The best family suburbs in Brisbane provide excellent opportunities for investors. These neighbourhoods typically offer plenty of parks and playgrounds for kids, as well as schools with good reputations. However, you may also want to consider proximity to employment centres, entertainment and shopping centres, as well as crime rates, noise and traffic congestion.
The latest Domain Liveable Brisbane study took these factors into account when considering the best family-friendly suburbs in Brisbane. So, if you’re considering investing in real estate in Brisbane, we recommend exploring these top eight family suburbs. They naturally attract reliable and consistent tenants and enjoy steady market growth.
1. Alderley
Alderley is one of the best suburbs for families in Brisbane, thanks to its proximity to schools and parks. You’ll also find low crime rates, multiple shopping options, walking and cycling paths, and great public transport links. The cost of living in Alderley is also on par with Brisbane’s other middle-class suburbs.
Quick facts about investing in Alderley
Median house price: $890,000 (12.25% increase over last 12 months)
Median unit price: $432,250
Annual rental yield: 3.2% for houses and 4.8% for units
Number of visits per property: 1,339
Couples & families: 33.7% of residents
2. Chermside West
A relatively new suburb on the property market, Chermside West has quickly become one of the most sought-after neighbourhoods for families. The Brisbane suburb is close to reputable schools, parks and shops, including the prominent Westfield Chermside. It also has a low crime rate and an excellent range of property styles for different budgets. It’s worth noting that Chermside West was originally an Aboriginal settlement, giving it rich Indigenous history.
Quick facts about investing in Chermside West
Median house price: $660,000 (4.83% increase over last 12 months)
Annual rental yield: 3.8% for houses and 4.7% for units
Number of visits per property: 1,380
Couples & families: 52.6% of residents
3. Wilston
Wilston has secured its place at number three on this list, thanks to a crime rate lower than the national average, good public transport links and plenty of green space. It also has a prime location on the edge of the city centre and is home to small boutiques, traditional architecture and quiet, tree-lined streets.
Quick facts about investing in Wilston
Median house price: $1.3M (14.5% increase over last 12 months)
Median unit price: $425,000
Annual rental yield: 2.5% for houses and 4.5% for units
Number of visits per property: 2,513
Couples & families: 54.1% of residents
4. Kalinga
Kalinga is a favourite on the outskirts of Brisbane for its proximity to the city (less than 20 kilometres), low crime rate and the availability of houses with outdoor areas. It has a considerably low population density, so there are plenty of wide-open green spaces for kids to enjoy.
Quick facts about investing in Kalinga
Median house price: $1.1M (30.43% increase over last 12 months)
Annual rental yield: 32.6% for houses
Number of visits per property: 4,314Couples & families: 46.3% of residents
5. Corinda
Corinda rounds out the top five best family suburbs in Brisbane because of its low population density, good public transport links and proximity to the city. Corinda is an ideal Brisbane neighbourhood for those seeking a traditional suburban feel without being too far from the city centre.
Quick facts about investing in Corinda
Median house price: $900,000 (6.92% increase over last 12 months)
Median unit price: $409,500
Annual rental yield: 2.9% for houses and 5.1% for units
Number of visits per property: 1,141
Couples & families: 45.4% of residents
6. Carina Heights
Carina Heights is known for its spectacular views, fantastic amenities and access to some of Brisbane’s best primary and secondary schools. Its proximity to Carina State High School makes it perfect for families with school-age children. Carina Heights is also considered a family-friendly Brisbane suburb thanks to Westfield Carindale and the sprawling Whites Hill Reserve.
Quick facts about investing in Carina Heights
Median house price: $810,000 (15.38% increase over last 12 months)
Median unit price: $480,000
Annual rental yield: 3.2% for houses and 4.9% for units
Number of visits per property: 1,349
Couples & families: 41.3% of residents
7. Grange
The Grange is popular with families because of its low population density, family-friendly amenities and proximity to the Griffith University Campus. This suburb also has a great location; you can walk or cycle into the Brisbane city centre in less than 30 minutes.
Quick facts about investing in the Grange
Median house price: $975,000 (11.76% increase over last 24 months)
Median unit price: $565,000
Annual rental yield: 3.5% for houses and 3% for units
Number of visits per property: 2,445
Couples & families: 56.2% of residents
8. Ascot
Ascot might be listed last on our list of best suburbs for families in Brisbane, but it’s still one of Brisbane’s best property investment areas. Families flock to this neighbourhood for its welcoming community, proximity to schools and various dining and shopping hubs. Ascot’s low population density also gives it a feeling of space and tranquillity. Although you need significant capital to invest in Ascot, it’s one of the biggest returners on investment.
Quick facts about investing in Ascot
Median house price: $1.5M (3.98% increase over last 12 months)
Median unit price: $495,000
Annual rental yield: 2.6% for houses and 4.3% for units
Number of visits per property: 1,041
Couples & families: 34.1% of residents
Smarter Brisbane Property Investment with Platinum Property
The best family-friendly suburbs in Brisbane are constantly changing, with new neighbourhoods appearing every year. Take the guesswork out of investing in Brisbane property by teaming up with Platinum Property Management Group. We have the knowledge and skills to fast-track your investment goals and ensure you grow your wealth while enjoying more free time.
