Seventeen Mile Rocks
Real estate profile
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Location
14 km south-west of the Brisbane CBD.
Features
Proximity to surrounding facilities such as Jindalee Home Base Centre and Mt Ommaney Shopping Centre.
Median Price
REIQ research shows that the median house price in the suburb for the calendar year 2006 was $450,000.
Median Weekly Rent
The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $310. The median weekly rent paid for a 2-bedroom unit in this area for the same period was not available.
Profile
Part of this suburb consists of newly developed housing estates and other parts are older with housing styles from the 1970s.
The suburb is located in the Centenary area, 14 kilometres southwest of the Brisbane CBD.
According to Real Estate Institute of Queensland research Seventeen Mile Rocks has grown strongly during the 1990s with the number of houses in the suburb more than doubling since 1991.
Although the majority of residents live in owner-occupied housing there is a developing rental market with approximately one in every four residential dwellings available for rent.
The CityXpress bus and the Centenary Highway service the area. There are several schools in the area including a secondary college located in nearby Oxley.
The district has many recreational facilities include two golf courses: the Jindalee Golf Course and McLeod Country Golf Course. A city council library is located at nearby Mt Ommaney.
Retail facilities in the region are extensive and include Christies Home Base at Jindalee and the Mt Ommaney Centre at Mt Ommaney, which has 110 retail outlets including a Kmart, Big W, Coles and Woolworths supermarkets.
The riverside development of Windermere in nearby Sinnamon Park has seen further exclusive residential development and will secure the future reputation of the area.
There is also extensive light and semi industrial and commercial development in this suburb and this has been enhanced lately with an innovative new industrial park being undertaken in the suburb.
According to the 2006 Census there were 2,899 people living in the suburb with a median age of 33. The median individual income was $735 per week. Of all occupied private dwellings 76.6% were either fully owned or being purchased; 20.2% 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.



