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Yeronga

Real estate profile

Location

5 km south of the Brisbane CBD.

Features

Yeronga rail station, close to PA Hospital, Brisbane River frontage.

Median Price

REIQ research shows that the median house price in the suburb for the calendar year 2006 was $485,000.

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 $260.

Profile

Due to its close proximity to the Brisbane CBD and its position alongside the Brisbane River, Yeronga has experienced very strong capital growth in property in the last five years.

About five kilometres from Brisbane’s CBD, Yeronga was one of the last riverside suburbs to receive a makeover and catch up with similar suburbs in terms of property prices.

Yeronga is ideally situated and likely to attract buyers who want to secure attractive riverfront property. It is an area that is popular with families and professionals working in the CBD.

Yeronga also has easy access to major arterial roads, schools, shops and other infrastructure so necessary for family and professional living.

Yeronga is well located to many public and private amenities. The closest hospital is the Princess Alexandra Hospital (approximately five minutes.) The suburb has two primary schools and one high school in the area. It is also close to the University of Queensland across the river at St Lucia – there is a ferry and City Cat service from nearby Dutton Park.

Major shopping is at Fairfield Garden Shopping Centre and street shopping is also available at Yeronga. Being near West End gives the suburb a convenient restaurant area close by.

There are plenty of parklands, bikeways and access to the river at the Yeronga rowing club.

A train station is located in the suburb and plenty of bus routes heading to the university and the City are available to residents.

The ratio of houses to units is about 60 per cent to 40 per cent. There is no commercial development in the area – Yeronga is essentially a quiet leafy residential suburb.

According to the 2006 Census there were 5,354 people living in the suburb with a median age of 35. The median individual income was $627 per week. Of all occupied private dwellings 57.4% were either fully owned or being purchased; 37.7% 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.

More Yeronga information

History

Learn about the Aboriginal history, urban development, notable residents and landmarks of the area.

Pocket Neighbourhood Guide

Your neighbourhood at a glance. Discover the secrets of the local area... as well as what makes it special.