Are you looking to purchase a home or investment property in Indooroopilly? As an Indooroopilly Buyers Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Indooroopilly property purchase!
Indooroopilly is a riverside suburb located 7km south west of the Brisbane CBD. Indooroopilly is bordered by the suburbs of St Lucia, Toowong, Chapel Hill, and Kenmore.
The population of Indooroopilly in 2016 was around 12,235 and continues to grow. 51% of households in Indooroopilly are owner occupied and consistent predominantly of professional couples with children. The suburb is also very popular with students given its close proximity to the University of Queensland.
Indooroopilly Shopping Centre is one of the largest shopping precincts in Brisbane. Between the shopping centre and train station is a mix of retail, commercial and entertainment venues.
Indooroopilly is well-connected to the city by public transport with a large bus interchange at the shopping centre and a train station located nearby.
The area is highly sort after because of its excellent private and public schools including St Peters Lutheran College, Indooroopilly State School, and Indooroopilly State High School.
Riverside homes and those around St Peters Lutheran College are the most desirable, and most expensive, parts of Indooroopilly.
Traffic noise can be an issue for properties close to major thoroughfares including Moggill Rd and the Western Freeway. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially around Jerrang St) are susceptible to flooding (see flood map below).
There are a large number of apartment complexes located close to Indooroopilly shopping centre that account for the majority (58%) of properties in area.
Free standing houses are a mix of character, post-war and contemporary homes. Block sizes are typically around 600m2 with larger blocks located close to the river and golf course.
The median house price in Indooroopilly is $1,294,000 which is well above Brisbane’s median.
The median house price in Indooroopilly would typically buy a 4 bedroom, 2 bathroom house on a 405m2 block. For example: 1 Isles Road Indooroopilly Qld 4068 – sold for $1,200,000 in May 2021 (click to view listing and see images below).
The median unit price in Indooroopilly is: $480,000.
This amount would typically buy a 2 bedroom, 2 bathroom, unit in an high-rise style complex. For example: 6/27 Station Road, Indooroopilly, Qld 4068 – sold for $475,000 in Dec 2021 (click to view listing and see images below)
In the last 5 years the median house price has increased by 50.6%. Over the last 10 years, house prices have increased by 5.5% per annum.
Units in Indooroopilly have seen more modest price growth. In the last 5 years the median price of units has fallen by 4.9%. On average, over the last 10 years unit prices have increased by 0.8% per annum.
**Statistics are accurate for December 2021
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