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

Greenslopes is an established inner-south Brisbane neighbourhood centred on Logan Road, known for leafy streets and a mix of classic timber Queenslanders, postwar brick homes and medium-density apartments close to the retail strip. The suburb is anchored by Greenslopes Private Hospital and a compact shopping precinct of cafes and specialist shops, with local parks and nearby bushland that residents use for walking. It attracts young professionals, families and downsizers who value that combination of convenience and green space.

About 7,941 people live in Greenslopes, with a median age of 34 and a median household income of $1,974 a week (roughly $102,648 a year). Family life is largely centred on couples, and renting is the most common tenure at 53.4% of homes. Regular buses, the Greenslopes busway station and the Veloway 1 cycle route keep the suburb connected, and a new medical precinct and other hospital campus upgrades are planned or under way in the local health precinct. Whether it suits you will depend on the mix of housing, transport links and nearby amenities you want.

Buying in Greenslopes sits well above what local households earned at the last Census. The median house price of $1,330,000 is about 13.0 times a typical local annual household income at the last Census, while the median unit price of $805,000 is about 7.8 times that annual income.

Rent also takes a substantial share of local income: the average house rent of $798 a week is about 40.4% of a typical local household's weekly income at the last Census, and the average unit rent of $595 a week is about 30.1% of that income. On these figures, buying looks considerably more stretched against the Census household income, and renting still runs to a sizeable or large share of what a typical local household earned then.

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

Rents climbed strongly over the past 12 months, led by house rents which rose 14.0%. In Greenslopes, unit values increased 10.7% and unit rents rose 10.2%, both strong rises, while house values were up a solid 9.0%. That means the rent a house earns has risen faster than its price this year, whereas unit values have edged ahead of house values. If rental income is your priority the house side has been the stronger performer this year; if capital growth is your focus, units have recorded the larger value rise. Whether that mix suits your goals depends on what you prioritise.

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.