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Indooroopilly suburb profile

Indooroopilly is a vibrant suburb located approximately 7km west of Brisbane's CBD, renowned for its lush greenery and bustling shopping precinct. The suburb is home to the expansive Indooroopilly Shopping Centre, one of the largest retail hubs in Queensland, offering a diverse range of shops, dining options, and entertainment facilities. With its proximity to the University of Queensland and excellent public transport links, including train and bus services, Indooroopilly is popular among students, professionals, and families. The suburb also boasts scenic river views, golf courses, and a mix of modern apartments and traditional Queenslander homes, making it a desirable place to live.

Indooroopilly property market performance

Current median dwelling price$1,550,000Past 3 months

Property growth+20.4%Past 12 months

Indooroopilly’s property market has experienced significant growth over the past 12 months, with house values soaring by 24.8% and unit values increasing by 13.4%. The median house price has reached $2.37 million, while the median unit price stands at $950,000, indicating strong demand across both property types.

Sales activity has been robust, with 29 houses and 47 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 22 days on the market and units even faster at 10 days, reflecting high buyer interest.

The rental market in Indooroopilly has also seen notable increases, with average rents for houses rising by 6.2% and units by 6.1% over the last year, suggesting a competitive rental environment.

HousesUnits
Median price
Past 3 months
$2.15M$945K
Change in value
Past 12 months
28.3%12.6%
Sold
Past 3 months
3139
Median days on market
Past 12 months
2212
Average rent
Past 12 months
$850$700
Change in rent
Past 12 months
6.3%4.8%

5 year median price trend for houses and units

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Indooroopilly demographics

Indooroopilly, a vibrant suburb located in Brisbane's western corridor, is renowned for its blend of urban convenience and suburban charm. With a population of 13,622 and a median age of 33, it attracts a diverse mix of residents, including young professionals, families, and students. The suburb's proximity to the University of Queensland and its well-connected public transport options make it a popular choice for those seeking a balanced lifestyle with easy access to both work and leisure.

The housing landscape in Indooroopilly is varied, with 45.2% of properties being rented, reflecting its appeal to those seeking flexible living arrangements. Meanwhile, 28.9% of homes are owned outright, and 25.9% are owned with a mortgage, indicating a stable community with a mix of long-term residents and new homeowners. The suburb's family-friendly environment is evident, with 46.8% of households being couple families with children, complemented by 35.6% of couple families without children and 14.3% of one-parent families.

Indooroopilly is also known for its shopping and dining options, with the Indooroopilly Shopping Centre serving as a major retail hub. The suburb's green spaces, such as the nearby Mt Coot-tha and the Brisbane River, offer residents ample opportunities for outdoor activities and relaxation. With a median household income of $2,078 per week, Indooroopilly provides a comfortable and dynamic living environment that caters to a wide range of lifestyles and preferences.

Indooroopilly infrastructure, key developments and investment opportunities

Indooroopilly remains one of Brisbane’s better-connected inner-west suburbs, with strong transport access, established shopping infrastructure and proximity to major employment and university precincts supporting ongoing buyer demand. Its role as a retail and transit hub continues to underpin convenience and walkability, which is a key drawcard for both families and professionals.

The suburb’s leafy residential streets, river setting and access to quality local schools and amenities continue to support its long-term appeal. At present, there are no major newly announced developments in the available information that would materially change the property market outlook in Indooroopilly.

Indooroopilly rental market trends

The rental market in Indooroopilly has experienced moderate growth, with house rents increasing by 6.2% over the past year to $850 per week, and unit rents rising by 6.1% to $700 per week. This steady growth reflects the suburb's appeal, driven by its proximity to amenities, educational institutions, and transport links, making it an attractive option for both renters and investors.

Suburbs near Indooroopilly

Some popular suburbs near Indooroopilly include:

How does Indooroopilly compare to nearby suburbs?

