Landlords

Auchenflower

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Local Government Authority Brisbane
Location 2.5 km from CBD
Features Wesley Hospital, Auchenflower train station
Commentary Located 2.5km from Brisbane's CBD, Auchenflower continues to benefit from increasing consumer interest in inner-city properties and demand for boutique business space. As a result, Auchenflower has seen a lot of unit development, particularly along Coronation Drive and nearby streets.
Auchenflower has a strong mix of both commercial and residential property that makes it a lively inner city suburb.

With easy access to Brisbane's CBD and boutique shopping areas, such as Park Road and Toowong, the popularity of Auchenflower continues to be reflected in the capital growth of property.

The REIQ expects the Auchenflower area to continue showing strong capital growth as prime residential property becomes increasingly scarce.

The suburb features an ever-increasing number of units and some high-rise complexes along the riverfront street of Coronation Drive. It is a suburb particularly popular with young professional renters, wanting the ease of access to the City for work and entertainment.

Public transport is accessible with both train and bus available, making the trip to the CBD only a few minutes long. The new CityCat terminal in next door Toowong, as well as the upgrade of Coronation Drive, have both enhanced the popularity of the area.

The Wesley Private Hospital is located at Auchenflower - Queensland's largest private hospital facilities. The suburb also boasts sports fields and parks as well as a Catholic Church, and access to schools in neighbouring suburbs.

According to the 2006 Census there were 5,085 people living in the suburb with a median age of 29. The median individual income was $679 per week. Of all occupied private dwellings 42.9% were either fully owned or being purchased; 46.6% were being rented.

Source: REIQ