Springwood Multi-Unit Investment Playbook – How to Build Wealth in One of Brisbane’s Most Underrated Suburbs

Discover why developers and portfolio investors are targeting Springwood in 2025 for triplexes, unit blocks, and smart zoning plays.

Step 1: Understand the Opportunity

Springwood sits at the junction of Logan Road, Pacific Motorway (M1), and Rochedale Road — making it one of the most accessible residential-commercial corridors south of Brisbane.

In 2025, it's now a rising star for multi-unit investors, offering:

• Dual zoning corridors ripe for development

• Older homes on large blocks = duplex and triplex potential

• Mixed-use zoning near the Springwood Town Centre

• Strong rental yield from multi-unit properties

• Affordable entry compared to inner Brisbane

Investors are seeing 5–6% gross yields from low-rise apartment buildings with long-term tenants, plus capital growth driven by transport upgrades.

Step 2: Why Multi-Unit Works in Springwood

Key factors:

• Zoning: Multiple areas fall under Medium Density Residential (MDR) or Mixed Use (MU1–MU3)

• High street visibility on key roads (great for signage or home business)

• Easy access to major employment hubs in Logan, Brisbane, and Gold Coast

• Demand from renters: essential workers, trades, and students

• Local infrastructure: public transport, Springwood bus interchange, schools, shopping, and gyms

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• Logan City Council has flagged Springwood as a "Principal Activity Centre", meaning more growth, funding, and developer appeal between now and 2030.

Step 3: Know the Property Types That Work

1. Existing Unit Blocks (Triplex, Quadplex, 6-pack)

• Often built in the 1980s–2000s

• 3–6 strata or un-strata’d units on one title

• Rented for $340–$420/week per unit

• Gross yield: 5.3%–6.1%

• Price: $1.1M–$1.9M

2. Duplexes or Triplex Blocks (Renovation Potential)

• Older single dwelling converted or built out

• Single title for SMSF or passive investor hold

• Suitable for co-living or NRAS adaptation

• Entry price: $950K–$1.3M

• Yield: 5.5%+ possible with upgrades

3. Raw Development Sites (800m²+ in MDR zone)

• Corner lots or rear access preferred

• Build 3–6 dwellings (STCA)

• Buy: $875K–$1.15M

• Build: $900K–$1.6M (depending on project)

• End value: $2.5M–$3.6M for townhouses/units

Step 4: Where to Buy in Springwood

Norton’s tracks zoning maps and overlays for all properties we sell. Ask us for a free lot zoning profile.

Step 5: The Numbers – Sample Investment Case

Property: 4 x 2-bed units on one title
Purchase Price: $1.35M
Rent (combined): $1,720/week
Annual Income: ~$89,440
Costs (rates, insurance, basic maintenance): ~$12,500
Net Yield: ~5.7%
Upside: Add value through kitchen/bathroom renos, strata subdivision STCA, or upgraded facade for rental lift

Step 6: Development Rules to Know

Logan City Council allows low-medium rise unit development (2–3 storeys) in many parts of Springwood.

Development-friendly zoning types:

• MDR (Medium Density Residential) – supports 2–6 dwellings/lot

• Centre Zone (Mixed Use) – shop-top housing + small commercial

• LDR with corner access – duplexes with council approval

Always confirm:

• Flood overlays

• Slope + soil

• Sewer connection + driveway access

• Shadow and privacy setbacks

Norton’s connects developers with town planners, civil engineers, and private certifiers to speed up feasibility + approvals.

Step 7: Exit Strategy Options

📈 Springwood allows flexible investor exits:

Norton’s has a buyer match list for 3–6 unit blocks, and we often sell off-market to qualified investors.

Step 8: Who’s Renting in Springwood?

Tenants in Springwood are typically:

• Long-term renters (average stay: 2.7 years)

• Dual-income families

• Single parents with local school needs

• Key workers commuting to Logan Hospital or Loganholme industrial

• Students studying at Griffith or Logan campuses

Rental demand remains high due to limited new stock in the suburb.

Step 9: What Norton’s Can Do For You

Whether you're buying, building, or selling a multi-unit investment, we:

• Source off-market and pre-DA unit blocks

• Help you understand zoning and overlays before you buy

• Run preliminary rental + resale appraisals

• Connect you with town planners and project managers

• Sell your project or property to our investor database

⚠️ Legal Disclaimer

This article is for general informational purposes only. Norton’s Real Estate Agency accepts no responsibility for investment, development, or legal decisions made based on this content. Always seek advice from a licensed solicitor, accountant, and town planner before purchasing or developing multi-unit property.