Possibly the sleeper: Morayfield-level entry ($910k median, 4-bed $958k), two Redcliffe-line stations, The Mill's tenant demand next door, and a proven 43% rental base.
The lowest rent on the list ($620/wk) and mid-pack rent growth hold the yield at 3.5% until The Mill matures; the 70s–80s core adds repair load the fund pays for.
Nothing structural — mild townhouse infill around the stations is the only supply note.
Cheap entry + precinct-driven tenant demand + no Waraba is a rational SMSF thesis for a patient hold. Pick post-2000 stock to protect fund cash flow. 3 favourites deserve the deep-dive.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ✓ Good | 14.9% compound over 5 yrs, 16.7% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ◐ Mixed | 3.7% gross (stated) — expect contribution top-ups at LRBA rates; losses stay trapped in the fund at 15%. PropTrack via suburb page |
| Flood risk | ◐ Mixed | Mostly elevated; Freshwater/Saltwater Creek lines affect some streets. Council flood mapping |
| Crime | ◐ Mixed | Mid-pack for the corridor — below Caboolture, above Narangba. QPS crime map |
| Infrastructure | ✓ Good | Beside The Mill/UniSC precinct; two stations (Kallangur, Murrumba Downs) on the Redcliffe Peninsula line. Qld State Development (The Mill PDA) |
| Owner-occupier appeal | ◐ Mixed | 56% owned / 43% rented, 70% family households — balanced: resale depth plus a proven tenant pool. ABS via suburb page |
| New supply risk | ◐ Mixed | Built-out core with townhouse infill concentrating around the stations. editorial |
| Distance to rail | ✓ Good | Kallangur station (Redcliffe Peninsula line). Translink network |
| Housing stock & upkeep | ◐ Mixed | 1970s–80s core plus newer infill — check each house's era. editorial — stock-age judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $460,550 | 425 |
| 2021-08-31 | $470,000 | 440 |
| 2021-09-30 | $482,500 | 456 |
| 2021-10-31 | $495,000 | 462 |
| 2021-11-30 | $510,000 | 459 |
| 2021-12-31 | $520,000 | 462 |
| 2022-01-31 | $531,000 | 448 |
| 2022-02-28 | $550,000 | 444 |
| 2022-03-31 | $565,000 | 445 |
| 2022-04-30 | $580,000 | 449 |
| 2022-05-31 | $595,000 | 447 |
| 2022-06-30 | $600,000 | 452 |
| 2022-07-31 | $615,000 | 433 |
| 2022-08-31 | $630,000 | 416 |
| 2022-09-30 | $632,000 | 387 |
| 2022-10-31 | $632,000 | 371 |
| 2022-11-30 | $632,000 | 359 |
| 2022-12-31 | $630,000 | 349 |
| 2023-01-31 | $628,025 | 340 |
| 2023-02-28 | $620,000 | 326 |
| 2023-03-31 | $620,000 | 313 |
| 2023-04-30 | $620,000 | 306 |
| 2023-05-31 | $618,500 | 304 |
| 2023-06-30 | $620,000 | 303 |
| 2023-07-31 | $619,000 | 313 |
| 2023-08-31 | $615,000 | 314 |
| 2023-09-30 | $620,000 | 313 |
| 2023-10-31 | $625,000 | 318 |
| 2023-11-30 | $632,500 | 331 |
| 2023-12-31 | $645,000 | 329 |
| 2024-01-31 | $648,556 | 330 |
| 2024-02-29 | $655,000 | 327 |
| 2024-03-31 | $660,000 | 326 |
| 2024-04-30 | $665,000 | 324 |
| 2024-05-31 | $680,000 | 320 |
| 2024-06-30 | $685,000 | 313 |
| 2024-07-31 | $695,000 | 311 |
| 2024-08-31 | $700,000 | 313 |
| 2024-09-30 | $710,000 | 319 |
| 2024-10-31 | $720,000 | 323 |
| 2024-11-30 | $725,000 | 316 |
| 2024-12-31 | $730,000 | 314 |
| 2025-01-31 | $733,000 | 326 |
| 2025-02-28 | $750,000 | 343 |
| 2025-03-31 | $756,000 | 345 |
| 2025-04-30 | $760,000 | 340 |
| 2025-05-31 | $770,000 | 331 |
| 2025-06-30 | $780,000 | 333 |
| 2025-07-31 | $780,500 | 332 |
| 2025-08-31 | $787,000 | 329 |
| 2025-09-30 | $799,000 | 343 |
| 2025-10-31 | $807,500 | 344 |
| 2025-11-30 | $822,000 | 357 |
| 2025-12-31 | $827,500 | 358 |
| 2026-01-31 | $840,000 | 344 |
| 2026-02-28 | $860,000 | 329 |
| 2026-03-31 | $867,500 | 322 |
| 2026-04-30 | $890,000 | 321 |
| 2026-05-31 | $900,000 | 313 |
