49 Norman St, Wooloowin is a 10 bedroom, 4 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 600m2 and floor size of 408m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
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 600m 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:
Sitting on a flat 600m allotment with a 20m frontage, there is massive future potential here to subdivide into two prime Wooloowin lots (Subject to Council Approval). Land bank now and reap the rewards later!
Unbeatable Wooloowin Location:
- Positioned in one of Brisbane's most highly sought-after, blue-chip suburbs. You are just moments from local cafes, train stations, Eagle Junction, and within top local school catchments.
- Opportunities with this level of flexibility, passive income, and future wealth creation are virtually unheard of.
Send me a DM to request the floorplan and arrange your private inspection!
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 2,184 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:
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