HIGH RENTAL YIELDS.  HIGH INCOME TENANT CATCHMENT AREA. SHORTAGE OF NEW PROJECTS, ALL POINT TO ONE THING:
An investment here is likely to see outstanding rental returns, with full rental occupancy by quality tenants.

RENTAL ANALYSIS:

Rental price growth within the Wooloongabba Catchment has been strong over recent years, supported by a rising demand for new apartment product. 

This is evident through the long-term rental price growth recorded by the Residential Tenancies Authority (RTA), who provide median weekly rent data for established and new dwellings.  In the ten years to December 2018, the catchment has experienced an annual growth in median weekly rents of up to 6.8 percent per annum across all product types. 

New and near-new apartment product are achieving substantial premiums over established product within the Woolloongabba Catchment.  One-bedroom apartments are recording median weekly rental premiums of $40 per week, while two-bedroom apartments have recorded $30 more than established product. 

There is limited new three-bedroom product currently on-the-market, with those advertised being luxury units, within the area, demonstrating the preference for modern, well-located apartments. 

Pellicano Living 

Purchasers at South City Square have access to the premium onsite management service, Pellicano Living.  From marketing and tenant selection to our concierge approach for residents, every detail, every day is taken care of. 

Pellicano Living tenants have access to a range of exclusive benefits: 

Onsite concierge including parcel management

Laundry/dry cleaning services

Apartment and car cleaning

Electric share car and free to use bicycles

Handyman and maintenance services

Pet grooming

Residents’ bulletin board and calendar 

Residents of South City Square also enjoy exclusive membership to the S.C.S.C., with Preferential treatment across the precinct and private access to rooftop gardens. 

Elegantly landscaped with swimming pools, dining facilities and places to relax, these exclusive sky-high spaces provide unrivalled views and a refined lifestyle.



CLICK ON THE PICTURE TO SEE RENTAL ANALYSIS OF THE FIRST TWO STAGES or click here.