Suburb Profile Report for Greenslopes QLD (4120)

Greenslopes House: Median price $737,500, Annual capital growth 5.39%, Number of sales 105, Weekly median advertised rent $450

Greenslopes Unit: Median price $473,750, Annual capital growth 6.83%, Number of sales 144, Weekly median advertised rent $365

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Greenslopes is an average performer in QLD when comparing median price capital growth over the last year. Greenslopes gave property investors a average capital gain figure when compared to the rest of the state, with 2.43%.

Over the longer term, Greenslopes has seen property prices show investors a 25.64% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Greenslopes is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 610th in terms of most discounted suburbs in QLD

In the last year 105 properties changed hands in Greenslopes, which puts it as the 226th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

Greenslopes is in the TOP 10% in QLD when comparing median price capital growth over the last year. Greenslopes gave property investors a very good capital gain figure when compared to the rest of the state, with 15.55%.

The five-year average increase in median property values for Greenslopes,4120 has given property investors a potential capital gain of 37.32% across each of those five years.

Sellers are offering property buyers an average discount of -5.25% to buyers in Greenslopes at the moment, which is less than average for the rest of QLD.

At number 508 in a list of fastest selling suburbs, Greenslopes is in the TOP 40% of suburbs in Australia with an average of days on market 65.48 for properties listed there.

Greenslopes, 4120’s gross rental yield is 4.01%

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Greenslopes lies around 5km south of the Brisbane CBD and encompasses the Greenslopes Mall and Greenslopes Private Hospital. Road access to the city is good, via the Pacific Motorway, but the nearest train station is a couple of kilometres away at Fairfield.Full summary

Greenslopes lies around 5km south of the Brisbane CBD and encompasses the Greenslopes Mall and Greenslopes Private Hospital. Road access to the city is good, via the Pacific Motorway, but the nearest train station is a couple of kilometres away at Fairfield.

Hot Property Specialists’ Liz Wilcox adds however that the bus options here are just as good, if not better, than nearby Holland Park’s thanks to Logan Road and the express busway.

Units here have an affordable median price tag and decent yields that are expected to rise in line with Brisbane’s tightening rental market.

Wilcox suggests that the area’s unit market will attract young professionals and healthcare workers, and with this in mind she recommends targeting the streets close to the hospital (just to the west of Logan Road) and the shopping centre (just to the east of Logan Road).

When it comes to what to buy, she suggests going for a modern or revamped unit to cater for tenant expectations and receive the best yields, as the old six-packs have “had their day.”

Close
Metrics i HOUSE UNIT
$737,500 $473,750
0.34% 0.80%
2.43% 15.55%
5.39% 6.83%
$450 $365
105 144
3.17% 4.01%
55.04 65.48

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Greenslopes QLD
Demographics
Total population 8564
Median household income ($/weekly) 1365
Median age of persons 32
Median housing loan repayment ($/monthly) 2013
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1004 11.7
    25-34 years 2270 26.5
    35-44 years 1365 15.9
    45-54 years 888 10.4
    55-64 years 706 8.2
    Others 2332 27.2
    Age Group
    Census Count Percent(%)
    Not Married 3437 51.7
    Registered Married 2272 34.2
    Defacto Relationship 935 14.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5490 68.6
    Indonesia 367 4.6
    Papua New Guinea 270 3.4
    United Kingdom 336 4.2
    Other 542 6.8
    Others 1002 12.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 257 3.3
    Christianity 4680 61.0
    Hinduism 227 3.0
    Islam 176 2.3
    No Religion 2141 27.9
    Others 194 2.5
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 291 8.7
    $1,000-$1,249 326 9.7
    $1,500-$1,999 457 13.6
    $2,000-$2,499 340 10.1
    $2,500-$2,999 311 9.3
    Others 1626 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3404 48.8
    Not in the labour force 1683 24.1
    Employed, worked part-time 1400 20.1
    Unemployed, looking for work 250 3.6
    Employed, away from work 232 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 533 10.6
    Professionals 1692 33.6
    Technicians & trades workers 539 10.7
    Community & personal service workers 471 9.4
    Clerical & administrative workers 797 15.8
    Others 1005 20.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 406 21.7
    Secondary 253 13.5
    Technical or Further Educational Institution 231 12.4
    University or other Tertiary Institutions 789 42.2
    Other type of educational institution 102 5.5
    Others 87 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4132 52.5
    Flat, unit or apartment 3105 39.5
    Semi-detached, row or terrace house, townhouse 621 7.9
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2017 56.1
    Being purchased 937 26.1
    Fully owned 631 17.5
    Other tenure type 11 0.3
    Tenure Type
Census 2011, ABS
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