Enoggera QLD Property Investment

Brisbane · 4051 · Score: 73/100 · Buy

Median House Price
$1.54M
Rental Yield
2.5%
Vacancy Rate
1.2%
Median Weekly Rent
$750/wk
Median Unit Price
$900K
Population
5,849
Days on Market
107 days
Annual Growth
30.7%

Enoggera Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$244/night
Occupancy Rate
52.47%
Est. Annual Revenue
$42K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Enoggera QLD Investment Brief

BUY — 2.5% gross yield on a $1,540,570 median.

THE MARKET

Enoggera has compounded at 3.8%/yr over 5 years — a house that cost $1,278,482 in 2021 is worth $1,540,570 today. Properties are sitting on market for 107 days (buyers have negotiating room). At the same growth rate, today's median reaches $1,856,386 by 2031.

  • Median house: $1,540,570 | Units: $900,272
  • Gross yield: 2.5% | Net yield: 1.0%
  • 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: $750/wk | Days on market: 107 (worsening)
  • 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: $39,000/yr (+20% 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 $1,771,655 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 $1,540,570, 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

  • Birkdale (QLD): $1,384,425 median, 2.9% yield, 11.2% 1yr growth
  • Wishart (QLD): $1,554,141 median, 2.8% yield, 23.1% 1yr growth
  • Scarborough (QLD): $1,362,047 median, 2.7% yield, 26.0% 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 2.5% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $1,386,513 – $1,694,627
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 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

low confidence
1yr Forecast
3.6%
p.a.
2yr Forecast
3.3%
p.a.
5yr Forecast
2.9%
p.a.

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

Growth drivers
  • +Very tight rental market (vacancy 1.2%) — upward price pressure
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • −Slow market (107 days avg) — buyer hesitancy
  • −High supply pipeline (39794 new approvals) — may cap price growth

Suburb Metric Thresholds

8 green4 yellow4 red
Rental Vacancy Rate
1.2 high impact
Days on Market
107 high impact
Weekly Rent (house)
750 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 (%)
2.53 high impact
Net Rental Yield (%)
1.03 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

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

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: $750/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.