Get a property report and suburb profile for any property in Aspley

Aspley is an established northern Brisbane suburb with a suburban, family-oriented character and a mix of tree-lined streets and practical everyday conveniences. Housing ranges from mid-century weatherboard cottages and brick homes on roomy blocks to low-rise units and newer townhouses along main roads, giving an established feel alongside pockets of renewal. It attracts families, professionals and downsizers seeking an established community close to the city fringe.

Home to 12,871 people with a median age of 43, Aspley is weighted towards families and about three in four homes are owner-occupied. Local life centres on neighbourhood shopping, supermarkets, parks and sporting fields, cafés and medical services, with regular bus services and easy car access. Several transport and health projects are under way or planned locally, and there is ongoing community discussion about the North West transport corridor and a possible library and community centre.

Buying in Aspley sits well above what a typical local household earned at the last Census. The median house price of $1,345,000 is about 14.2 times a typical local annual household income, and the median unit price of $895,000 is about 9.5 times that annual income. On these figures, purchase prices are well above local incomes.

Renting is comparatively less stretched. A house rent of $750 a week would take about 41.3% of a typical local household's weekly income as recorded at the last Census, a large share, while a unit rent of $478 a week would take about 26.3%, a moderate share. Whether that feels expensive depends on your own income and circumstances.

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

The past 12 months in Aspley were marked by strong gains in property values: median house values climbed 21.1% while median unit values rose 14.7%. Those changes are measures of capital growth, and they show house prices increased by more than unit prices over the year.

On the income side, house rents increased 7.1%, a solid rise, while unit rents fell 8.1%, a solid decline. In other words, house capital growth outpaced rental income growth this year, whereas units saw prices and rents moving in opposite directions. Which of those outcomes matters to you will depend on whether you prioritise capital growth or rental income.

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.