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West End

POSTAL CODE: QLD, 4101
HOUSE
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Based on its average 5-year and quarterly capital gains WEST END, 4101 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WEST END, 4101 obtained a 5.12% growth over a ten-year period. It ranks 3136th on our list of suburbs that property investors should look into.

WEST END, 4101 in QLD belongs to the local government area of Brisbane.

WEST END, 4101 has a capital gain of 47.4% for the past year, which is higher than average compared to its 14.76% growth within a five-year period.

With the median home price in WEST END sitting at $1,275,000, and the average rent at $750, property owners could potentially earn a 3.06% increase in gross rental yield.

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

Surburb overview

West End, located just 2 kilometres southwest of Brisbane's central business district, is a vibrant and eclectic suburb known for its bohemian atmosphere, diverse community, and rich cultural heritage.

According to the 2021 census, West End has 14,730 residents, with a median diverse community characterising the suburban community. 56.6% of residents were born in Australia, followed by England (3.9%), Greece (3.8%), and New Zealand (3%). English is the predominant language spoken at home by 66.3% of the population, with Greek (7.9%) and Mandarin (2.5%) also commonly spoken. 

West End is well-serviced by public transport, including several bus routes that connect the suburb to Brisbane's CBD and surrounding areas. The CityGlider bus service offers frequent connections, enhancing accessibility for residents and visitors. The nearby South Brisbane and South Bank railway stations provide further connectivity options.

The suburb boasts a variety of essential establishments, including numerous cafes, restaurants, and boutique shops, particularly along Boundary Street and Hardgrave Road. West End is also home to several educational institutions, parks, and community centres, contributing to its vibrant community life.

West End offers a range of recreational activities, with several parks and green spaces providing opportunities for outdoor leisure. The suburb's proximity to the Brisbane River allows for riverside walks and activities. Additionally, West End hosts various cultural events and markets, reflecting its diverse and artistic community.

As of recent reports, the median property price for houses in the West End is approximately $1,500,000, with an annual capital growth of 5.6%. The suburb has seen a 5.6% growth in house prices over the past 12 months. Rental yields for houses are currently around 2.5%, with a median rent of $750 per week. 

West End's unique blend of cultural diversity, proximity to the CBD, and vibrant community life contribute to its appeal as one of Brisbane's most sought-after suburbs. 

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