South Brisbane

POSTAL CODE: QLD, 4101
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Homeowners and real estate investors betting on SOUTH BRISBANE, 4101 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 18.84%.

Property investors in SOUTH BRISBANE enjoyed capital gains of 18.84% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $820,000.

Profits due to an downward trend in home prices there averaged -1.14% per annum over a 3-year period.

Home owners selling their properties and realtors in SOUTH BRISBANE usually have to wait an average of 31.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 4.76% increase in returns based on the current median price in SOUTH BRISBANE.

SOUTH BRISBANE, 4101 places th in Australia based on median property value growth during the quarter.

Surburb overview

South Brisbane, located just across the Brisbane River from the central business district (CBD), is a vibrant inner-city suburb renowned for its cultural precincts, diverse dining options, and proximity to the heart of Brisbane.

According to the 2021 census, South Brisbane has a population of 14,292 residents, with a median age of 29. The suburb is characterised by a youthful and diverse community, with a significant proportion of residents aged between 20 to 34 years. Households in South Brisbane primarily comprise couples without children, reflecting its appeal to young professionals and students.

South Brisbane is well-serviced by public transport, including bus routes and the South Brisbane railway station. Residents have convenient access to the CBD and surrounding areas. The suburb's strategic location and connectivity make it desirable for those seeking an urban lifestyle.

The suburb is home to several cultural landmarks, including the Queensland Performing Arts Centre, the Queensland Museum, and the Gallery of Modern Art, making it a cultural hub within Brisbane. Additionally, South Brisbane offers a variety of dining and entertainment options, particularly along Grey Street and Little Stanley Street, enhancing its appeal to both residents and visitors.

South Brisbane features the South Bank Parklands, a popular recreational area offering an artificial beach, walking paths, and picnic spots along the Brisbane River. The parklands host various events and markets, contributing to the suburb's vibrant community atmosphere.

According to recent reports, the median property price for houses in South Brisbane is approximately $1,385,000. The compound growth rate for houses is 4.5%, and for units, it is 18.9%. Rental yields for houses are currently around 2.4%, and the median rent is $750 per week. 

South Brisbane's combination of cultural amenities, proximity to the CBD, and diverse housing options contribute to its appeal as a dynamic and desirable suburb within Brisbane.

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