Suburbs to invest in outside of inner city Brisbane

Have you been reluctant to purchase your next investment property because of the negative news around the inner city Brisbane property market? If yes, then we have some ideas for you.

Did you know that Brisbane has almost 200 suburbs! This means that there are plenty of choices when it comes to buying and investing in property around our beautiful city. Inner city Brisbane suburbs such as Fortitude Valley, Teneriffe, Newstead, South Brisbane and West End may not be doing well in the press right now, but don’t think that there aren’t great deals to be had. Particularly if you look outside of the 5km radius around the Brisbane CBD.

inner city brisbane north

Charlie’s Raw Squeeze at Everton Park (Source: Style Magazines)

To the north of inner city Brisbane –
  • Everton Park is approximately 10kms from Brisbane CBD and has become quite popular lately. It’s in close proximity to some of Brisbane’s hottest suburbs, like Ashgrove, but offers a more affordable option. There are also a number of schools and trendy retailers popping up (Charlie’s Raw Squeeze anyone?).
  • Banyo is another popular northern Brisbane suburb. Buyers seeking capital growth and/or a good yield should consider it. It’s largely industrial but nature lovers rejoice as Nudgee Beach is a stone’s throw away. And did we mention that prices are very affordable!
  • Bald Hills is an extremely accessible suburb around 22kms from Brisbane CBD. There are abundant public transport links and easy access to Gympie Road or the Gateway motorway. There are two schools and some very trendy coffee spots.
To the south of inner city Brisbane –
  • Mount Gravatt is a neat and tidy suburb with plenty of amenities including schools, Griffith University, and lots of retail and food offerings. Getting around is easy with plenty of buses running, or jump in the car and head north or south on the South East Freeway.
  • Corinda is 13km from Brisbane CBD and sits on the Brisbane River. The suburb still has a number of the traditional Queenslander style houses and boasts four schools within its borders. The train runs through the suburb and there’s easy access to the rest of Brisbane via Oxley Road. There are also two large parks for recreation and three churches for the pious.
  • Durack topped the REIQ’s list of Brisbane’s 12 highest yielding suburbs for housing investment in 2013. It’s still a good performer and is very affordable.
inner city brisbane south

Griffith University at Mt Gravatt

To the east of inner city Brisbane –
  • Home to News Corporations printing facility, Murarrie is split fairly evenly between residential and industrial property. The prices are affordable and the rent yield is good. Yield investors should add Murarrie to their watch list for future purchases.
  • Carina is mainly a residential suburb with plentiful transport links to Brisbane’s inner city, Carindale Shopping Centre and Cannon Hill Shopping Centre. There are also a number of local schools and the Clem Jones Sporting Centre. Carina was named as one of Homely’s 8 Brisbane investment hotspots to watch in 2016.
To the west of inner city Brisbane –
  • Kenmore is right next door to long-time Brisbane staple Indooroopilly but leaves behind the hustle and bustle, and expense. You’re only a quick commute from all of the shopping, cafes and restaurants that Indooroopilly provides, plus Kenmore has its own retail offerings as well. There are also lots of schools to choose from.
Further Afield –

Outside of inner city Brisbane there are lots of investment opportunities waiting to be found.

Ipswich’s house market recorded the most growth across Queensland in the March 2017 quarter^. Houses in Ipswich are generally more affordable than equivalent properties in Brisbane, presenting a great investment opportunity. The affordability factor has helped Ipswich attract first home buyers and investors alike.

Our bay side pick goes to Redcliffe. This seaside town is growing as developers continue to invest in the area and its surrounds. The lifestyle offerings and great schools make it a popular spot for families and retirees. The newly constructed rail link helps connect the area to Brisbane CBD and other areas of Brisbane.

And on the Gold Coast? Ashmore is our current pick. The unit market here is currently looking like a pretty good deal for investors as there is a high potential for strong yields. It’s affordable and there is potential for capital growth. While the median unit price has grown, yields have remained at almost 6%^! Ashmore has a lot of investment potential due to its current retail amenities and close proximity to Southport, an employment and commerce hub.

outside inner city brisbane

Ashmore (Source: Gold Coast Bulletin)

Sum up

You’ll see from our list that suburbs that are generally close to or easily accessible to the Brisbane River, Brisbane CBD, transport hubs, schools, and/or entertainment precincts are often a good bet for property investors.

As always with property investing there’s a huge number of factors to take into consideration, the most important of which is your personal situation and your investing goal. We’ve got some great articles on property investing that can help you keep informed while finding your next investment including –


You can find our latest residential property listings and commercial property listings on our website.



This article was written with reference to the below sources and was current at the time of writing. 


Brisbane Property Agency Investment
Related Posts
Suburbs to invest in outside of inner city Brisbane