| 2026-06-30 | $910,000 | 293 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $400/wk | 405 |
| 2021-08-31 | $400/wk | 388 |
| 2021-09-30 | $410/wk | 401 |
| 2021-10-31 | $410/wk | 413 |
| 2021-11-30 | $420/wk | 419 |
| 2021-12-31 | $420/wk | 419 |
| 2022-01-31 | $423/wk | 426 |
| 2022-02-28 | $430/wk | 421 |
| 2022-03-31 | $430/wk | 419 |
| 2022-04-30 | $440/wk | 411 |
| 2022-05-31 | $450/wk | 403 |
| 2022-06-30 | $450/wk | 410 |
| 2022-07-31 | $460/wk | 416 |
| 2022-08-31 | $470/wk | 427 |
| 2022-09-30 | $473/wk | 428 |
| 2022-10-31 | $480/wk | 428 |
| 2022-11-30 | $485/wk | 421 |
| 2022-12-31 | $485/wk | 417 |
| 2023-01-31 | $490/wk | 428 |
| 2023-02-28 | $495/wk | 426 |
| 2023-03-31 | $500/wk | 421 |
| 2023-04-30 | $500/wk | 439 |
| 2023-05-31 | $500/wk | 449 |
| 2023-06-30 | $520/wk | 442 |
| 2023-07-31 | $520/wk | 452 |
| 2023-08-31 | $520/wk | 441 |
| 2023-09-30 | $530/wk | 448 |
| 2023-10-31 | $530/wk | 444 |
| 2023-11-30 | $530/wk | 438 |
| 2023-12-31 | $533/wk | 440 |
| 2024-01-31 | $540/wk | 441 |
| 2024-02-29 | $540/wk | 435 |
| 2024-03-31 | $550/wk | 428 |
| 2024-04-30 | $550/wk | 423 |
| 2024-05-31 | $550/wk | 427 |
| 2024-06-30 | $550/wk | 419 |
| 2024-07-31 | $550/wk | 406 |
| 2024-08-31 | $560/wk | 409 |
| 2024-09-30 | $560/wk | 403 |
| 2024-10-31 | $570/wk | 420 |
| 2024-11-30 | $575/wk | 414 |
| 2024-12-31 | $580/wk | 409 |
| 2025-01-31 | $580/wk | 414 |
| 2025-02-28 | $585/wk | 414 |
| 2025-03-31 | $585/wk | 397 |
| 2025-04-30 | $590/wk | 413 |
| 2025-05-31 | $595/wk | 424 |
| 2025-06-30 | $593/wk | 420 |
| 2025-07-31 | $595/wk | 425 |
| 2025-08-31 | $600/wk | 417 |
| 2025-09-30 | $600/wk | 418 |
| 2025-10-31 | $600/wk | 408 |
| 2025-11-30 | $600/wk | 413 |
| 2025-12-31 | $603/wk | 416 |
| 2026-01-31 | $610/wk | 412 |
| 2026-02-28 | $610/wk | 402 |
| 2026-03-31 | $618/wk | 400 |
| 2026-04-30 | $620/wk | 407 |
| 2026-05-31 | $620/wk | 393 |
| 2026-06-30 | $620/wk | 389 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | $658k | $868k | $958k | $1.13m |
| Median rent | $475/wk | $595/wk | $660/wk | $790/wk |
| Implied yield | 3.8% | 3.6% | 3.6% | 3.6% |
| School | Level | Grades | Sector | Students |
|---|---|---|---|---|
| Kallangur State School | Primary | Prep-6 | Government | 928 |
| Dakabin State School | Primary | Prep-6 | Government | 549 |
| Charlotte Mason College | Primary | Prep-10 | Independent | 326 |
| Pinnacle Academic College | Primary | Prep-6 | Independent | 97 |
| Charlotte Mason College | Secondary | Prep-10 | Independent | 326 |
| Childcare centre | Rating | Reviews | Day rate |
|---|---|---|---|
| Goodstart Early Learning Kallangur - Duffield Road East 1 | Meeting NQS | 5 ★ (22) | $130 |
| Goodstart Early Learning Kallangur - Duffield Road West | Meeting NQS | 5 ★ (6) | $131 |
| Mother Duck Childcare Kallangur (0-3 years) | Exceeding NQS | 5 ★ (28) | $149 |
| Address | Sold price |
|---|---|
| 11 Water Street, Kallangur | $1,300,000 |
| 5 Shaw Court, Kallangur | $1,235,000 |
| 21 Old Gympie Road, Kallangur | $1,203,000 |
| 7 Maurice Street, Kallangur | $1,200,000 |
| 9 Tuffley Court, Kallangur | $1,105,000 |
| 4 Lerose Avenue, Kallangur | $1,055,000 |
| 46 Glenmore Street, Kallangur | $1,030,000 |
| 35 Ladybird Street, Kallangur | $975,000 |
| 14 Campbell Street, Kallangur | $947,500 |
| 68 Wattle Street, Kallangur | $935,000 |
| 5 Roper Place, Kallangur | $925,000 |
| 53 Glenmore Street, Kallangur | $912,000 |
| Address | B/B/C | Land | Price | vs Bed Med. | Suburb yield | Risk |
|---|---|---|---|---|---|---|
| 18 Swordgrass Court | 4/2/2 | 618 m² | — | — | — | clear |
| 23 Butterfly Drive | 4/2/2 | 619 m² | — | — | — | clear |
| 4 Monarch Court | 4/2/2 | 670 m² | $970k | 101% | 3.5% | clear |