Belgian Gardens Positive Cashflow – 7% Yield

Homer Blancaver
Updated 4 min read
32 Saint James Drive, Belgian Gardens
32 Saint James Drive, Belgian Gardens

Updated November 2026: we’ve added current Belgian Gardens market figures from Stash and what has happened to 32 Saint James Drive since. The original deal details are kept as published.

Address

32 Saint James Drive, Belgian Gardens, QLD 4810

Investment Strategy

Positive Cashflow/High Yield

Development Timeline

24/11/2023
Property For Sale
Offers over $740,000
03/02/2024
Estimated For Rent
$1,050 pw

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 Statistics for 32 Saint James Drive, Belgian Gardens (2024 screenshot)
Stash Rooming Rental Statistics for 32 Saint James Drive, Belgian Gardens (2024 screenshot)
Stash Long Term Rental Statistics for 32 Saint James Drive, Belgian Gardens (2024 screenshot)

Source: stashproperty.com.au

Stash Long Term Yield Analyser for 32 Saint James Drive, Belgian Gardens (2024 screenshot)

Investment Stats

2023

Year For Sale

5.3

Suburb Growth

7

Gross Yield

About the Property

A classic freestanding house beautifully updated in a contemporary style. With a window-wrapped living space opening to a front alfresco deck bringing masses of natural light and cross-flow. Offering huge appeal for families, both now and in the future, it’s in the area’s premier pocket, moments to The Strand foreshore and walkway, schools, transport and village hub.

• Elevated position on 767sqm allotment
• Light bright interiors w/ coastal breezes
• Large open plan living/dining to upper level
• Modest kitchen w/ huge potential & green outlook
• Numerous breakaway areas/alfresco deck/verandahs
• Master w/ newly renovated ensuite, private balcony
• Additional two bedrooms to upper level
• Renovated main bath with bathtub & skylight
• Polished timber floorboards, internal staircase, split system a/c
• Third bathroom + flexible under house living
• Established terraced gardens
• Solar 6.6kW, four designated car accom + additional off street parking
• Walk to The Strand foreshore, Belgian Gardens State School & local shops

From the domain.com.au listing

Stash map around 32 Saint James Drive, Belgian Gardens showing nearby sale prices and overlays (2023 screenshot)

Source: stashproperty.com.au

About the Suburb

Belgian Gardens is a suburb located in QLD 4810 with a population of 2,073. The suburb has a mix of age groups, with a significant number of residents aged 45 to 64 years. The median household income is $1,638 per week, and the majority of residents either own or rent their homes. The suburb offers various commuting options, with the most common being motor vehicle transportation. Additionally, there is a good representation of different occupations in Belgian Gardens, including professionals, managers, and technicians/tradeworkers.

Belgian Gardens presents opportunities for both house and unit investments. The median sale price for houses is $600,000, with a sale price range of $267,000 to $1,498,000. The suburb has a sale price IQR ratio of 46.0%, indicating potential for renovators. The market absorption rate is 15.4%, suggesting moderate demand. For units, the median sale price is $298,750, offering affordable options for buyers. The vacancy rate is low at 0.3%, indicating a high demand for rentals. Investors can also benefit from a strong rental yield of 6.7% for units.

Belgian Gardens, QLD 4810 is a diverse suburb offering a mix of housing options suitable for both homeowners and investors. With a range of property prices, the suburb provides opportunities for affordable purchases as well as high-end investments. Residents enjoy a convenient location with easy access to transportation options. The suburb’s demographics reflect a variety of occupations, indicating a vibrant community. Prospective buyers or investors can consider Belgian Gardens for its potential for property appreciation and attractive rental yields.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Belgian Gardens today (November 2026)

Here’s how the Belgian Gardens house market looks now, based on 27 house sales over the 12 months to the end of October 2026:

  • Median house price: $900,000 (Stash data, November 2026)
  • Change in median house price over 12 months: +3.4% (Stash data, November 2026)
  • Median house rent: $590 a week (Stash data, November 2026)
  • Median gross rental yield (houses): 3.7% (Stash data, November 2026)
  • Rental vacancy rate (houses): 1.7% (Stash data, November 2026)
  • Median days on market (houses): 44 (Stash data, November 2026)

Stash records that 32 Saint James Drive sold for $740,000 on 24 November 2023, and records no sale since.

At $740,000 and an estimated $1,050 a week, this property was pitched at about a 7% gross yield. Today the median Belgian Gardens house yield is 3.7%, with a median rent of $590 a week.

See the latest numbers on the Belgian Gardens suburb page, or use Hotspots in Stash to find suburbs with yields like this one. The charts below are from the original 2023 post.

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

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Homer Blancaver
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