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Aspley has experienced varied trends in its property market. The median house price has seen a decrease to around $900,000, with a -5.01% change over the past year. This decline might reflect market adjustments or specific local factors influencing buyer decisions. However, the unit market in Aspley tells a different story, showing robust growth with a median price of $577,500 and a notable 12.14% increase over the same period. This trend could be attributed to a growing demand for more affordable housing options and the appeal of low-maintenance living.

In the past 12 months, Aspley recorded 183 house sales and 33 unit sales. The average time on the market for houses was slightly longer at 26 days compared to 22 days for units. This difference suggests a stronger demand for units, possibly driven by factors such as affordability, location preferences, or lifestyle needs of the residents.

The economic landscape and infrastructure developments in and around Aspley also play a crucial role in shaping its property market. The suburb's proximity to Brisbane CBD and other major commercial hubs, combined with its well-developed transport network, adds to its appeal as a convenient and accessible place to live. Future infrastructure projects and economic initiatives in the region could further bolster the property market in Aspley.

Rental market and economic factors

The rental market in Aspley presents a solid opportunity for investors, particularly in the unit sector. The rental yield for units stands at an attractive 4.85%, with a median rent of $530 per week. For houses, the median rent is $650 with a yield of 3.77%. These rental yields, especially for units, indicate a potentially profitable market for rental investments.

Aspley, spanning approximately 6.5 square kilometres, boasts 17 parks, accounting for nearly 13.8% of its total area. This abundance of green space is indicative of the suburb's commitment to providing a healthy, outdoor-oriented lifestyle for its residents. The parks offer various recreational opportunities, enhancing the appeal of the suburb for families and outdoor enthusiasts.

The population of Aspley underwent a slight decrease from 2011 to 2016, totaling 12,108 people. The predominant age group in Aspley is 40-49 years. Households in Aspley are primarily couples with children, and the residents predominantly work in professional occupations. The median household income in 2016 was $1,507 per week, showing a healthy increase from previous years.

Aspley's large green spaces and parks also reflect a focus on environmental sustainability and community well-being. Future urban planning and development decisions in the suburb will likely consider environmental impacts, aiming to maintain a balance between development and sustainability.

Near Aspley, several attractive suburbs each offer their own unique character. Areas such as Chermside, Carseldine, and Bridgeman Downs provide diverse living experiences and real estate choices, ideal for those seeking alternatives near the convenient and community-focused lifestyle of Aspley.