Wilston
Real estate profile
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Location
3 km north of the Brisbane CBD.
Features
Wilston rail station, close to Ballymore Park, charming older-style homes Charming older-style homes.
Median Price
REIQ research shows that the median house price in the suburb for the calendar year 2006 was $564,000.
Median Weekly Rent
The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $340. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $255.
Profile
Located approximately three kilometres from the Brisbane CBD, Wilston is a mixture of the old and the new, from workers’ cottages to modern architect-designed homes on Wilston Hill.
Besides being home to Premier Peter Beattie, Wilston is also home to many other professionals, including many medical professionals, due to its inner city location, proximity to the Royal Brisbane Hospital and the breathtaking views of the city that are available from more elevated streets.
In recent years, the area has been transformed by the revamping of Kedron Brook Road, an early pre-cursor to the City Council’s massive urban renewal process that was to roll out across much of inner Brisbane. This has seen a vibrant hub of al-fresco dining evolve, which in turn has increased the popularity of the area and thus also led to significant price growth in recent years.
Local stores in the area are supplemented by larger centres at Lutwyche Shopping Centre and slightly further away at Stafford and Brookside.
Residents are also well serviced by public transport (Wilston train station and regular bus routes) and leisure parks and walkways running alongside Enoggera Creek. The area is also close to local sporting grounds such as Downey Park and Ballymore.
According to the 2006 Census there were 3,656 people living in the suburb with a median age of 34. The median individual income was $688 per week. Of all occupied private dwellings 60.6% were either fully owned or being purchased; 35.5% 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.



