Dual Occupancy
Caboolture South · QLD · 4510Where it sits.
A closer look.
Dual occupancy in Caboolture South generating $60,840 annually across a single income stream. Located 45km north of Brisbane in a suburb experiencing 42.2% population growth with 4.18% rental yields and 10.29% annual capital appreciation. Infrastructure-led development unlocking long-term demand.
Key highlights
- ✓$1,170 weekly income from established dual occupancy tenancy
- ✓4.18% rental yield outperforms Brisbane Metro at 3.2% significantly
- ✓42.2% population growth 2016-2021, driven by interstate migration
- ✓Affordable entry point, median house $750,000 in growth corridor
- ✓Major infrastructure pipeline: $71m road upgrade, $48m shopping centre
Why this investment works
Established income, single revenue stream
The property delivers $1,170 weekly rental income across two tenancies. The dual occupancy structure provides flexibility for future subdivision or independent leasing if market conditions shift.
Yield advantage in tight rental market
Caboolture South achieves 4.18% yields with 0.8-1.36% vacancy rates, outpacing Brisbane Metro's 3.2% by 130 basis points. Strong underlying demand from young professional cohort (median age 36) and interstate migrants.
Government-backed infrastructure catalyst
Waraba PDA (2,900 hectares, 30,000 homes planned) plus $71m Caboolture River Road upgrade (2026-2028) and $48m shopping centre (completion late 2026) are driving medium-term amenity and employment growth within 5km.
Recent capital growth momentum confirmed
Houses posted 10.29% annual appreciation to December 2025 with 23-day market turnover. 161 sales in past 12 months signal sustained buyer demand despite affordability-driven entry base.