The post-budget guide to commercial property investing

Auchenflower

POSTAL CODE: QLD, 4066
HOUSE
UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 44.27% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,012,500

The augmented property values in the suburb are trailing above the territorial average of 14.32% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $920.

Home owners selling their properties and realtors in AUCHENFLOWER usually have to wait an average of 63.3 days days before their assets are lifted off the market.

The QLD suburb ranks 721st on the list of best yielding suburbs for rental properties in QLD, posting a 2.38% return.

It also places places 778th in Australia based on median property value growth during the quarter.

Surburb overview

Auchenflower, situated just 3 kilometres west of Brisbane's CBD, is a charming inner-city suburb known for its blend of historical Queenslander homes and modern apartment complexes. The suburb has a population of around 5,877 people, with the predominant age group being 20-29, reflecting its appeal to young professionals and students. Auchenflower's population growth was 9.8% from 2011 to 2016.

The median house price in Auchenflower is currently $1,505,000, while units are priced at approximately $690,000. The rental market is strong, with median weekly rents at $702 for houses and $530 for units, yielding rental returns of 2.73% and 4.64%, respectively.

The suburb offers various amenities, including parks like Torwood Park, a vibrant café scene along Milton Road, and access to nearby shopping centres in Toowong and Paddington. Auchenflower is also home to Wesley Hospital and has easy access to the Queensland Cultural Centre in South Brisbane.

Auchenflower’s transportation options are well-developed, with its railway station providing frequent services to Brisbane’s CBD and numerous bus routes available. The suburb’s proximity to top schools such as Rainworth State School, Milton State School and nearby universities makes it desirable for families and students.

Free investor loan check

Better property decisions start with smarter lending.

A free 15-minute finance check for property investors.

15 minutes Free No obligation

What are your lending goals?

Choose a goal to request a callback.

Ready to talk?

Book a 15-minute call →