Berserker Positive Cashflow – 7% Yield

Homer Blancaver
Updated 4 min read
242 Berserker Street, Berserker QLD (2023 case study property)
242 Berserker Street, Berserker QLD (2023 case study property)

Updated November 2026: we added a “Berserker today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from 2023.

Address

242 Berserker Street, Berserker, QLD 4701

Investment Strategy

Positive Cashflow/High Yield

Development Timeline

25/10/2023
Property For Sale
Offers over $455,000
25/10/2023
Estimated For Rent
Estimated over $350pw

Unfortunately, this property is now listed as Under Offer. You can find more just like it Australia wide at stashproperty.com.au

Rental Insights

Stash shows rental figures for every property's suburb, including Long Term Rental Statistics (vacancy rate, homes rented in the last 12 months, median rent and potential yield) and the Long Term Yield Analyser, which compares yields by bedroom count and property type. November 2026: the screenshots below were taken in 2024. Some of the statistics shown in them, such as short-term (Airbnb) and rooming rental figures, are no longer part of the standard Stash property page.

Stash short-term rental estimate for 242 Berserker Street, Berserker QLD (2023)
Stash rooming rental statistics for 242 Berserker Street, Berserker QLD (2023)
Stash long-term rental statistics for 242 Berserker Street, Berserker QLD (2023)

Source: stashproperty.com.au

Stash long-term yield analyser for 242 Berserker Street, Berserker QLD (2023)

Investment Stats

2023

Year For Sale

11

Suburb Growth

7

Gross Yield

About the Property

CHARMING 4 BEDROOM GABLE HOME ON A FENCED 800M2 CORNER ALLOTMENT

242 Berserker Street, Berserker, Qld 4701 has a land size of 800 m². It is a house with 4 bedrooms, 1 bathroom, and 2 parking spaces.

Located on a fenced corner 800m2 allotment within an easy walk to the Northside Plaza Shopping Centre and a short distance from the Popular Frenchville Sports Club.

This charming high-set gable home with a low maintenance clad exterior features 4 bedrooms, main bedroom with a decorative bay feature window, a sleep-out, a spacious lounge with split-system air conditioner, a formal dining room, and modern kitchen with pantry, wall-oven, ceramic hot plates and a bathroom with a large shower which would be disability friendly.

The lower level is fully enclosed, has excellent height, is concreted, and provides 2 separate garages, a laundry and storage area.
This home comes complete with a traditional pine timber interior, polished timber floors, ceiling fans and security screens.

From the domain.com.au listing

Stash market activity map around 242 Berserker Street, Berserker QLD (2023)

Source: stashproperty.com.au

About the Suburb

Berserker, QLD 4701 has a population of 7,020 people. The suburb has a good mix of age groups, with a significant number of residents in the 20-24 and 25-34 age brackets. The median household income is $1,171 per week, indicating a decent level of income. The suburb has a range of occupations, with professionals, technicians and tradeworkers, and community and personal service workers being the top three occupations. The suburb has good transportation options, with a high number of residents commuting by motor vehicle.

Berserker is an attractive suburb for property investors. The median sale price for houses is $299,500, with a sale price IQR ratio of 30.1%, indicating potential for finding renovators. The median growth rate for houses is 10.9%, indicating good capital appreciation. The market absorption rate is 25.5%, suggesting high demand and the possibility of rising home prices. The rental yield for houses is 7.2%, which is above average. The vacancy rate is low at 0.7%, indicating a strong rental market. The suburb also has a high demand for renting out rooms, with a room demand supply ratio of 75.0%.

Berserker, QLD 4701 is a suburb with a diverse demographic and a good mix of age groups. The suburb offers a range of occupations and has good transportation options. For property investors, Berserker presents a good opportunity with its affordable median sale price, high rental yield, low vacancy rate, and strong demand for renting out rooms. The suburb also shows potential for renovators due to its sale price IQR ratio. With a growing market absorption rate and above-average median growth, Berserker is an attractive suburb for both homeowners and investors.

Sources:

– proptechdata.com.au

– Australian Bureau of Statistics (ABS) Census 2021

– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Berserker today (November 2026)

Houses in Berserker over the 12 months to October 2026 (Stash data, November 2026):

  • Median house sale price: $551,750 (198 sales)
  • 12-month change in the median: +17.0%
  • Median rent: $520 per week, a median gross rental yield of 4.9%
  • Vacancy rate: 1.1%; median days on market: 30

Stash's sales history records a sale of 242 Berserker Street in December 2023 at $309,000 (government sale record), after it went under offer. No later sale is recorded.

In 2023 the post quoted a $299,500 suburb median house price and a 7% house yield. Today the median is $551,750 and the median house yield is 4.9%.

See the latest figures on the Berserker suburb page. To search current listings by rental yield and price, the way this property was found, see Find on-market deals in the Help Centre.

Berserker suburb median chart from Stash (2023)
Suburb Median
Berserker market absorption chart from Stash (2023)
Market Absorption
Berserker suburb yield chart from Stash (2023)
Suburb Yield
Berserker sales volume chart from Stash (2023)
Sales Volume

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