Drewvale suburb profile
Drewvale is a peaceful suburb located in the southern part of Brisbane, Queensland, offering a suburban lifestyle with a touch of rural charm. Known for its spacious properties and family-friendly environment, Drewvale attracts those seeking a quieter pace of life while still being within reach of city amenities. The suburb is characterized by modern homes, well-maintained parks, and a strong sense of community. Its proximity to major roads and public transport options ensures convenient access to Brisbane's CBD and surrounding areas. Drewvale's blend of tranquility and accessibility makes it an appealing choice for families and professionals alike.
Drewvale property market performance
Drewvale's property market has shown modest growth over the past 12 months, with house values increasing by 1.2%. The current median house price stands at approximately $1.15 million. There is no data available for units, indicating a lack of unit sales in the area.
In terms of sales activity, 12 houses were sold in the past year, with houses spending a median of 40 days on the market, suggesting a steady demand for houses. The absence of unit sales highlights a focus on the housing market in Drewvale.
The rental market for houses has seen a slight increase, with average rent rising by 1.0% to $700 over the last 12 months. The unit rental market remains inactive, reflecting the overall trend in Drewvale's property landscape.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | -1.4% | N/A |
Sold Past 3 months | 5 | N/A |
Median days on market Past 12 months | 42 | N/A |
Average rent Past 12 months | $720 | N/A |
Change in rent Past 12 months | 3.2% | N/A |
Drewvale demographics
Drewvale, located in the southern suburbs of Brisbane, is a family-friendly area known for its peaceful residential environment and community-oriented lifestyle. With a population of 4,779 and a median age of 35, Drewvale is home to many young families and professionals who appreciate its suburban charm and proximity to the city. The suburb's median total household income of $2,243 per week reflects a relatively affluent community, with many residents employed in stable, well-paying jobs.
The family-centric nature of Drewvale is evident, with 62% of households being couple families with children, highlighting its appeal to those seeking a nurturing environment to raise a family. Additionally, 23.5% of households are couple families without children, and 13.8% are one-parent families, indicating a diverse range of family structures within the community. The suburb's quiet streets and ample green spaces make it an ideal location for families looking for a safe and supportive neighborhood.
In terms of property ownership, Drewvale has a high rate of homeownership, with 60% of properties owned with a mortgage and 18.7% owned outright. This suggests a stable housing market with a strong sense of community investment. Only 21.3% of properties are rented, which is relatively low compared to more transient urban areas, further emphasizing the suburb's appeal to long-term residents. Drewvale's blend of family-friendly amenities, community spirit, and convenient access to Brisbane's amenities makes it a desirable place to live for those seeking a balanced suburban lifestyle.
Drewvale infrastructure, key developments and investment opportunities
Drewvale is seeing steady residential growth due to its strategic position near the intersection of major motorways and proximity to established retail centres, enhancing both connectivity and convenience for residents. While there are no recent major infrastructure projects or significant new redevelopments announced, the area benefits from access to nearby schools, green spaces, and shopping amenities, contributing to sustained demand and a family-friendly reputation.
Ongoing improvements to public transport routes in surrounding suburbs and continued residential appeal are likely to support property values in Drewvale. No substantial council planning changes or large-scale infrastructure investments have been reported at this time that would directly impact the local market. Drewvale’s desirability remains underpinned by easy access to transport, schools, and recreational amenities rather than recent redevelopment activity.
Drewvale rental market trends
The rental market in Drewvale has experienced modest growth, with house rents increasing by 1.0% over the past year to $700 per week. There is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Drewvale remains a stable choice for renters seeking house accommodations in a suburban setting.
Suburbs near Drewvale
Some popular suburbs near Drewvale include:

