Property management in Indooroopilly
Your suburb profile by Running Property
The leafy and relaxed suburb of Indooroopilly (4068) is a popular suburb in Brisbane’s west, and home to a population of over 11,000 people.
The name Indooroopilly is thought to come from the local Aboriginal word for ‘gully of running water’. Ideally situated close to the University of Queensland in St Lucia and just 7 kilometres from the Brisbane CBD, it’s easy to see why Indooroopilly is popular with both working families and students.
A popular local attraction is the Indooroopilly Shopping Centre, the largest shopping centre in Brisbane’s west and home to cinemas, cafes, restaurants, and many speciality stores. With many public transport options including buses, trains, and City Cats, Indooroopilly is an ideal suburb for workers commuting into Brisbane city.
Data from realestate.com.au shows that the median Indooroopilly house price was $845K in 2016, with the median unit price being $499K. For investment property owners, Indooroopilly offers a median rent for houses of $515 per week, and the median rent for units $450 per week. There is high rental demand for both houses and units in the suburb.
For expert advice on attracting the best quality tenants for your Indooroopilly investment property, talk to the expert Running Property team. Our property managers have the local knowledge that can make all the difference to your rental return.
If you’d like a rental appraisal for your Indooroopilly investment property, fill out the contact form here or call Running Property on 07 3392 1544 today.