Get a property report and suburb profile for any property in Kangaroo Point

Kangaroo Point sits on a bend of the Brisbane River opposite the CBD, framed by the sandstone Kangaroo Point Cliffs and wide riverfront parkland. The suburb pairs high-rise riverside apartments with older timber and brick homes on quieter streets, so there are skyline-view residences alongside leafy pockets. It attracts people who enjoy outdoor activity — rock climbing on the cliffs, riverfront walking and cycling and barbecue-friendly parks — and has cafes, eateries and a compact retail strip for everyday needs while keeping a neighbourhood feel.

About 9,689 people live in Kangaroo Point, with a median age of 36 and a typical household income of $2,058 a week. Family households are largely couples without children, and most dwellings are rented (63.3%) rather than owner-occupied (36.7%). Recent transport upgrades, including a new pedestrian and cycle bridge and improved ferry services, plus precinct planning linked to nearby major projects, have strengthened cross-river links and foreshore connections. Whether it suits you depends on whether you value riverside activity, good transport and a mixed renting/owner community.

A unit priced at $880,000 in Kangaroo Point works out to about 8.2 times a typical local household's annual income at the last Census, which places buying a unit well above local incomes. Renting is also stretched: the average unit rent of $740 a week would take about 36% of a typical local household's weekly income at the last Census, a sizeable share, while house rent at $825 a week would take about 40% of that weekly income, a large share of income.

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

The clearest movement in Kangaroo Point over the past year was in values: unit values climbed 18.4% and house values rose 12.5%, both sizeable increases. By contrast, rents moved more gently — house rents increased 3.1% and unit rents rose 4.2% over the same period.

Put simply, capital growth has been the stronger performer this year in Kangaroo Point, while rental income grew only modestly. If you are focused on capital gains, the value figures are the most relevant; if rental return is your priority, the rent figures are the ones to watch. Whether that balance suits you depends on your own goals and circumstances.

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.