Enoggera QLD Property Investment

Brisbane · 4051 · Score: 72/100 · Buy

Median House Price
$1.60M
Rental Yield
2.4%
Vacancy Rate
1.2%
Median Weekly Rent
$745/wk
Median Unit Price
$924K
Population
5,849
Days on Market
22 days
Annual Growth
30.7%

Enoggera Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$243.85/night
Occupancy Rate
52.47%
Est. Annual Revenue
$42K
AI Investment Analysis

Enoggera QLD Investment Brief

BUY2.4% gross yield on a $1,603,258 median.

THE MARKET

Enoggera has compounded at 3.8%/yr over 5 years — a house that cost $1,330,505 in 2021 is worth $1,603,258 today. Properties are sitting on market for 22 days (sellers have the leverage). At the same growth rate, today's median reaches $1,931,925 by 2031.

  • Median house: $1,603,258 | Units: $923,787
  • Gross yield: 2.4% | Net yield: 0.9%
  • 5yr price CAGR: 3.8%/yr | 3yr forecast: 13.5%/yr
  • Population: 5,849 | Owner-occupier rate: 57% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.2% (improving) | Rental demand: Very High
  • Median weekly rent: $745/wk | Days on market: 22 (improving)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $244/night | Occupancy: 52%
  • Estimated annual STR gross: ~$46,701/yr
  • vs long-term rent: $38,740/yr (+21% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • Brisbane 2032 Olympic Games Infrastructure (Announced)
  • Cross River Rail (Brisbane) (Under Construction)
  • Transport: Gaythorne station 1.2km away

BULL CASE

If Enoggera maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,843,747 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Enoggera pull back 10-15% from $1,603,258, with vacancy rising to 2.2% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Sheldon (QLD): $1,826,105 median, 1.8% yield, 10.9% 1yr growth
  • Wishart (QLD): $1,618,366 median, 2.6% yield, 23.1% 1yr growth
  • Stafford (QLD): $1,436,918 median, 2.5% yield, 15.0% 1yr growth

THE PLAY

Enoggera presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.4% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $1,442,932$1,763,584
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.0/10
High SEIFA decile — already upgraded or established affluent area
Inner/middle ring location (6.6km to CBD) — high gentrification corridor
Mixed tenure (41% renters) — transitional suburb profile
Active development pipeline (39794 approvals) — supply attracting new residents
Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
4.4%
p.a.
2yr Forecast
4.0%
p.a.
5yr Forecast
3.5%
p.a.

Basis: 5yr CAGR 3.8% + 10yr CAGR 4.6%

Growth drivers
  • +Very tight rental market (vacancy 1.2%) — upward price pressure
  • +Active market (22 days avg)
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • High supply pipeline (39794 new approvals) — may cap price growth

Suburb Metric Thresholds

9 green4 yellow3 red
Rental Vacancy Rate
1.2 high impact
Days on Market
22 high impact
Weekly Rent (house)
745 medium impact
5yr Price CAGR
3.81 high impact
10yr Price CAGR
4.6 high impact
1yr Price Growth
30.72 medium impact
Population Growth
1.44 high impact
Median Household Income
2318 medium impact
Unemployment Rate
3.8 medium impact
Public Transport Score
30 medium impact
School Zone Quality
6.9 medium impact
Distance to CBD
6.57 medium impact
SEIFA Advantage/Disadvantage
8 medium impact
Owner Occupier Rate
56.8 medium impact
Gross Rental Yield (%)
2.42 high impact
Net Rental Yield (%)
0.92 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

7,221

2020

8,891

2021

8,353

2022

8,044

2023

7,285

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 4051

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population

29,574

Education (IEO)

10/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on Enoggera QLD data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $745/wk median rent for Enoggera. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Oakleigh SS
PrimaryGovernment
9/10
Mitchelton SHS
SecondaryGovernment
5.6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.