Suburb Profile Report for East Brisbane QLD (4169)

East Brisbane House: Median price $900,500, Annual capital growth 5.29%, Number of sales 86, Weekly median advertised rent $510

East Brisbane Unit: Median price $411,875, Annual capital growth 3.09%, Number of sales 72, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

East Brisbane, 4169 ranked 142th in QLD when comparing growth in median property values or capital gain over the last 12 months. East Brisbane is one of 2415 in our list for QLD

The five-year average increase in median property values for East Brisbane,4169 has given property investors a potential capital gain of 42.94% across each of those five years.

At number 191th of QLD’s most discounted properties, East Brisbane is in the bottom 30% of the state/territory when listing in order of most discounted to least.

A $510 per week rent on the median house gives suburb investors a gross yield of circa 2.95%, without taking into account capital value appreciation, which has been averaging out at 5.29%.

East Brisbane is an average performer in QLD when comparing median price capital growth over the last year. East Brisbane gave property investors a good capital gain figure when compared to the rest of the state, with 2.97%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Brisbane has fallen somewhat when compared to the 5 year average annual rate.

At number 94th of QLD’s most discounted properties, East Brisbane is in the bottom 30% of the state/territory when listing in order of most discounted to least.

At number 943 in a list of fastest selling suburbs, East Brisbane is in the bottom 40% of suburbs in Australia with an average of days on market 85.44 for properties listed there.

Situated 2.31km from the CBD, East Brisbane is one of Brisbane localities in the postcode 4169.

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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
Metrics i HOUSE UNIT
$900,500 $411,875
-0.22% -2.17%
10.22% 2.97%
5.29% 3.09%
$510 $380
86 72
2.95% 4.80%
66.61 85.44

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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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