Jindalee Buyers Agent’s Guide
Are you looking to purchase a home or investment property in Jindalee? As a Jindalee Buyers Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Jindalee property purchase!
Jindalee is a riverside suburb located 15km southwest of the Brisbane CBD. Jindalee is bordered by the Brisbane river to the north and west, and by the suburbs of Mount Ommaney, Sinnamon Park and Seventeen Mile Rocks to the south and east.
The population of Jindalee in 2016 was around 5,295 and continues to grow. 79.2% of households in Jindalee are owner occupied and consistent predominantly of professional couples with children.
Shops, restaurants and entertainment
There is a DFO shopping centre and homemaker centre in Jindalee. There is also a larger shopping centre in nearby Mount Ommany.
Several convenient bus services connect Jindalee with the Brisbane CBD via the centenary motorway.
Parks and Green spaces
Jindalee Park and Jindalee recreation reserve are both popular spots for weekend picnics.
Rocks Riverside Park in nearby Seventeen Mile Rocks is a free council water park great for kids and families.
Most and least desirable areas
Riverside properties are the most desirable, and most expensive, part of Jindalee.
Traffic noise can be an issue for properties close to major thoroughfares including the Centenary Highway.
Buyers should carefully check the Brisbane City Council Flood Maps, as many areas of Jindalee are susceptible to river flooding (see flood map below).
Housing type and typical block size
The vast majority (93%) of properties in Jindalee are free standing houses.
Most of the homes were built in the 1960s and 1970s and brick houses predominate. The typical block size is around 600m2.
What can my money buy in Jindalee?
The median house price in Jindalee is $587,500 which is below Brisbane’s median.
The median house price in Jindalee would typically buy a 3 bedroom, 1 bathroom house on a good sized block.
For example: 8 Yarrimbah Street Jindalee – sold for $570,000 (August 2019) (click to view listing)
How has the Jindalee property market been performing?
In the last 5 years the median house price has increased by 22.1%. Over the last 10 years, house prices have increased by 2.7% per annum
Supply and demand characteristics for Jindalee
- Average Days on Market 58 days
- On average houses are selling 4% below their list price
- Jindalee’s auction clearance rates are 25%.
- The average rental yield for houses is 4.35%.
- There is a shortage of houses currently listed for sale (1.16%).
- The rental vacancy rate for houses is 3.7%.
**Statistics are accurate for November 2019
Thinking about buying a property in Jindalee ? Our Jindalee Buyer’s Agent is more than happy to have a chat. Please contact us.
For information about other Brisbane suburbs click here