Emily Xiong
5 Blacket Street, Annerley, Qld 4103
Auction
4 3 2
Open Saturday 6 June 10:00 am Auction Saturday 20 June 4:30 pm🏛️ About This Suburb (Last Updated Date: 2026-03-06)
History, Aboriginal heritage, and the story behind the name.
Annerley — Turrbal and Jagera Country
Originally known as Boggo, the area was a key transport route for timber and agricultural goods. It evolved into a prestigious residential suburb in the late 19th century, anchored by the Junction Park State School which opened in 1888.
A vibrant, multicultural mix of young professionals, medical staff, and families living in a combination of heritage 'Queenslanders' and modern apartment complexes.
Overall Score
8
Strong performance driven by location and infrastructure despite environmental risks.
Aboriginal Name
Yerongpan— "The name of the local clan group inhabiting the area south of the Brisbane River."
Name Origin
Named after the village of Annerley in Surrey, England, by local resident Thomas Stephens.
Established
1860s
Heritage Education
Junction Park State School is one of Brisbane's oldest.
Medical Hub
Directly adjacent to the Princess Alexandra Hospital.
Architecture
High concentration of pre-war character homes.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
7
Steady demand with low inventory levels keeping prices resilient.
Amenity
9
Exceptional access to retail, dining, and major hospital precincts.
Schools
8
Highly regarded local primary school and proximity to elite secondary options.
Transport
9
Excellent busway access and proximity to multiple train stations.
Risk Profile
6
Moderate risk due to significant flood overlays in specific gullies.
Liveability
8
High quality of life with leafy streets and strong community feel.
Demographics
8
Diverse, educated population with high incomes in the medical and tech sectors.
Rental Demand
9
Extremely high due to proximity to UQ and major hospitals.
Growth Potential
7
Solid long-term prospects linked to Brisbane's inner-south infrastructure upgrades.
Affordability
5
Becoming increasingly expensive, pricing out many first-home buyers.
Crime & Safety
7
Generally safe, though typical inner-city opportunistic crime occurs near main roads.
Walkability
8
Very walkable near the Annerley Junction and Woolworths precincts.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,285,000
Steady 6% annual growth
Median Unit
$615,000
High yield for investors
Vacancy Rate
0.9%
Critically undersupplied
CBD Distance
5km
10-15 mins by bus/train
Green Space
12%
Parks and gullies
Family Ratio
42%
Growing family presence
✅ Key Advantages
- Proximity to Princess Alexandra and Greenslopes Private Hospitals.
- Excellent public transport via the South East Busway and train lines.
- High concentration of charming, value-add character homes.
- Strong school catchment (Junction Park State School).
- Diverse range of local cafes, antique shops, and amenities.
⚠️ Key Watch-Outs
- Significant flood and overland flow risks in low-lying areas.
- Heavy traffic congestion and noise along Ipswich Road.
- Strict character residential zoning limits development on many lots.
- Increasingly competitive auction market for houses.
- Limited off-street parking in older, narrow streets.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Urban Professional
How this suburb feels day-to-day.
🏠 Property Types
Mix of pre-war houses, post-war cottages, and low-rise apartments.
Dominant dwelling stock.
💰 Price Range
$550k (Units) to $2.2m (Renovated Houses)
Typical entry to ceiling.
💡 Why It Matters
Annerley serves as a more affordable alternative to Dutton Park and Highgate Hill while offering similar proximity to the CBD and major employment hubs. It is a strategic 'buy and hold' location for those seeking capital growth and high rental yields.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$1,285,000
$1.1m – $2.1m
🏢 Unit Median
$615,000
$480k – $850k
📈 Price Trend
+6.5% past 12 months
12-month movement
🔑 Weekly Rents
Houses $750pw, Units $580pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The price gap between unrenovated and renovated character homes provides a significant 'fixer-upper' margin for savvy buyers.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
8% above Brisbane metro median
Price comparison
📋 Income Ratio
8.8x annual income
Median price ÷ median income
💳 Gross Yield
4.2% gross yield
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
While houses are becoming a luxury, units remain relatively accessible for middle-income earners compared to neighboring inner-city suburbs.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
0.9%
Lower = tighter market
⏱️ Days to Lease
16 days
Avg time on market
📈 Rent Growth p.a.
+11% pa
Annual rental increase
Demand Level
Very High
👤 Tenant Profile
Medical professionals, university students (UQ), and young corporate couples.
