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Microapartments

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Micro Apartments Brisbane – What Are They And How Do They Work?

Brisbane is one of the most lucrative locations in Queensland for savvy investors seeking a high-yield return. The influx of young residents paired with a lack of affordable housing options has created a housing crisis that shows no signs of easing. In fact, within the last three years, Brisbane property values have risen an incredible 38.1%. While some investors turn to traditional rental properties, those who can accurately read the market know one property type stands above the rest: Rooming Houses.

Each room in a rooming house is also referred to as a “microapartment”.

Rooming Houses are the ideal solution to housing the growing demographic of single people seeking affordable housing in Brisbane. Adults aged twenty to thirty-four make up the largest percentage of residents in the area, with 54% being unmarried. Rooming Houses offer a unique housing opportunity, as each one contains a common area and up to five micro apartments. By focusing on providing targeted rooming accommodations for Brisbane’s growing single population, these micro apartments serve the community while providing investors financial security.

To capitalise on this exciting opportunity, it’s important to have a comprehensive understanding of micro apartments and their role in Rooming Houses. The more you know, the easier it is to begin investing in Brisbane’s lucrative housing market.

What are Micro Apartments?

A micro apartment is common term used to describe a room in a rooming house Each micro apartment is a semi-self-contained room surrounding a shared common area. They are typically between 28 to 38 square metres, offering everything a tenant needs to live comfortably.
Within each micro apartment, you will generally find:
  • A kitchenette
  • Lounge or living area
  • Bedroom
  • Bathroom
  • Storage compartments
Since they are semi-self-contained, micro apartments feature a closing and locking door for privacy, making them an attractive option for renters. Within a Rooming House, there are up to five micro apartments that share a common area, which contains a laundry facility, kitchen, living room, and often an outdoor space. All said, micro apartments are just that: tiny, well-equipped, affordable housing.

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Where Can You Build Micro Apartments?

Micro apartments are not standalone buildings; they are individual accommodations within a larger structure called a Rooming House. Rooming Houses are popular in low-density neighbourhoods, as their facade resembles a traditional home. Virtually every residential block within the Brisbane City Council Area can accommodate these residences, offering an affordable housing solution. While there are ample opportunities to capitalise on the opportunities micro apartments provide, it is essential to understand the complexities accompanying this type of investment.
Micro apartments floor plan

Are Tenants Attracted to Micro Apartments?

The short answer is yes; tenants are drawn to micro apartments due to their affordability, location, and privacy. As demand grows for high-quality yet affordable housing in Brisbane, more single people are turning to Rooming Houses as the solution. The notion that micro apartments attract undesirable tenants is inherently untrue. The target demographic is young, hard-working and a valuable addition to the region. They are single adults with steady jobs who find themselves overlooked for suitable housing options. By providing an affordable solution to Brisbane’s housing crisis, micro apartments are quickly becoming the most sought-after housing accommodation in Queensland.

What Features Do Micro Apartments Offer?

Micro apartments are thoughtfully designed to deliver the most bang for the tenant’s buck. They contain everything needed for a cozy living space without sacrificing privacy. To gain a better understanding of how micro apartments work, we must first look at the Rooming House as a whole.
From the exterior, Rooming Houses appear like any other residential home, but it’s what’s on the inside that sets them apart. Before you enter, you will notice the front door contains an electronic keypad that allows the property manager to enter when necessary. Cutting-edge features like this provide renters, property managers, and investors peace of mind. Once you step into the house, you are greeted by an open-concept community living space. Here, tenants can relax, cook a meal in the kitchen, wash laundry, or do whatever they like. Included amenities like WiFi, solar panels, and upgraded appliances make the Rooming House feel like home.
Off the shared living space are the five micro apartments. Generally, each Rooming House will contain four regular rooming accommodations and one accessible option. Each semi-self-contained apartment has a locking door for added safety and privacy. When you enter the micro apartment, you will find a small living area and kitchenette. There is a separate bedroom and bathroom, each with its own closing door. The layout of the room makes it feel larger than it is, effortlessly including all the necessities tenants want while keeping costs low.
To ensure your Rooming House appeals to prospective tenants, it’s essential to partner with an experienced advisor who understands Brisbane’s unique demographic needs.
micro apartments bedroom

What is the Difference Between a Rooming House and a Boarding House?

