miss your chance to secure a dual-key gem with exceptional returns and modern style.
More photos coming soon. Final images will be uploaded after building handover is complete.
Disclaimer: Grass and concrete shown in images have been digitally added for marketing purposes and are yet to be installed.
The size of Hillcrest is approximately 3.2 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of Hillcrest in 2016 was 5626 people. By 2021 the population was 6268 showing a population growth of 11.4% in the area during that time. The predominant age group in Hillcrest is 30-39 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillcrest work in a machinery operators and drivers occupation.In 2021, 58.80% of the homes in Hillcrest were owner-occupied compared with 57.70% in 2016.
Hillcrest has 3,211 properties. Over the last 5 years, Houses in Hillcrest have seen a 126.67% increase in median value, while Units have seen a 158.95% increase. As at 31 January 2026:
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