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Enoggera

POSTAL CODE: QLD, 4051
HOUSE
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Property investments in ENOGGERA fare well against the rest of the country last year, registering a median home price increase of 6.3%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ENOGGERA, 4051 saw average growth in the long term.

Real estate investors could earn a rental income of $720 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 41.3 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,413,750.

ENOGGERA ranks 677th on the list of best yielding suburbs for rental properties in QLD, posting a 2.65% return.

Surburb overview

Enoggera, located about 6.5 kilometres northwest of Brisbane’s CBD, is a suburb with a mixed residential charm and a strong community feel. The area has a population of around 5,152 people, with the predominant age group being 20-29, reflecting a young and active demographic. Most residents in Enoggera work in professional occupations or community and personal services, contributing to its diverse employment base.

The suburb offers a variety of housing options, including detached Queenslander homes, modern units, and townhouses. The median property price for houses in Enoggera is approximately $1,325,000, while units average around $625,000. The rental market is robust, with median weekly rents of $650 for houses and $570 for units, providing rental yields of 3.15% and 4.90%, respectively.

Enoggera is well-connected to Brisbane's city centre through excellent public transport options, including the Enoggera train station and numerous bus routes, making it convenient for commuters. The suburb is also home to the Gallipoli Barracks, one of the Australian Army’s significant bases, which adds to its strategic importance and provides local employment opportunities.

The area is known for its green spaces, including parks like the South Pine Sports Complex and Enoggera Dam, which offer residents ample outdoor activities and recreation opportunities. Local amenities such as Brookside Shopping Centre and various cafes and restaurants further enhance its liveability.

 

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