16/36 Philong Street, Doolandella QLD 4077

16/36 Philong Street, Doolandella QLD 4077
Three-bedroom townhouse | built 2011 | compact low-maintenance layout | tenanted through early 2027 | near major motorways and schools This 2011-built townhouse is positioned as a practical and well-finished home in a suburban complex. The three-bedroom, two-bathroom layout with a single garage is complemented by an open-plan interior, gas cooktop, split-system air-conditioning, and a private rear courtyard with a covered patio. The property is currently tenanted until January 2027 at a stated weekly rent, providing immediate income for an investor. Its location near St John’s Anglican College, public transport, and major motorways adds convenience for families or commuters. The compact footprint and low-maintenance yard make it suitable for first-home buyers or downsizers seeking a lock-and-leave lifestyle. The compact land and floor area may limit capital growth potential compared to larger lots, but this is typical for attached housing in the area. Strata fees of around $69 per week are a recurring cost that may affect holding expenses. The property is noted to have a bushfire overlay, which might influence insurance premiums or future maintenance considerations. However, the absence of flood or heritage constraints and its proximity to employment corridors and retail suggest stable demand. The tenancy arrangement offers immediate cash flow, but the lease terms and body corporate health may need to be examined.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16/36 Philong Street, Doolandella QLD 4077
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Doolandella is a rapidly expanding suburb with strong fundamentals, driven by young professionals and new residential developments. House prices have surged, with median values around $925,000 and robust annual growth of approximately 10-12%, supported by high sales volume and houses selling in just over three weeks. Future growth is underpinned by significant population increase and new housing supply, though its reliance on continued affordability for its dominant demographic presents a key sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

117m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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