Many people falsely believe Rooming Houses and boarding houses are the same, but they’re not. While the concept does contain similarities, the two rooming accommodation options vary greatly. Boarding houses are similar to bed and breakfasts, where a tenant can rent a furnished room. These rooms rarely offer additional amenities like a kitchenette, en suite bathroom, and separate living area. Oftentimes, with boarding houses, the property owner lives on-site and provides at least one meal a day, but this is not always the case. In some cases, the owner also provides laundry service. Where most investors are focusing on two-income households, we identified the gap in the market’s topography and set our sights on meeting this need. No longer are singles viewed as “struggling” low-income renters; they now make up a large portion of independent tenants with high spending power. In fact, 13% of Australian adults live alone and are searching for appropriately sized accommodations to fit their needs. That translates to a high demand for rooms that rent easily in just a few days, turning your investment into the highest rental yield Brisbane can produce.
While boarding houses have been around for hundreds of years, they lack privacy and are not ideal for many as a long-term living situation. Conversely, Rooming Houses offer individual living spaces with a shared common area. The investor lives off-site, and a specialised property manager generally manages the property. Each micro apartment features everything the tenant needs for a long-term rental, making them an ideal option, especially in competitive housing markets like Brisbane.
micro apartments living

Are Micro Apartments Profitable?

One of the main reasons micro apartments are an attractive opportunity for investors is their high rental yield possibilities. Each Rooming House contains five micro apartments, which rent for between $350 and $400 a week. That means that one micro apartment generates at least $1,400 monthly. Multiply that number by five, and you can earn upwards of $7,000 per month or $84,000+ per year of passive income! The more Rooming Houses you own, the greater your wealth security becomes, providing a generational legacy you can be proud of. See how investing in a Rooming House can help you achieve financial freedom.

Where Can You Build A Rooming House in Brisbane?

Since the Brisbane City Council allows investors to build Rooming Houses on almost all low-density residential lots, there are countless neighbourhoods to choose from. The suburbs along the outskirts of the city are ideal for micro apartments since they offer a more relaxed living environment with easy access to the city centre. Investors can choose to build their Rooming Houses on empty lots or to tear down existing buildings and construct a custom property. Building a Rooming House is the preferred method since it allows for ultimate control over every aspect of the property. It is essential, however, to work with a company that understands how to interact with the builders, knows the ins and outs of obtaining the proper permits and licenses, and has access to trusted property managers specialising in Rooming House Properties.

Kevin Doodney, the founder of The High Yield Property Club, has over 40 years of experience in real estate. Using his expertise, Kevin has generated over $2 billion in real estate revenue with over 20,000 personal transactions. For over 12 years, Kevin has worked with Brisbane investors, helping them build more than 1,000 Rooming Houses, yielding an 8% return or better. To meet the needs of eager investors looking to maximise on the Brisbane housing crisis, increase their portfolios, and generate passive income, Kevin developed the highly popular Rooming House Masterclass. This FREE 45-minute class provides all the information you need to begin investing in this lucrative market.

In his class, Kevin outlines how to begin earning an 8%+ return on your first Rooming House, providing an impressive $90,000+ return per annum. Not only are Rooming Houses an excellent investment opportunity, but they offer an effective way to solve Brisbane’s growing housing crisis. Not only can you feel good knowing you are creating a legacy for future generations, but you are also providing a common-sense housing solution for Brisbane’s fastest-growing demographic.

When you partner with The High Yield Property Club, you receive the expert guidance you need to begin living in financial freedom. Take advantage of Kevin’s extensive connections with Brisbane builders, his comprehensive knowledge of licensing and permitting, and his lengthy relationships with the region’s most trusted property managers. With The High Yield Property Club and The Rooming House Masterclass, your financial future is bright!

Frequently Asked Questions?

Yes, new investors can generate an 8%+ rental yield through Rooming Houses with the help of The High Yield Property Club.
Rooming Houses are quickly becoming the most popular rooming accommodation thanks to their affordability, beauty, and functionality. Thanks to Brisbane’s growing single-resident demographic, savvy investors are turning to Rooming Houses as their key to financial freedom.
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