Question 1

Is Annerley a nice place to live?

Accepted Answer

Annerley is an inner-south Brisbane suburb centred on the Annerley Junction retail village along Ipswich Road. Tree-lined streets of weatherboard and interwar cottages sit beside low-rise units and newer apartments near the main roads, giving a lived-in neighbourhood feel with cafés, corner shops and long-established businesses. Small parks and walking routes along Norman Creek and easy access to nearby sports and cultural precincts including The Gabba mean many everyday needs are close at hand, and the area attracts a mix of families, young professionals and long-term locals who value inner-city convenience without losing a village atmosphere.

With a population of 11,891 and a median age of 33, renting is the most common tenure at 55.2%, so the suburb works well for renters as well as owners. Public transport is straightforward, with frequent buses and a nearby rebuilt Dutton Park train station now open, and there are ongoing council investigations and renewal plans to improve walking, cycling and station accessibility in the area.

Question 2

Is it expensive to live in Annerley?

Accepted Answer

Buying looks especially stretched in Annerley. The median house price of $1,485,000 is about 15.6 times a typical local annual household income at the last Census, and the median unit price of $938,118 is about 9.9 times a typical local annual household income at the last Census. Both sit well above what people locally earned at the last Census.

Rents take a large share of local incomes: $775 a week for a house would use about 42.3% of a typical local household's weekly income at the last Census, while $550 a week for a unit would use about 30.1%. So buying sits much farther above local incomes than renting does, though renting still takes a sizeable to large share of a typical local household's income at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Annerley a good place to invest?

Accepted Answer

Unit values in Annerley rose 19.6% over the past 12 months, a strong increase, while house values also climbed strongly, up 11.7% over the year. Rents moved by smaller but still solid amounts: house rents increased 9.2% and unit rents rose 7.8%.

For someone weighing Annerley as an investment, the value changes show the capital-growth side of the market doing the heavier lifting this year, particularly for units, while the rent figures describe how rental income changed — house rents grew a little more than unit rents. Whether that pattern matches your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.49M	$938K
Change in value Past 12 months	11.7%	19.6%
Sold Past 3 months	23	15
Median days on market Past 12 months	14	13
Average rent Past 12 months	$775	$550
Change in rent Past 12 months	9.2%	7.8%

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