Greenslopes || Market Report

Just 5 km south-east of Brisbane CBD, Greenslopes remains a popular choice for buyers and tenants. With the revitalisation of nearby Stones Corner, proximity to the M1 motorway and a short trip to Brisbane CBD, Greenslopes offers a great balance of lifestyle and convenience.

If you have some time to spare and want to have some fun, be sure to visit Go Lounge and choose from hundreds of board games and casual dining. The Jam Pantry on Logan Road offers a menu based on seasonal produce, preserving, fermenting, pickling and brewing and is a great place for a quirky brunch experience.

57 properties have been sold in Greenslopes in the last quarter, and 59 new listings have been made in the last month. Buyers purchased houses in the area for between $635,000 and $1.3 million and units for between $225,000 and $760,000.

Over the past 5 years, the median sales price for houses in Greenslopes has increased by more than 32% and more than 24% for units. There is a high demand for properties in Greenslopes, with recording an average of 671 visits per property – more than double the Queensland average.

While the vacancy rate for the last quarter is 4% (higher than south-east Brisbane’s current average vacancy rate of 3%), the median weekly rental trend for houses has increased over the last quarter and remained steady for units. Over the past 12 months, tenants have paid an average of $470 per week for houses and $370 per week for units in Greenslopes.

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