West End

Distance to CBD: 3KM | Postcode: 4101
Population:
6206
Median Age:
34
Median household income:
$976 / week
Homes fully owned or being purchased:
36.1%
Homes being rented:
54.7%
Dwelling structure - houses:
43.9%
Dwelling structure - units/townhouses:
55.4%

Similar suburbs (median price)


Properties for sale

Houses Units/Townhouses
Median price*
$835,000 $537,250
Price difference - 1 year 12.2% 3.6%
Price difference - 5 years 59.8% 101.2%
* median price 12 months to end of September 2010
Properties for rent

3 Bedroom House 2 Bedroom Unit
Median weekly rent: Jan-Mar 2009 $470 $450
Median weekly rent: Jan-Mar 2008
$420 $390
Price difference - 1 years
11.9% 15.4%
Gross rental yield N/A 5.5%

Notes on data provided

  • SALES DATA: # All figures are preliminary based upon sales records available as at 29 November 2010 and are subject to further revision. "The calculations of percentage change in median prices compare preliminary estimates in the current period with preliminary estimates in the previous period where sufficient sales are recorded. ^ Denotes acreage sales - on land size greater than 2,400m2. All other house and land sale statistics are based on land size less than 2,400m². Unit and townhouse data includes sales of all building units and group titled properties. N/A No preliminary estimate available due to insufficient sales numbers. ~ Medians affected by varying quality of stock sold. * Medians affected by varying quantities of new properties sold. f Medians affected by varying numbers of waterfront properties sold

  • GROSS RENTAL YIELDS: Weighted average median for each postcode calculated from suburbs that recorded a median for the September quarter 2010; house yield based on median weekly rent for three-bedroom houses, source: Residential Tenancies Authority; unit yield based on median weekly rent for two-bedroom flats, source: Residential Tenancies Authority

  • RENTAL DATA: All rental data is collated by postcode. For more information go to www.rta.qld.gov.au N/A Not Available (the number of new bonds lodged was too small to provide a reliable estimate). Source: Residential Tenancies Authority, rental bond lodgments

  • SOURCE: REIQ. Data made available by Department of Natural Resources and Water, (QVAS), via RP Data and PDS Live. This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The REIQ does not allow this information to be used for advertising or marketing purposes. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy Division, REIQ.

woman reading at Wet End's The Gun Shop Cafe Find your place at West End's Gun Shop Cafe.

West End Suburb Profile

Developers are zoning in on West End as property prices continue to boom. The vibrant atmosphere in West End continues to attract buyers.

Location

West End is only 3km from Brisbane's CBD, making it extremely popular with young professionals and couples looking for lifestyle close to the city's amenities. As with other capital cities, property values close to the CBD have increased dramatically. And that's certainly the case with West End.

Bounded by Highgate Hill to the east and South Brisbane to the northeast, West End is situated alongside the Brisbane River.

Community Vibe

West End is an eclectic and dynamic suburb. It was once a working class area, with a number of factories located along the river and Montague Road. As these factories began to shut down the suburb increasingly became home to university students, alternative types and international migrants due to its affordable housing and rents, and its proximity to the CBD.

"The suburb has recently seen extensive unit development, hoping to capitalise on the strong rental market," REIQ managing director Dan Molloy said.

"In the past 10 years, West End has developed into a lively area for nightlife. The main street precinct rejuvenation has attracted an array of multicultural restaurants and coffee houses. It has become a popular alternative nightspot for people all over Brisbane.

"It is expected West End will see strong growth in median house prices as buyers continue to purchase property close to the city."

Lifestyle

Centred on Boundary Road, on the southern side of the river, bohemian West End has many ethnic restaurants, some interesting bookshops and multicultural food shops. This new mix of residents has created a community vibe that is unmatched anywhere else in Brisbane. The West End market is a weekend highlight for locals and visitors alike.

Small restaurants, cafes, coffee houses, shops, bars and bakeries have evolved along Boundary Street, and have added to the vibrant high street atmosphere, day and night, over the years.

Infrastructure

West End will also benefit from the proposed Brisbane $14 billion underground rail network with variations including possible underground rail stations at Park Road, Woolloongabba, Brisbane's CBD, West End, South Bank, Spring Hill and Newstead to cope with 80,000 peak hour commuters by 2016.

By 2026, it is expected the number of peak hour commuters will jump from 60,000 to about 130,000 with commuters possibly going underground from Toowong through West End to South Brisbane near the Performing Arts Complex before alighting at a new underground station in central Brisbane.

Property Development

As urban renewal projects in areas such as Newstead and New Farm begin to wind down, the Council and developers are increasingly looking towards the old industrial areas of West End to help house the future growth of Brisbane. This has been progressing slowly in recent years down by the river and in the areas between Boundary Street and the Convention Centre.

New developments in these former industrial areas have experienced a significant number of sales over the past year. These have included three sales between about $550,000 and $650,000, and two for more than $700,000 in the new Tempo development on Donkin Street; and nine $1 million-plus sales in the Koko development in Pidgeon Close.

It is hoped the urban renewal program will improve the area without detracting from the eclectic vibe that so many residents of West End and Brisbane value.

Living by the river

Bulimba, St Lucia and New Farm each have the Brisbane River wrapping around them, and each is known for its strong local identity, high street cafes and proud local communities. In this same way West End's 'containment' on its sprawling peninsula has fashioned a sought-after neighbourhood. Buyers and tenants alike seek out its distinctive lifestyle... Read the full West End - Living by the Brisbane River article.

Want advice on buying, selling or renting property in Queensland? Ask a source you can trust.

West End photos

West End events

West End Markets

The West End Markets are held every Saturday from 6am - 2pm at the beautiful Davies Park, which sits alongside the Brisbane River.… more

Dates Every Saturday
Venue Davies Park, Cnr Montague Rd & Jane St, West End
More like this:

Marky Markets

All things vintage. All things handmade. MARKY MARKETS is taking over West End’s Vinyl (out front of The Hi-Fi) every third Sunday of the month to … more

Dates Third Sunday of the month
Venue Vinyl, The Hi-Fi, 125 Boundary St, West End
More like this:

Two for one main meals at Archive

Get two main meals for the price of one at Archive on Wednesday from 11:30am – 3pm and from 5pm until close. The cheapest meal will be deducted from … more

Dates Every Wednesday
Venue 100 Boundary St, West End

Wellbeing walk and relaxation

Combine a walk along the river with relaxation and meditation in the park to feel revived and energised. Finish with a soothing cup of tea. … more

Dates Thu 24 March 2011 - Thu 14 April 2011
Venue Aunty Jane's Office, Next to West End Library, 170 Boundary St, West End

Wellbeing walk and relaxation

Combine a walk along the river with relaxation and meditation in the park to feel revived and energised. Finish with a soothing cup of tea and Chinese… more

Dates Thu 24 March 2011 - Thu 14 April 2011
Venue Aunty Jane's Office, Next to West End Library, 170 Boundary St, West End

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