Greenslopes Short-Term Rental (Airbnb) Market
Greenslopes QLD Investment Analysis
HOLD
— 2.5% gross yield on a $1,400,000 median.
THE MARKET
Median house price in Greenslopes sits at $1,400,000 with 25 days on market and a 2.4% vacancy rate. This is a balanced market right now.
- **Median house:** $1,400,000 | **Units:** $727,753 - **Gross yield:** 2.5% | **Net yield:** 1.0% - **5yr price CAGR:** -4.5%/yr | **3yr forecast:** -5.0%/yr - **Population:** 12,924 | **Owner-occupier rate:** 27% | **Affluence:** Very High
- **Supply pipeline:** Moderate — Strong population growth likely attracting new development approvals
RENTAL SNAPSHOT
- **Vacancy:** 2.4% (worsening) | **Rental demand:** High - **Median weekly rent:** $675/wk | **Days on market:** 25 (stable) - Balanced market — vacancy manageable but monitor trend.
SHORT-TERM RENTAL
- **Median nightly rate:** $185/night | **Occupancy:** 70% - **Estimated annual STR gross:** ~$47,268/yr - **vs long-term rent:** $35,100/yr (+35% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record. - **Transport:** Well-connected inner-city location
BULL CASE
If Greenslopes maintains 3%+ annual growth and vacancy stays below 1.7%, median prices could reach $1,610,000 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Greenslopes pull back 10-15% from $1,400,000, with vacancy rising to 4.3% and rental yields softening as tenants gain leverage.
KEY RISKS
- Negative price growth suggests a softening market
COMPARABLE MARKETS
- **Albany Creek** (QLD): $1,200,000 median, 3.2% yield, 12.5% 1yr growth - **Albion** (QLD): $1,100,000 median, 3.1% yield, -13.0% 1yr growth - **Alderley** (QLD): $1,700,000 median, 2.0% yield, 21.8% 1yr growth
THE PLAY
Greenslopes offers balanced fundamentals but does not present an urgent buying signal. The market is in a trough phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $1,260,000 – $1,540,000 - Minimum gross yield to target: 4.5% - Watch signal: vacancy dropping 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.
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.