117 Park RoadYeronga QLD 4104
Property Details for 117 Park Rd, Yeronga
Last Listing description (June 2026)
This 41 room, two storey dwelling is fully accredited with the Brisbane City Council and Department of Housing (Residential Service Unit) for 46 residents. Further, the property has the square meterage and amenities to facilitate a further increase to 52 persons (STCA), increasing the annual gross rental income.
With a property manager currently appointed, this property represents a passive investment for purchasers. Always occupied, this rooming accommodation has a capped waiting list and demand from potential tenants is continual and endless.
In an ultra-convenient location, the property is a short walk to Yeronga Train Station. Bus transport to the CBD is 70m away, with the outbound bus stop positioned on the opposite side of road from the property.
ACCREDITATION
Accreditation as a Residential Service Level 1 for 46 residents
OUTGOINGS PER ANNUM
Gas $4,200
Water $13,844
Rates $8,564
Insurance $11,767
LAND
910m2 LMR (2 or 3 Storey Mix Zone) on 2 lots, no traditional character overlay
May be possible for the rear part of the block to be subdivided into a third block of approx. 350sqm and sold separately, without affecting the current dwelling (STCA)
Not on flood map
PROPERTY OVERVIEW
All rooms fully furnished
All 41 rooms have personal storage, furniture, beds, fridge/freezer
Recently painted internally and externally
New carpet
Near new roof
Solar power, 36 panels
Property History for 117 Park Rd, Yeronga, QLD 4104
- 30 Jan 2026Sold for $6,000,000
- 26 Dec 2025Listed for Sale Contact Matthew
- 02 Jul 2014Sold for $1,200,000
Recent sales nearby
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About Yeronga 4104
The size of Yeronga is approximately 3.5 square kilometres. There are 13 parks, covering nearly 21.8% of the total area. The population of Yeronga in 2016 was 6535 people. By 2021 the population was 7062 showing a population growth of 8.1% in the area during that time. The predominant age group in Yeronga is 20-29 years. Households in Yeronga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeronga work in a professional occupation.In 2021, 51.90% of the homes in Yeronga were owner-occupied compared with 53.30% in 2016.
Yeronga has 3,749 properties. Over the last 5 years, Houses in Yeronga have seen a 68.59% increase in median value, while Units have seen a 103.05% increase. As at 30 June 2026:
- The median value for Houses in Yeronga is $1,910,519 while the median value for Units is $976,211.
- Houses have a median rent of $790 while Units have a median rent of $630.
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