Suburb Profiles
Annerley (4103)
Owner-Occupier Appeal
Annerley is a character-filled inner-south suburb located about 5 km from Brisbane’s CBD. It has long been popular with professionals, young families, and downsizers due to its mix of charming Queenslanders, renovated cottages, post-war homes, and well-kept townhouses. The suburb offers a practical, walkable lifestyle with cafés, parks, and local shops spread through residential pockets. Owner-occupiers appreciate Annerley’s central location, leafy streets, and access to hospitals, universities, and major employment hubs.
The suburb has a friendly, down-to-earth feel with a subtle blend of old Brisbane charm and ongoing gentrification. Some pockets near Ipswich Road can be busy or less appealing due to traffic, noise, and mixed commercial activity, while the elevated streets closer to Tarragindi or Fairfield offer quieter, more desirable residential living. Overall, Annerley strikes a strong balance between lifestyle, affordability (relative to its neighbours), and inner-city convenience.
Investor Appeal
Annerley is a reliable and versatile investment suburb thanks to consistent rental demand from students, hospital workers, young professionals, and families. Its proximity to the CBD, PA Hospital, Greenslopes Hospital, and UQ makes it one of the more resilient rental markets in the inner south. Renovated Queenslanders and well-located townhouses perform particularly well, while units close to Ipswich Road offer affordable entry points with solid tenant demand.
The main limitation for investors is the varied quality of housing - properties near busy roads or older, cramped unit blocks can deliver weaker capital growth. Flood risk near the Brisbane River and lower Fairfield border also requires careful due diligence. When purchased well, Annerley offers strong occupancy rates and steady long-term performance.
Key Suburb Features
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Demographics
Annerley has a diverse, eclectic population made up of young professionals, students, long-standing residents, and families. The suburb’s relatively accessible pricing and strong transport connections attract a wide range of households. There’s a mix of renters and owner-occupiers, and the area has seen steady gentrification as young buyers renovate older homes and move in from more expensive inner-south locations.
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Distance to City
Annerley is approximately 5 km from the CBD. Driving usually takes 10–12 minutes off-peak and 15–25 minutes in peak-hour, depending on Ipswich Road traffic. The suburb has strong public transport access, with Fairfield and Dutton Park train stations nearby, providing quick city services (around 8–10 minutes to Central). Numerous bus routes run along Ipswich Road, making commuting straightforward. Its access to major hospitals and universities also adds to its overall convenience.
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Suburb Projects & Growth Potential
Annerley stands to benefit from broader inner-south infrastructure upgrades, including the Cross River Rail precinct at Dutton Park, improvements around the Gabba redevelopment zone, and ongoing road upgrades along Ipswich Road. Continued gentrification, infill housing, and demand from nearby employment hubs all support long-term growth. The suburb is mostly built out, so future gains will come from renovations, increased owner-occupier demand, and improving amenity, particularly around Fairfield and Annerley Junction.
Its growth profile is best described as steady, resilient, and demand-driven, rather than dependent on major new developments.
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Flood Risk
Flood exposure in Annerley varies significantly. Elevated areas near the Tarragindi and Fairfield borders are largely safe, while low-lying pockets toward the eastern edge and close to the river catchment experienced flooding in 2011 and 2022. Overland flow also occurs in some older drainage corridors. Flood mapping is essential, especially for character homes and pre-war stock on lower ground.
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Best Buy in the Suburb
House: A renovated or reno-ready Queenslander in an elevated street near the Tarragindi or Fairfield border.
Townhouse/Unit: A boutique townhouse or low-rise unit positioned away from Ipswich Road, ideally in a quiet, leafy pocket with good access to train or bus connections.
Annerley is one of the inner south’s most quietly dependable suburbs. It offers character, strong transport access, and a practical, lived-in feel that appeals to a wide range of buyers. It’s not as polished as neighbouring suburbs like Highgate Hill or Tarragindi, but that’s part of its charm - it’s authentic, diverse, and steadily improving.
For investors, it offers consistent rental demand and solid long-term prospects if you buy on the right street. For owner-occupiers, particularly families and young professionals, Annerley delivers a great balance of affordability, lifestyle, and city access. It’s a suburb that rarely dips in popularity and continues to strengthen as Brisbane grows.
