Suburb Profile Report for East Brisbane QLD (4169)

East Brisbane House: Median price $860,000, Annual capital growth 3.65%, Number of sales 41, Weekly median advertised rent $555

East Brisbane Unit: Median price $378,000, Annual capital growth 0.33%, Number of sales 59, Weekly median advertised rent $360

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

At number 1710th in the list of Australian suburbs ordered by increase in median house value over the last year, East Brisbane, 4169 is in the top half with a property value increase of -0.06% recorded in median house prices.

If we look at median property appreciation over just the last three months, East Brisbane has given property investors a paper return of 0.00%. This puts Suburb as 345 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for East Brisbane is $860000, with sellers offering an average of -7.13% off the asking price.

East Brisbane is 725th on a list of best yielding suburbs for rents in QLD with a 3.36% return

Property value increases in East Brisbane have tracked just higher than the QLD average of -0.57% over the last 12 months.

East Brisbane,4169 was ranked 1024 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in East Brisbane should be aiming for at least -7.08% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

East Brisbane, 4169’s gross rental yield is 4.95%

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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.

Metrics i HOUSE UNIT
$860,000 $378,000
0.00% -1.82%
-0.06% 1.89%
3.65% 0.33%
$555 $360
41 59
3.36% 4.95%
76 105.214285714286

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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