Suburb Profile Report for East Brisbane QLD (4169)

East Brisbane House: Median price $883,500, Annual capital growth 7.67%, Number of sales 89, Weekly median advertised rent $540

East Brisbane Unit: Median price $395,557, Annual capital growth 2.93%, Number of sales 73, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

East Brisbane is in the TOP 20% in QLD when comparing median price capital growth over the last year. East Brisbane gave property investors a very good capital gain figure when compared to the rest of the state, with 11.48%.

Taking the average capital gain, or increase in median house value, East Brisbane,4169 has racked up an average of 11.48% over the period. This ranks it number 1467th in the whole country for real estate investors looking at median house price increases.

East Brisbane, 4169 is offering QLD ‘s 160th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

With the median price for a house in East Brisbane being $883500 and the advertised rent reaching $540 the gross rental yield for property investors calculates out to be 3.18%

Investment property in East Brisbane has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.49%

When looking at the potential capital gains offered to property investors over the last 3 years, East Brisbane comes in at number 293th in QLD.

Sellers are offering property buyers an average discount of -7.15% to buyers in East Brisbane at the moment, which is less than average for the rest of QLD.

Renters in Suburb are facing rents around $4620 per annum or $385 every week.

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An inner city suburb of Brisbane, East Brisbane is a popular suburb among young professionals and people downsizing. Nestled between Kangaroo Point and Norman Park, the suburb is a relatively dense area with a number of apartments and townhouses built to cater for the growing demand from homebuyers and renters

Full summary

An inner city suburb of Brisbane, located just 4 km east of the CBD, East Brisbane is a popular suburbs among young professionals and people downsizing. Nestled between Kangarro Point and Norman Park, the suburb is a relatively dense area with a number of apartments and townhouses built to cater for the growing demand from homebuyers and renters.

Although East Brisbane does not have a train station, it has regular bus service to and from the CBD. It also has good road links via the Southeast Freeway.

Residents enjoy full retail amenities of the CBD including those along Old Cleveland Road and Queen Street Mall. The suburb’s proximity to Mowbray Park means residents can enjoy some good picnic spots along the Brisbane River and waterfront parkland in Heath Park also provides waterfront parkland, located on the banks of Norman Creek.

The suburb has recorded solid growth over the last 10 years. Unlike the other Brisbane suburbs which are still struggling to recover from their 2008 peak, East Brisbane has continued to grow to another peak of $700,750 in June 2010.

“East Brisbane has a lot of large-scale developments going on including residential developments commercial developments and a lot of infrastructure spending such as the Cross River Rail Project - an $8 billion dollar development which is essentially going to take rail within the inner city underground. At the moment at peak time the rail network is at capacity and these should take some burden off that. It’s going to increase the level of accessibility to East Brisbane. In the near term, it’s going to cause some headache during construction but over the longer term it’s going to see significant growth for the region,” says PRDnationwide's Josh Brown.

Close
HOUSE UNIT
$883,500 $395,557
5.81% -1.72%
11.48% -6.49%
7.67% 2.93%
$540 $385
89 73
3.18% 5.06%
62.48 78.18

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in East Brisbane QLD
Demographics
Total population 5598
Median household income ($/weekly) 1494
Median age of persons 31
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 736 13.1
    25-34 years 1478 26.4
    35-44 years 822 14.7
    45-54 years 635 11.3
    55-64 years 472 8.4
    Others 1455 26.0
    Age Group
    Census Count Percent(%)
    Not Married 2315 55.8
    Registered Married 1296 31.2
    Defacto Relationship 538 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3432 68.3
    Indonesia 117 2.3
    Papua New Guinea 251 5.0
    United Kingdom 220 4.4
    Other 386 7.7
    Others 618 12.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 118 2.5
    Christianity 2892 60.2
    Hinduism 115 2.4
    Islam 101 2.1
    No Religion 1489 31.0
    Others 90 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 155 8.1
    $1,250-$1,499 163 8.5
    $1,500-$1,999 205 10.7
    $2,000-$2,499 167 8.7
    $2,500-$2,999 209 10.9
    Others 1016 53.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2093 47.5
    Not in the labour force 1052 23.9
    Employed, worked part-time 915 20.8
    Unemployed, looking for work 177 4.0
    Employed, away from work 169 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 416 13.1
    Professionals 1026 32.3
    Technicians & trades workers 349 11.0
    Community & personal service workers 313 9.8
    Clerical & administrative workers 478 15.0
    Others 596 18.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 255 18.5
    Secondary 280 20.3
    Technical or Further Educational Institution 144 10.5
    University or other Tertiary Institutions 580 42.2
    Other type of educational institution 72 5.2
    Others 45 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2875 59.2
    Semi-detached, row or terrace house, townhouse 430 8.8
    Flat, unit or apartment 1541 31.7
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 7 0.1
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 1140 53.8
    Being purchased 562 26.5
    Fully owned 407 19.2
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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