Windsor Buyers’ Agent’s Guide
Are you looking to purchase a home or investment property in Windsor? As a Windsor Buyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Windsor property purchase!
The population of Windsor in 2016 was around 7,005 and continues to grow. 44.1% of households in Windsor are owner occupied and consistent predominantly of childless professional couples (20-29 years old).
Shops, restaurants and entertainment
Windsor’s main shopping and café precinct is located along Lutwyche Road.
Windsor train station is located in the centre of the suburb and the train journey to Brisbane CBD takes only 10 minutes.
The area is home to a number of great private and public schools including St Columba’s Primary School, St Mary of the Cross School, St Margaret’s Anglican Girls School, Brisbane Grammar School, Holy Cross School, Windsor State School, and Wilston State School.
Parks and Green spaces
There are several parks and green spaces in Windsor, including Downey Park in the southern part of the suburb on Enoggera Creek, Windsor Park and Eildon Hill Reserve.
Most residents commute to the Brisbane CBD for work. The Royal Brisbane and Women’s Hospital is also a major employer in the area.
Most and least desirable areas
Traffic noise can be an issue for properties close to major thoroughfares including Lutwyche Road and Maygar Street. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially streets close to Enoggera Creek) are susceptible to flooding.
Housing type and typical block size
Almost half (44%) of properties in Windsor are free standing houses.
The suburb is particularly well known for its Queenslander style houses. These timber character homes were built in the late 1800s and early 1900s. A typical block size for this type of home is 600m2.
What can my money buy in Windsor?
The median house price in Windsor is $985,500 which is well above Brisbane’s median.
The median house price in Windsor would typically buy a 4 bedroom, 3 bathroom house on a 405m2 block. For example: 6 Bank Street Windsor – sold for $1,085,000 in March 2020 (click to view listing and see images below).
The median unit price in Windsor is: $398,000.
This amount would typically buy a 2 bedroom, 2 bathroom, 1 garage unit in a complex built in the 1990s but in a very good condition. For example: 5/20 Blackmore Street Windsor – sold for $400,000 in March 2020 (click to view listing and see images below).
How has the Windsor property market been performing?
In the last 5 years the median house price has increased by 40.2%. Over the last 10 years, house prices have increased by 4% per annum.
Conversely, the median price of units has decreased by 17% in the last 5 years. Units are now selling at similar prices as they did 10 years ago.
Supply and demand characteristics for Windsor
- Average Days on Market: Houses 43 days. Units: 54 days.
- Houses are selling close to their list price. Units typically sell 6% below their list price.
- Windsor’s auction clearance rates are 45% for houses, and 0% for units.
- The average rental yield for houses is 2.96%, compared to 5.01% for units.
- There is a shortage of houses (0.99%) and units (1.4%) currently listed for sale.
- The rental vacancy rate for houses is 2.96%, compared to units 1.86%.
**Statistics are accurate for June 2020
Thinking about buying a property in Windsor? Our Windsor Buyers’ Agent is more than happy to have a chat. Please contact us.
For information about other Brisbane suburbs click here.