Tagged by RedSuburbs as effectively the LGA's safest locality, in supply-locked Rural Residential land near Samford — a slightly deeper tenant base (12% rented) than the acreage average.
A two-sale market with -17.8% headline growth and no rent data — there is nothing statistically reliable for an SMSF to underwrite here.
Illiquidity is the structural problem: a handful of sales a year means the fund could be stuck holding, and acreage maintenance runs through cash flow the LRBA cannot top up.
Too thin to model as an investment. Only a patient, cash-rich fund buying a dry, newer-built lot as a decades-long capital hold should look — and even then the illiquidity is the binding constraint.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ✗ Bad | —% compound over 0 yrs, -17.8% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Flood risk | ◐ Mixed | No suburb-level flood record; small rural locality near Samford/Closeburn. Confirm creek/overland-flow and bushfire overlays on MBRC Flood Check at the address. MBRC flood mapping (address-level) |
| Crime | ✓ Good | Flagged by RedSuburbs 2024 as effectively the LGA's 'safest' locality (floor index); no rate data, but a rural acreage pocket in the low-crime Ferny Grove division. Verify on the QPS crime map. RedSuburbs 2024 / QPS crime map (verify) |
| Infrastructure | ◐ Mixed | No local centre; leans on Samford Village retail/schools and Ferny Grove ~18–22 min; no rail, no in-district hospital. Transport factpack 2026 |
| Owner-occupier appeal | ✓ Good | 88% owned / 12% rented, 85% family households — owner-occupier depth supports prices and resale; verify tenant demand separately (listings volume, room demand). ABS via suburb page |
| New supply risk | ✓ Good | Rural / Rural Residential zoning with a Lot Size Overlay and 75%-rural-preservation policy; no project pipeline — structural scarcity. MBRC Planning Scheme; supply factpack |
| Distance to rail | ✗ Bad | No station; nearest rail Ferny Grove ~18–22 min drive. Translink; transport factpack |
| Housing stock & upkeep | ◐ Mixed | Rural-residential stock of mixed eras on tank/septic; long driveways and bushfire clearing add upkeep the LRBA cannot fund. editorial — acreage-services judgment |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | — | — | $1.57m | — |
| Median rent | — | — | — | — |
| Implied yield | — | — | — | — |