Doolandella Suburb Profile Location

Doolandella Suburb Profile

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    Doolandella Suburb Profile, Doolandella is a suburb that is relatively close to the Brisbane CBD with a low price tag. There are very few suburbs left where you can buy a property on a good-sized block of land this close to the city for under $500K.

    Access to Brisbane is relatively simple with access to Ipswich Road, which then leads directly into the city. The suburb is positioned well to access all parts of Brisbane and the South East Queensland region with access to the Logan Motorway taking you to the Airport, the Sunshine Coast and the Gold Coast with relative ease and speed.

    This is a suburb that is going to increase in value over the next 5 years as land gets harder to source this close to Brisbane. New developments affecting this suburb are in Palara and Richlands where block sizes are getting down to 300 m2.

    Buyers Agents Comments

    Doolandella has long been one of our favourite locations in Brisbane due to its relatively cheap land prices, distance to Brisbane and the higher median house prices of adjoining suburbs like Oxley.

    Located just 15 kilometres South of Brisbane it is one of the few locations where you can buy a good-sized property this close to Brisbane for under $500K.

    The neighbouring suburb of Oxley has a median house price of $570,000 for a 4 bedroom house whereas the median house price for the same property in Doolandella is $511,000. But what is going to really drive this market is the new estates coming online right now with much smaller land sizes.

    There is only one pocket of Doolandella that we purchase in. There are a number of newer estates located on the Northern side of Blunder Road that contain many newer housing estates that are less than 10 years old. Properties here are typically 4 bedroom, 2 bathroom brick and tile homes on block sizes averaging 500 m2. The Southern side of Blunder road contains many older homes that at this stage we do not purchase. This side of the road contains cheaper older homes which at this stage we can purchase the same type of property in the suburb of Durack, slightly closer to Brisbane.

    Why Invest in Doolandella

    This area is going to be in high demand in the next 5 years. It’s a suburb where you can still purchase a very big home relatively close to the city for under $500,000 and receive strong returns.

    It’s not about how it looks now, it’s all about how it will look in the future and this is one of the few suburbs that is affordable with good-sized blocks of land.

    Factors that will Affect the Growth

    There are 6 major new estates either selling now or under construction. These new estates are being based on smaller lot sizes of around 300 m2 of land at a higher price than you can pay for larger blocks of land only 500 meters away from one estate.

    Remember it’s the land that is the highest value part of a property. 

    Not Every Part of Doolandella is right for investment. There is a little pocket of newer homes that were built by Ausbuild less than 10 years ago. These are the homes we want for clients with a budget under $500k.  Those with a lower budget of around $400K go onto a completely different strategy that will also benefit from the new estates.

    Doolandella Factors to Consider

    Land size is going to be critical in the future, all new estates in the nearby suburbs are being built on 300 m2 and smaller blocks of land. Land in the Doolandella area are built on much larger blocks on average around 500 m2.

    Distance to the city is an important factor in measuring the performance of a property. Doolandella remains one of the lowest price suburbs this close to Brisbane and will grow substantially in the future as demand increases.

    The neighbouring suburb of Oxley has a median house price of $570,000 indicating a good amount of growth potential for Doolandella.

    The type of house we recommend in Doolandella is a 4 bedroom 2 bathroom property on approximately 500 m2 of land. This will give you a return in the high 4% range and should be cash flow positive.

    Doolandella is a 5 year buy and hold investment strategy. As land sizes decrease and prices increase, a larger property over 400 m2 land size will appreciate well in this area.

    Property should be less than 12 months old and of brick and tile construction.

    Property should only be purchased on the northern side of Blunder Road. If purchasing on the southern side of Bluner road then change suburbs to Durack for a location that is closer to the Brisbane CBD at a relatively low price.

    Purchase a 4 bedroom 2 bathroom home with a suitable double lock up garage which will rent well and be in high demand in the future.

    Doolandella Surrounding Suburbs

    Land size is going to be critical in the future, all new estates in the nearby suburbs are being built on 300 m2 and smaller blocks of land. Land in the Doolandella area are larger blocks on average around 500 m2.

    Distance to the city is an important factor in measuring the performance of a property. Doolandella remains one of the lowest price suburbs this close to Brisbane and will grow substantially in the future as demand increases.

    The neighbouring suburb of Oxley has a median house price of $570,000 indicating a good amount of growth potential for Doolandella.

    The type of house we recommend in Doolandella is a 4 bedroom 2 bathroom property on approximately 500 m2 of land. This will give you a return in the high 4% range and should be cash flow positive.

    Doolandella is a 5 year buy and hold investment strategy. As land sizes decrease and prices increase, a larger property over 400 m2 land size will appreciate well in this area.

    Property should be less than 12 months old and of brick and tile construction.

    Property should only be purchased on the northern side of Blunder Road. If purchasing on the southern side of Bluner road then change suburbs to Durack for a location that is closer to the Brisbane CBD at a relatively low price.

    Purchase 4 bedroom 2 bathroom home with a suitable double lock up garage which will rent well and be in high demand in the future.

    Other Suburbs to Consider

    Other suburbs to consider in this area are Durack where the location is slightly closer to the Brisbane CBD however the quality of the house is much older and slower. This is offset by the lower property prices.

    Durack is a very good suburb for purchasing cheaper properties on large blocks of land for a low price.

    Pallara is a newer suburb close to Doolandella, however, all new land releases are on small blocks, less than 300 m2 and the suburb is not the easiest to drive to. It is accessed through back roads whereas Doolandella has easy main road access.

    Alternative Suburbs

    Of the remaining local suburbs in close proximity to Dollandella is Durack and this is really the only other option. It is closer to Brisbane with properties on good-sized blocks of land with brick and tile home of around 40 years of age. This is a very good option for those with a lower budget where we still want to be as close to Brisbane as possible.