Arnold
CibbuanoIndooroopilly
November 13th 2006 00:45
Indooroopilly in Brisbane is the feature community profile for today’s “Better Know a Suburb.” Indooroopilly is fast becoming the shopping and social mecca of Brisbane. The suburb's central position, thriving commercial, office and retail sector, and proximity to the CBD and University of Queensland have promoted a recent surge in population and supported new residential unit developments.
Indooroopilly, QLD (postcode: 4068)
Property Price Results for the last 12 months:
Houses:
Median Price $534,250
Change: 10.1%
Apartments:
Median Price $339,000
Change: 9.8%
Statistics:
Local population: 19,193
Australian born: 75%
Greatest age demographic: 20-39 years (38%)
Typical resident: Single (never married), of Catholic denomination, living in a free-standing house, employed as a business professional in rented accommodation.
Popular with many Brisbane professionals, as well as a strong element of university students from nearby University of Queensland (UQ), this riverside suburb has recorded significant gain in house prices, especially over the last three years.
Further investor interest is expected in the short to medium term with the completion of a number of new unit developments close to the rail station.
As the student population from nearby University of Queensland grows, further commercial and retail activity is also expected to increase.
As well as being a popular area for student tenants, the suburb is increasingly becoming a hub for young city commuters.
Indooroopilly residents enjoy extensive community facilities including Gandel's Indooroopilly Shoppingtown (formerly Westfield's), Citytrain services and a bus interchange. Moviegoers are well catered for with the newly renovated art deco Eldorado Cinema Complex and Megaplex at Indooroopilly Shoppingtown.
Indooroopilly, QLD (postcode: 4068)
Property Price Results for the last 12 months:
Houses:
Median Price $534,250
Change: 10.1%
Apartments:
Median Price $339,000
Change: 9.8%
Statistics:
Local population: 19,193
Australian born: 75%
Greatest age demographic: 20-39 years (38%)
Typical resident: Single (never married), of Catholic denomination, living in a free-standing house, employed as a business professional in rented accommodation.
Popular with many Brisbane professionals, as well as a strong element of university students from nearby University of Queensland (UQ), this riverside suburb has recorded significant gain in house prices, especially over the last three years.
Further investor interest is expected in the short to medium term with the completion of a number of new unit developments close to the rail station.
As the student population from nearby University of Queensland grows, further commercial and retail activity is also expected to increase.
As well as being a popular area for student tenants, the suburb is increasingly becoming a hub for young city commuters.
Indooroopilly residents enjoy extensive community facilities including Gandel's Indooroopilly Shoppingtown (formerly Westfield's), Citytrain services and a bus interchange. Moviegoers are well catered for with the newly renovated art deco Eldorado Cinema Complex and Megaplex at Indooroopilly Shoppingtown.
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