Kedron

Real estate profile

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Location

8km north of Brisbane CBD.

Features

Mercer Park, regular bus services.

Median Price

REIQ research shows that the median house price in the suburb for the calendar year 2006 was $354,500.

Median Weekly Rent

The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $320. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $260.

Profile

Kedron is 8km from the Brisbane CBD and is a family-oriented suburb offering numerous schools and recreational activities.

Newcomers to the area will find that walk and bike ways are available in and around the many picnic and barbeque spots in Mercer Park. The Scout Association is also active in the Kedron area.

For residents looking for more modern entertainment, Stafford City Shopping Centre and Westfield Shoppingtown Chermside offer two of the newest cinema complexes built on the north side of Brisbane along with game arcades, and in Westfield Chermside’s case, Ten Pin Bowling lanes.

The local shopping centres provide residents with all the major retailers, and are supplemented by Brookside Shopping Centre and Lutwyche Shopping Village a few kilometres further away.

Accommodating both Primary and Secondary school aged children are Kedron High School, Padua College, Mt Alvernia College, and in neighbouring suburbs, Wavell High School, Somerset Primary School, Stafford Heights and Stafford Primary Schools.

Regular and varied bus routes are the strength of the public transport around Kedron. Enoggera and Alderley rail stations are 10 minutes drive and Wooloowin Station is a 15 minute walk away from most parts of Kedron.

Its proximity to the City and excellent local facilities has made Kedron a popular choice resulting in an increase in demand for housing in the area over the last year. With no new developments on the plan, price growth in Kedron is expected to remain consistent.

According to the 2006 Census there were 8,118 people living in the suburb with a median age of 35. The median individual income was $569 per week. Of all occupied private dwellings 56.3% were either fully owned or being purchased; 37.8% were being rented.

Source: REIQ

REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.

This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.