Are you looking to purchase a home or investment property in Wilston? As a Wilston Buyer’s Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Wilston property purchase!
Wilston is a quiet, leafy inner city suburb located 3.4km north of the Brisbane CBD. Wilston is known for its character homes and cafe culture. The suburbs of Herston, Kelvin Grove, Newmarket, Alderley, Grange, Lutwyche and Windsor border Wilston.
The population of Wilston in 2011 was around 3,866 and continues to grow. 63% of households in Wilston are owner occupied and consist predominantly of professional couples with children.
Wilston Village, the suburb’s main shopping and cafe precinct, is located in Kedron Brook Road. A larger supermarket is only a few minutes’ drive away in neighbouring Newmarket.
Wilston train station is centrally located within walking distance from most areas of Wilston. Trains provide quick and convenient access to the Brisbane CBD.
The area is home to a number of great private and public schools including St Columba’s Primary School and Wilston State School.
There are several parks, sports grounds and green spaces along Enoggera Creek in the southern part of the suburb. Wilston is also close to the Kedron Brook Bikeway located north of the suburb providing many kilometres of bicycle and walking paths. A very popular dog off-leash area is also located along Kedron Brook.
Enoggera Creek Bikeway is used by many local residents to commute to the city.
Most residents commute to the Brisbane CBD for work.
An area known as Wilston Hill (located north of the train line) is the most desirable part of Wilston. Homes in this area have elevated suburban and city views.
Traffic noise can be an issue for properties close to major thoroughfares including Newmarket Road and Kedron Brook Road. Buyers should check the Brisbane City Council Flood Maps, as some areas (particularly south of the train line and closest to Enoggera Creek) are susceptible to flooding.
The vast majority (67%) of properties in Wilston are free standing houses.
The suburb is particularly well known for its character cottages built in the 1930s. A typical block size for this type of home is 600m2, very generous considering the suburb’s proximity to the Brisbane CBD.
The median house price in Wilston is $1,200,000, which is well above Brisbane’s median.
The median house price in Wilston would typically buy a 4 bedroom, 2 bathroom character home on a 405m2 block. For example: 61 Main Avenue, Wilston – sold $1,110,000 (March 2017) Click to view listing.
The median unit price inWilstonis:$420,800
This amount would typically buy a 2 bedroom, 2 bathroom, 1 garage unit in an older style complex in fair condition. For example: 4/9 Kedron Brook Road, Wilston – sold for $405,000 (March 2017) Click to view listing
In the last 5 years the median house price has increased by 36.7%. Over the last 10 years, house prices have increased by 5.8% per annum.
The units market in Wilston has not performed well in recent years. In the last 5 years the median price of units has decreased by 15.8%. On average, over the last 10 years unit prices have increased by 2.8% per annum.
**Statistics are accurate for July 2017
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