Case Study: How Jim Turned a Rooming House into a 34% Return in One Year

Location: Deagon, QLD
Package Type: House & Land – Rooming Accommodation
Timeline: January 2024 to December 2024

The Deal at a Glance

  • Total Package Price (incl. GST): $983,900
  • Build Completed: 2024
  • Tenanted & Income-Generating: Immediately upon completion
  • Sold Price (Dec 2024): $1,320,000
  • Purchaser Type: SMSF (Self-Managed Super Fund) Investor.

Jim was introduced to Altitude Investment Builders in late 2023.
After a detailed review of his investment goals, Jim chose to proceed with a rooming accommodation house & land package – a high-performing strategy designed to maximise both rental yield and capital growth.

The Outcome

Within just 12 months, Jim achieved a capital uplift of $336,100 – representing a 34% return on the original package price, exclusive of rental income.

Key drivers of this return included:

  • Strong capital growth driven by the high-demand rooming model
  • Elevated rental yields from multiple tenants
  • SMSF buyer appeal due to strong cash flow and long-term investment viability

Why Rooming Houses Deliver

Rooming accommodation continues to outperform traditional investment models due to:

  • Reduced vacancy risk in areas with strong rental demand.
  • Multiple income streams from up to 5 tenants per dwelling.
  • Higher gross rental yields, often exceeding 8.5%.
  • Increased capital value due to the unique multi-occupancy design.

What Jim Had to Say

“I’m stoked with the result. The build quality was spot on, tenants moved in quickly, and the resale outcome exceeded my expectations. The team made the process easy from start to finish.

– Jim.B

The Altitude Advantage

At Altitude Investment Builders, we specialise in compliant, turnkey rooming house investments that:

  • Maximise both yield and resale value
  • Are fully approved and council-compliant
  • Appeal to SMSF and cash flow-focused investors
  • Provide end-to-end service from land sourcing to tenanting

LET’S TALK ABOUT YOUR NEXT INVESTMENT!

Looking to Replicate Jim’s Success?

Whether you’re an experienced investor or exploring SMSF opportunities, we can help you build a high-performing rooming accommodation strategy tailored to your goals.

Continue reading

Want to know more about rooming houses?

Register your information below to receive our Rooming House Information Pack.
All you need to know is just a few clicks away!

Please do not use any spaces when filling in your phone number
Please select the most suitable response from the available dropdown options below.
Please select from the list below

Our trusted partners

QBCC Act Licence No: 15156262
ABN: 60 636 562 420

© Altitude Investment Builders 2024
PO Box 2380 Ascot QLD 4007