Spotlight on Wilston
Beautiful Brisbane is a popular city to live in. But with roughly 200 suburbs, finding the right fit can be a challenge. Today we are shining a light on one of Brisbane’s most idyllic suburbs, Wilston. This quiet, leafy town is part of the northern suburbs. With its mixture of old and new architecture, there is something on offer for everyone.
Part of the local government area of Northwest Inner Brisbane, Wilston is approximately three kilometres from Brisbane’s CBD. However, thanks to the multitude of transport available, city life is never far away. The most desirable part of the suburb is an area north of the train line known as Wilston Hill. Its prime location means some well elevated streets offer views of the city.
Near local sporting grounds such as Downey Park and Ballymore Stadium as well as several great schools, this suburb has it all. Other amenities close by include Wilston Village, Clark Park, Grange Bowls Club and Wilston Grange Australian Football Club. With a variety of local parks and clubs, finding a team to join will be easy.
If sporting events don’t interest you, there is plenty of other entertainment on offer. The recent revamping of Kedron Brook Road has led to the rise of a popular al-fresco dining scene. This also happens to be where the main shopping district is. Head here and check out all the cafes, restaurants and join in on local life. Down the road is an even larger supermarket in the neighbouring suburb of Newmarket with brand new cinemas, restaurants and so much more.
As reported by the Australian Bureau of Statistics, currently the population of Wilston sits close to 4000 residents, with an expected population of growth of 1.6% annually. The dominant age group is 40-49 years old, usually married. Most households had a few children and 63% were occupied by the owners.
Even though majority of the residents are established couples and families, the lifestyle here is suitable for professionals, retirees and singles too. All walks of life are drawn to the area’s friendly village atmosphere, coupled with its inner-city location.
Over the last 12 months the median sale price from properties has been fluctuating either side of $1 million, with the weekly rental median at $600. Both these figures are roughly double the national average demonstrating why this is a highly sought after suburb, with growth potential that is only going to increase. This suburb has a massive demand in comparison to other areas in Queensland, with 1414 visits per property versus the state average of 383 visits – data via the industry heavyweight of realestate.com.au.
Furthermore, in the last 5 years the median house price has increased by 36.7% and 5.8% per annum over the last 10 years. If you are considering a sale and you live in Wilston, the Craig Lea Team have sold over 10 houses in Wilston over the last 12 months alone with an average sale price of $925,000 and 24 days on market. Feel free to reach out to our team and we will be happy to cover any of your property needs.