Are you looking to purchase a home or investment property in McDowall? As a McDowallBuyers Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your McDowallproperty purchase!
McDowallis a leafy, family friendly suburb located 12km north of the Brisbane CBD. The suburb is highly sort after by tenants and home buyers because of its excellent primary school catchment. (McDowall State School is one of the highest ranked schools in the city).
The population of McDowallin 2016 was around 7,228 and continues to grow. 78% of households in McDowallare owner occupied and consistent predominantly of professional couples (aged 40-49) with children.
McDowall’s main shopping and cafe precinct is located on the corner of Beckett Road and Hamilton Road.
Residents enjoy walking and picnicking in the Chermside Hills Reserve which is located in the north eastern corner of McDowall.
The vast majority (84%) of properties in McDowallare free standing houses. Most houses are single or double storey brick and were built in the 1980s and 1990s. A typical block size for this type of home is 600m2.
The median house price in McDowall is $669,500 which is around Brisbane’s median.
The median house price in McDowallwould typically buy a 3 bedroom, 2 bathroom house on a 600m2 block.
For example: 62 Raven Street McDowall – sold for $670,000 in January 2019 (click to view listing)
The median unit price inMcDowallis: $390,500
This amount would typically buy a 3 bedroom, 2 bathroom townhouse in a 1990s built complex.
For example: 18/960 Hamilton Road McDowall – sold for $390,000 in March 2019 (click to view listing)
In the last 5 years the median house price has increased by 19.5%. Over the last 10 years, house prices have increased by 3.2% per annum.
Units in McDowallhave seen more modest price growth. In the last 5 years the median price of units has decreased by 4.8%. On average, over the last 10 years unit prices have increased by 0.2% per annum.
**Statistics are accurate for June 2019
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