  • Median house prices: Indooroopilly’s median house price is 48.4% higher than Taringa’s.
  • Median unit prices: Indooroopilly’s median unit price is 14.4% higher than Taringa’s.
  • House price growth: Over the past 12 months, house prices in Indooroopilly have grown 12.2% higher than in Taringa.
  • Unit price growth: Over the past 12 months, unit prices in Indooroopilly have grown 2.2% higher than in Taringa.
  • Selling speed for houses: Properties in Indooroopilly are selling 53.2% faster than in Chelmer.
  • Selling speed for units: Properties in Indooroopilly are selling 7.7% faster than in Taringa.
  • Investment considerations: In Indooroopilly, the rental yield for house is 19.9% higher than the Brisbane average, while the rental yield for units is 7.2% higher.
  • House price growth: Over the past 12 months, house prices in Indooroopilly have grown 56.1% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Indooroopilly have grown 12.2% higher than the average rate of growth for units across Brisbane.

Common questions about Indooroopilly

  • Is Indooroopilly a nice place to live?

    Indooroopilly is a delightful suburb that offers a harmonious blend of urban convenience and suburban tranquility. Known for its lush greenery and vibrant atmosphere, it provides a welcoming environment for families, professionals, and students alike. The suburb's charm is enhanced by its scenic river views and a mix of modern apartments and traditional Queenslander homes, catering to a diverse range of lifestyle preferences. With its strong community feel and family-friendly vibe, Indooroopilly is an attractive place to call home.

    Living in Indooroopilly means having easy access to a variety of amenities. The suburb is well-served by public transport, making commuting to Brisbane's CBD or the University of Queensland a breeze. The expansive Indooroopilly Shopping Centre is a major draw, offering a plethora of shopping, dining, and entertainment options. For those who enjoy the outdoors, the nearby green spaces and golf courses provide ample opportunities for recreation and relaxation. Safety is generally not a concern, contributing to the suburb's appeal for families.

    However, living in such a desirable location does come with some trade-offs. The popularity of Indooroopilly means that property prices can be on the higher side, and the bustling nature of the suburb might not suit those seeking a quieter lifestyle. Additionally, while the suburb offers a vibrant atmosphere, it may lack the nightlife and cultural events found in more central areas. Nonetheless, for those who value convenience, community, and a balanced lifestyle, Indooroopilly is a fantastic choice.

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  • Is it expensive to live in Indooroopilly?

    Living in Indooroopilly can be quite expensive, especially when you consider the current property market. The median house price is a hefty $2,365,000, while units are priced at around $950,000. These figures are significantly higher than the average property prices in Brisbane, making Indooroopilly one of the pricier suburbs to call home.

    When it comes to renting, the average weekly rent for houses is $850, and for units, it's $700. These rental prices are on the higher side compared to other areas in Brisbane. However, the suburb's appeal, with its proximity to the city and excellent amenities, often justifies the cost for many residents.

    Looking at income, Indooroopilly's median household income is about $2,080 per week, which is above the Brisbane average. This higher income level might make the suburb more affordable for its residents compared to those earning the average wage in Brisbane. Nonetheless, the high property prices and rental costs mean that living in Indooroopilly requires a good financial standing. If you're thinking of living in Indooroopilly, it's essential to weigh these costs against your budget to ensure it aligns with your financial situation.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Indooroopilly a good place to invest?

    Indooroopilly is a suburb that stands out as a promising investment opportunity, thanks to its impressive growth in property values and rental returns. Over the past year, the median house value in Indooroopilly has surged by 24.8%, while unit values have also seen a healthy increase of 13.4%. This significant appreciation in property values indicates strong demand and a thriving real estate market, making it an attractive option for investors looking for capital growth.

    In addition to the rising property values, Indooroopilly has also experienced a notable increase in rental returns, with house rents climbing by 6.2% and unit rents by 6.1% over the last 12 months. This steady rise in rental income suggests a robust rental market, appealing to investors seeking reliable rental yields. The suburb's appeal is further enhanced by its convenient location, offering easy access to amenities, schools, and public transport, which continues to draw in both renters and buyers.

    Overall, Indooroopilly presents a compelling case for investment, with its strong capital growth, increasing rental returns, and desirable location. These factors combine to make it a suburb worth considering for those looking to invest in the real estate market.

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Choose the right real estate agents in Indooroopilly

Currently, there are 116 real estate agents working in Indooroopilly—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 116 agents sold 34.1% of all properties in Indooroopilly over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Indooroopilly typically charge a commission of 2% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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