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Stones Corner suburb profile

Stones Corner is a vibrant inner-city suburb of Brisbane, located just 5km southeast of the CBD. Known for its eclectic mix of retail outlets, cafes, and dining options, it offers a lively urban atmosphere with a touch of historic charm. The suburb has undergone significant revitalization, attracting young professionals and creatives who appreciate its blend of old and new. With excellent public transport links, including bus and train services, Stones Corner provides easy access to the city and surrounding areas. Its community-focused events and proximity to green spaces make it a desirable location for those seeking a dynamic yet relaxed lifestyle.

Stones Corner property market performance

Current median dwelling price$1,055,000Past 3 months

Stones Corner’s property market has shown notable activity in the unit sector over the past 12 months, with unit values increasing by 13.8%. The median unit price has reached $885,000, reflecting strong demand in this segment. In contrast, the house market has seen no sales or value changes, indicating a lack of activity or available inventory.

Sales activity for units has been moderate, with 14 units sold in the past 12 months. Units are moving quickly, with a median of just 13 days on the market, suggesting high demand and quick turnover.

The rental market in Stones Corner has seen a slight increase in unit rents by 2.9%, while house rents have remained stable at $950, indicating a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/A$885K
Change in value
Past 12 months
N/A13.8%
Sold
Past 3 months
N/A14
Median days on market
Past 12 months
N/A13
Average rent
Past 12 months
$950$710
Change in rent
Past 12 months
N/A2.9%

5 year median price trend for houses and units

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Stones Corner demographics

Stones Corner, located in Brisbane's inner south, is a vibrant suburb known for its eclectic mix of retail, dining, and entertainment options. With a population of 2,336 and a median age of 31, it attracts a youthful demographic, including young professionals and students who appreciate its proximity to the city and lively atmosphere. The suburb's median total household income of $1,854 per week reflects a comfortable standard of living, appealing to those seeking a balance between work and leisure.

Housing in Stones Corner is predominantly rental-based, with 62.6% of properties being rented. This high rental rate underscores its popularity among those seeking flexible living arrangements, such as students and young professionals. The suburb's family composition is diverse, with 23.2% of families being couples with children and 62.7% being couples without children, indicating a strong presence of young couples and singles who enjoy the area's dynamic lifestyle.

The property market in Stones Corner offers a mix of opportunities, with 13.3% of homes owned outright and 24.2% owned with a mortgage. This blend of ownership types suggests a stable community with both long-term residents and new buyers entering the market. The suburb's appeal is further enhanced by its convenient access to public transport, parks, and cultural amenities, making it an attractive choice for those looking to enjoy the best of urban living in Brisbane.

Stones Corner infrastructure, key developments and investment opportunities

Stones Corner continues to benefit from its established inner-city location, with strong access to the Brisbane CBD, nearby employment hubs, and a compact village-style retail strip that supports day-to-day convenience and walkability.[2][4]

There are no major new infrastructure or redevelopment projects identified in the available results that would materially change the property market at this time.[2][4]

Stones Corner rental market trends

The rental market in Stones Corner has remained relatively stable, with house rents holding steady over the past year at $950 per week, while unit rents have seen a modest increase of 2.9% to $710 per week. This stability, combined with the suburb's convenient location and amenities, makes Stones Corner an attractive option for renters seeking a balanced urban lifestyle.

Suburbs near Stones Corner

Some popular suburbs near Stones Corner include:

How does Stones Corner compare to nearby suburbs?

  • Median house prices: Stones Corner’s median house price is 19.5% higher than Greenslopes’s.
  • Median unit prices: Stones Corner’s median unit price is 9.1% higher than Greenslopes’s.
  • Unit price growth: Over the past 12 months, unit prices in Stones Corner have grown 3.7% higher than in Greenslopes.
  • Selling speed for units: Properties in Stones Corner are selling 31.6% faster than in Woolloongabba.
  • Investment considerations: In Stones Corner, the rental yield for house is 37.1% higher than the Brisbane average, while the rental yield for units is 9.2% higher.
  • House price growth: Over the past 12 months, house prices in Stones Corner have grown 1.7% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Stones Corner have grown 5.8% higher than the average rate of growth for units across Brisbane.

Common questions about Stones Corner

  • Is Stones Corner a nice place to live?

    Stones Corner is a charming suburb that offers a delightful blend of urban convenience and historic allure, making it a fantastic place to call home. Its vibrant atmosphere is characterized by an eclectic mix of retail outlets, cafes, and dining options, providing residents with a lively and engaging environment. The suburb's proximity to the Brisbane CBD, just 5km away, ensures that all the amenities of city life are within easy reach, while excellent public transport links make commuting a breeze.

    Families will find Stones Corner to be a welcoming community, with its family-friendly parks and green spaces offering plenty of opportunities for outdoor activities and relaxation. The suburb's dynamic vibe is particularly appealing to young professionals and creatives, who are drawn to its unique blend of old-world charm and modern conveniences. While the area is predominantly rental-based, this flexibility attracts a diverse range of residents, contributing to a vibrant and inclusive community.

    However, living in Stones Corner does come with a few trade-offs. The bustling urban environment means that it may not offer the same level of tranquility as more suburban areas, and the high demand for rental properties can lead to competition for housing. Despite these considerations, the suburb's strong sense of community, cultural amenities, and easy access to both the city and nature make it a highly desirable place to live for those seeking a dynamic yet relaxed lifestyle.

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  • Is it expensive to live in Stones Corner?

    Living in Stones Corner, an inner-city suburb of Brisbane, can be quite costly, particularly if you're considering buying a unit. The current median price for a unit is around $885,000, which is significant given that there are no available figures for house prices in the area. Renting is also on the pricier side, with the average rent for houses at $950 per week and units at $710 per week.

    When compared to Brisbane's average annual wage of approximately $82,000, the cost of living in Stones Corner, especially in terms of housing, can take up a substantial portion of one's income. The median total household income in the area is about $1,854 per week, which suggests that while some residents may find it manageable, others might feel the financial strain.

    Overall, if you're thinking of living in Stones Corner, it's important to weigh the financial implications. While the suburb offers the convenience of inner-city living, the expenses associated with housing and rent are relatively high, making it a more expensive option compared to other areas in Brisbane.

    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 Stones Corner a good place to invest?

    Stones Corner presents an intriguing opportunity for investors, particularly those interested in the unit market. Over the past year, the suburb has seen a significant 13.8% increase in median unit values, indicating a strong demand and potential for capital growth in this segment. This surge suggests that units in Stones Corner are becoming increasingly desirable, likely due to their affordability and the suburb's appealing location.

    While the median house values and rents have remained stable, the steady rental increase for units at 2.9% over the last year highlights a growing interest from renters. This could be attributed to the suburb's vibrant atmosphere, proximity to the city, and excellent public transport links, making it an attractive option for young professionals and students.

    Overall, Stones Corner offers a promising investment landscape, especially for those focusing on units. The combination of rising unit values and rental demand suggests a positive outlook for investors seeking both capital growth and rental income. With its dynamic community and convenient location, Stones Corner is certainly a suburb to watch for future investment potential.

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Choose the right real estate agents in Stones Corner

Choosing the right real estate agent in Stones Corner can have a big impact on your sale. While there are 30 real estate agents working in the suburb, but just 5 of them were responsible for 46.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.47% to 3.01%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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