Suburb Profile Report for Greenslopes QLD (4120)

Greenslopes House: Median price $730,000, Annual capital growth 3.03%, Number of sales 77, Weekly median advertised rent $480

Greenslopes Unit: Median price $385,000, Annual capital growth 1.07%, Number of sales 68, Weekly median advertised rent $355

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

Greenslopes, 4120 ranked 365th in QLD when comparing growth in median property values or capital gain over the last 12 months. Greenslopes is one of 2415 in our list for QLD

While Greenslopes,4120 ranked number 846th in QLD for increase in median house value (annualised) increase, it is ranked 212th over the last 5 years.

Our latest figures would indicate that property sellers in Greenslopes are currently offering property investors an average price cut of -11.58% below the asking price at the moment.

Situated 5.01km from the CBD, Greenslopes is one of Brisbane (C) localities in the postcode 4120.

At number 1434th in the list of Australian suburbs ordered by increase in median house value over the last year, Greenslopes, 4120 is in the BOTTOM 20% with a property value increase of -11.47% recorded in median house prices.

Over the longer term, Greenslopes has seen property prices show investors a -5.19% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Greenslopes should be aiming for at least -3.92% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Greenslopes the average time real estate has been on the market is 89.9 days.

Greenslopes is 272th on a list of best yielding suburbs for rents in QLD with a 4.74% return

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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
$730,000 $385,000
-6.41% 2.53%
-2.01% -12.30%
3.03% 1.07%
$480 $355
77 68
3.42% 4.79%
58.50769 84.58182

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

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