💼 Investor Outlook
Extremely strong. Low vacancy and high demand from the hospital precinct ensure consistent rental income and minimal downtime.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+6.5%
1-Year Growth
+24% cumulative
3-Year Growth
+56% cumulative
5-Year Growth
📍 Growth Drivers
- Proximity to the 2032 Olympic precinct (Woolloongabba).
- Ongoing gentrification of the Annerley Junction retail strip.
- High demand for character homes in inner-city rings.
- Cross River Rail benefits via nearby Dutton Park station.
⛔ Headwinds
- Rising interest rates impacting borrowing capacity.
- Increased insurance premiums for flood-affected properties.
- Construction cost inflation for renovations.
🔮 5-Year Outlook
Expect continued outperformance of the broader Brisbane market as the 'inner-south' becomes more integrated with CBD expansion and Olympic infrastructure.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
7
Safety Score
Average
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
12% above metro average for property theft
Relative comparison
Risk Categories
Property Crime: Medium
Personal Safety: Low
Traffic Incidents: Medium
📋 What to Check Locally
Check specific street lighting and proximity to commercial hubs where foot traffic is highest.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
The primary concern is environmental; buyers must distinguish between ridge-top properties and those in the flood-prone gullies.
🌊 Flood Risk
Significant risk in low-lying areas near Moolabin Creek and specific overland flow paths; BCC FloodWise report is mandatory.
🔥 Bushfire Risk
Negligible risk in this urban environment.
🏦 Insurance Impact
High premiums or coverage exclusions may apply to properties identified in the 1% AEP flood zone.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
LMR2 Low-medium density residential (2 or 3 storeys)
🔲 Overlays
Traditional Building Character, Flood Overlay, Airport Environs.
🏗️ Development Hotspots
Ipswich Road corridor and areas adjacent to the Annerley Junction.
Character overlays prevent the demolition of pre-1946 homes, preserving the suburb's aesthetic but limiting modern redevelopment.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Excellent; serviced by Fairfield and Yeronga train stations plus high-frequency buses.
🛍️ Amenity & Retail
High; Woolworths, specialty grocers, and a diverse dining scene at the Junction.
🌲 Parks & Recreation
Good; access to Yeronga Memorial Park and local pocket parks.
🏫 Schools
Strong; Junction Park State School is a major drawcard for families.
🏥 Healthcare
Elite; walking distance or short drive to PA Hospital and Greenslopes Private.
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A professional and academic demographic with a high percentage of healthcare workers.
💵 Median Income
$108,000 pa
🏠 Ownership
38% owner-occupied, 58% renting
🎂 Age Profile
Median age 34
🎓 Education
52% hold a bachelor's degree or higher.
📊 Age Distribution
The high rental population and young median age drive a vibrant local economy and strong demand for apartments.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
Infrastructure is focused on transport connectivity and hospital precinct expansion.
📈 Positive Impacts
- Cross River Rail (Dutton Park station upgrade).
- Annerley Road streetscape improvements.
- Expansion of research facilities at the PA Hospital precinct.
📉 Negative Impacts
- Construction noise and traffic diversions.
- Increased density in LMR zones potentially impacting street parking.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Tarragindi
Position
South
Price
More expensive (houses)
Lifestyle
Quieter, more suburban, larger blocks.
Best for
Established families.
📍Yeronga
Position
West
Price
More expensive
Lifestyle
Riverside access, more prestigious.
Best for
High-end buyers.
📍Fairfield
Position
North-West
Price
Comparable
Lifestyle
More flood-prone but closer to the river.
Best for
Commuters and students.
📍Greenslopes
Position
East
Price
Comparable
Lifestyle
Similar hospital focus, steeper terrain.
Best for
Medical professionals.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Paddington
QLD
9/10
Character homes and hilly terrain, though Paddington is more expensive.
Marrickville
NSW
8/10
Gritty-meets-gentrified vibe with strong multicultural roots.
Brunswick
VIC
8/10
Strong transport links and a mix of heritage and new density.
Coorparoo
QLD
8/10
Inner-south location with a mix of old and new residential.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents love the convenience and character but express concerns over traffic and the rising cost of living.
★★★★★
Hospital Proximity
I walk to work at the PA Hospital in 10 minutes. The community of health workers here is fantastic.
Convenience
Community
★★★★☆
Character Homes
Bought a fixer-upper Queenslander. Hard work, but the capital growth has been amazing already.
