OFF MARKET

209 Wilruna Street
Wacol QLD 4076

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 4034m2
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Property Details for 209 Wilruna St, Wacol

209 Wilruna St, Wacol is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 4034m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Land Size
4034m2
Local Government
Brisbane
Lot/Plan
1/RP29754

Last Listing description (September 2024)

Investors Note

Invest in this high-demand SDA location and achieve more with up to 15.1% gross yield and TPI of $172k.

SDA providers are calling out for more new homes in prime locations.

What is SDA?

Specialist Disability Housing is housing that has been specially designed to suit the needs of people with a disability who have an 'extreme functional impairment' or 'very high support needs'. The specialised features of an SDA property are intended to support the resident(s) to live as independently as possible and in so doing reduce their lifetime support costs.

Specialist Disability Housing offers investors a very high yielding asset. For more information get in contact with us today.

Location

Centrally located in one of Australia's fastest growing regions, Wacol is 22 km southwest of the Brisbane CBD. This region is currently in high demand for SDA housing according to recent Demand Data from the NDIS.

Maplewood estate is located next to Gailes Golf Club and conveniently located 1 km from Wacol Train Station, providing a smooth 30 min train ride into the Brisbane CBD. Springfield Central is 10 km to the south, providing residents with restaurants, entertainment, shopping and more.

From an SDA perspective, this property provides easy access to the Springfield Mater Private Hospital and health precinct. There is also an abundance of nearby medical services available.

What's Nearby

- 50 m from Gailes Golf Club
- 1 km from Wacol Train Station
- 2.2 km from Gailes Medical Centre
- 3.4 km from Woolworths Goodna
- 4.1 km from Richlands Square Marketplace
- 4.2 km from Richlands General Practice
- 4.8 km from Richlands Plaza
- 7 km from Forest Lake Shopping Village
- 10 km from Orion Springfield Central Shopping Mall
- 11.8 km from Mater Private Hospital Springfield
- 18 km from Ipswich CBD
- 18 km from Ipswich Hospital
- 22 km from Brisbane CBD

About the Property

- House and land package | 2 Part-Contract
- Land area | 599sqm
- Build area | 226sqm
- Land due to register Sept 2024
- High Physical Support SDA | 3.3.2.2 | 2P + OOA
- Full turnkey
- Fast build times
- Total support throughout the build and tenanting process!

Demand

The data confirms what the SDA providers are telling us. They need more new SDA homes in SE QLD.

Participants with SDA funding in use: 46
Participants with SDA funding, SDA not in use: 44
Participants with SDA funding: 90
Additional Participants eligible for SDA: 44
Total Participants with SDA funding or a SDA need: 134

The Key Numbers

As of July 2024, the SDA pricing was increased, this includes High Physical Support, Improved Liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support

SDA Income - $74,254 per participant
MRRC - $12,058 per participant
Location Factor - .84
Potential Total Income | $172,624
Potential Yield - 15.1%

Improved Liveability

SDA Income - $61,783 per participant
MRRC - $12,058 per participant
Location Factor - 0.84
Potential Total Income | $147,682
Potential Yield - 12.9%

*Please note that these numbers are based on 2 participants only. Pricing is current as at July 2024 and is as per published SDA schedules.

Ready to get started?

- Reserve this property with a $5,000 Expression of Interest

Make your move soon though as this is going to sell quickly.

Disclaimer

We have in preparing this information used our best endeavours to ensure the information provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.

Property History for 209 Wilruna St, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$2,200,000
11 Aug 2022
  • 01 Sep 2024
    Listed for Sale From $940 000
  • 11 Aug 2022
    Sold for $2,200,000
  • 09 Apr 2021
    Sold for $611,000
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About Wacol 4076

The size of Wacol is approximately 18.2 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Wacol in 2011 was 2,957 people. By 2016 the population was 3,774 showing a population growth of 27.6% in the area during that time. The predominant age group in Wacol is 20-29 years. Households in Wacol are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wacol work in a trades occupation. In 2011, 61.3% of the homes in Wacol were owner-occupied compared with 45.4% in 2016.

Wacol has 710 properties. Over the last 5 years, Houses in Wacol have seen a 116.48% increase in median value, while Units have seen a 41.85% increase. As at 30 September 2024:

  • The median value for Houses in Wacol is $625,428 while the median value for Units is $468,901.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 1 property listed for rent in Wacol on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Wacol.

Suburb Insights for Wacol 4076

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.