Property Investment in Doolandella, Queensland

Property Investment in Doolandella

Property Investment in Doolandella, Queensland

Posted on February 1, 2021 by Mirren Property Investment

Median house price: $472,850 (Dec 2020)
Median house rental value: $450 PW (Jan 2021)
Transport: car, bus, bike
Population: 4.817 (2016)
State: Queensland
Size: 3.5 square kilometers
Location: 21.2l southwest of Brisbane CBD

Doolandella is a highly-sought-after suburb located on the outer west side of Brisbane City. It is a residential and bushland suburb located 17km southwest of Brisbane, between Forest lake and Blunder Creek.

Doolandella is connected to the Logan Motorway to the south and the Ipswich Motorway via Blunder Road. Its name is an aboriginal Australian word referring to a yellow fruit that grows in the area.

Real Estate Market
The median property price rose a bit high from last year which is now at $472,850 for houses and $265,000 for units. Investors considering investing in Doolandella can earn house rent of $450 PW and get an annual rental yield of 4.9% on their investment property.

Experts also see that Doolandella will experience a high-demand in the next five years. It’s one of the few suburbs out there that offers affordable and good-sized blocks of land. It’s a great suburb to purchase a big home for under or around $500,000.

Population and Demographics
In the last 2016 census, Doolandella has a population of 4,817 people. It’s 49% female and 51%, male. The median age is 30 years old; this is seven years below the national median age. 55.6% of the inhabitants in Doolandella were born in Australia.

Doolandella is a quiet and family-oriented suburb. People are generally friendly, and most are highly educated. Doolandella is very close to the large Forest Lake shopping centre and the Inala Plaza. You can find the closest library in Inala.

Public transportation is good in Doolandella. There are plenty of bus stops in the area, and the train station is only a short bus ride away.

Although there are no schools within the suburb, several excellent schools are just a few minutes’ drive from the residential place. Primary schools are in the neighbouring suburbs of Inala, Pallara, Durack, and Forest Lake. At the same time, you can find secondary schools in Forest Lake and Durack.

The city is also close and just about 20 minutes drive from the suburb. The suburb is a safe place to live and work with an almost non-existent crime rate.

Why Live and Invest in Doolandella?
– Doolandella has a healthy real estate market that’s poised for growth in the next five years.
– One of the best things about investing in Doolandella is the availability of affordable real estate options. You can already purchase a big home for under half a million dollars.
– Doolandella is a thriving suburb with a plethora of amenities. It’s a great place for new couples and old families to live and work.
– Doolandella’s transportation makes it easy for people to get around. With several bus routes and a traffic-free road, people can get to the city in just less than 20 minutes.

We’ll get you a property in Doolandella that fits your investment strategy, contact us today on (02) 8814 5275 or here.

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