Growth
Maintenance
★★★☆☆
Traffic Noise
Love the cafes, but the noise from Ipswich Road is constant if you live within two blocks of it.
Lifestyle
Noise
★★★★☆
Gentrification
The Junction has changed so much; it's great to see new life in the old shops.
Revitalisation
★★★★★
Schools
Junction Park State School is the reason we stayed in the area. The teachers are incredible.
Education
★★★★☆
Rental Yield
Never had a vacancy longer than a week. The demand from students and nurses is relentless.
Yield
Vacancy
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties on the 'ridges' to avoid flood and overland flow issues.
- Look for 'Character Residential' properties that have already been raised and built-in under.
- Check the proximity to the South East Busway for maximum capital growth potential.
- Be prepared for fast-moving auctions; have finance pre-approved.
- Investigate the specific school catchment boundaries as they are strictly enforced.
❓ Questions to Ask the Agent
- Does this property have a history of flooding or overland flow?
- Is the property within the Junction Park State School catchment?
- Are there any heritage or character overlays that prevent extension or demolition?
- What is the current insurance premium for this specific address?
- Has the home been tested for asbestos, given its age?
- Are there any planned developments on the adjacent lots?
- What is the split of owner-occupiers versus renters in this street?
🏷️ Seller Strategy
- Highlight any heritage features like VJ walls, breezeways, and original pine flooring.
- Provide a recent building and pest report to speed up the negotiation process.
- Emphasize proximity to the PA Hospital if targeting the medical professional demographic.
- Professional staging is essential for units to stand out in a high-supply market.
- Address any flood history transparently to build buyer trust.
📣 Positioning Tips
Position the property as a 'lifestyle and location' play, emphasizing the short commute to the CBD and the unique character of the home.
💼 Investment Case
High-yield unit or long-term capital growth house.
⚠️ Investment Risks
Over-supply of new apartments and flood-related insurance hikes.
📈 Action Plan
- Target 2-bedroom units in boutique blocks with low body corporate fees.
- Focus on the Junction Park State School catchment for houses.
- Ensure the property has adequate flood mitigation if in a low-lying area.
- Consider a minor cosmetic renovation to maximize rental return from medical staff.
🔑 Renter Tips
- Apply immediately after viewing; properties move within days.
- Highlight stable employment, especially if in the medical or education sectors.
- Check for air conditioning as many older homes lack insulation.
🏘️ What Renters Love Here
Unbeatable access to public transport and major hospitals.
⚠️ Renter Watch-Outs
Older homes can be drafty and expensive to heat/cool.
🏢 Landlord Strategy
- Allow pets to significantly increase your pool of high-quality applicants.
- Maintain gardens to preserve the 'leafy' appeal of the suburb.
- Regularly review rents to keep pace with the high demand in the 4103 postcode.
📋 Compliance & Management
Ensure all smoke alarm and electrical safety certifications are up to date, especially in older pre-war dwellings.
🤝 Agent Insights
- The market is split between 'flood-aware' locals and 'location-focused' interstate buyers.
- Renovated Queenslanders are achieving record prices for the area.
🎯 Marketing Angles
The '10-minute commute' and 'Character Charm meets Modern Convenience'.
👤 Target Buyer Profile
Young professional couples and medical specialists.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Order a Brisbane City Council FloodWise Property Report.
✓
Verify the school catchment via the QLD Department of Education map.
✓
Conduct a thorough building inspection focusing on stumps and drainage.
✓
Check the QLD Heritage Register for any specific listing status.
✓
Review the Title Search for any unusual easements or encumbrances.
✓
Assess noise levels during peak hour on Ipswich Road or Annerley Road.
✓
Confirm the zoning via the Brisbane City Plan 2014.
✓
Check for recent development applications (DAs) in the immediate vicinity.
✓
Verify the distance to the nearest high-frequency bus stop or train station.
✓
Inspect the condition of any pre-war character features for rot or termites.
✓
Review the body corporate minutes if purchasing a unit or townhouse.
✓
Confirm the availability of high-speed NBN (FTTP vs FTTN).
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
🔗 brisbane.qld.gov.au
🔗 abs.gov.au
🔗 planning.statedevelopment.qld.gov.au
🔗 resources.qld.gov.au
🔗 qfes.qld.gov.au
⚠️ Important Disclaimer
This report is for informational purposes only and does not constitute financial or legal advice. Medians and scores are based on 2026 market projections and historical data. Buyers should conduct their own independent due diligence.
