Aspley - Qld

[digs75]

Wondering what people who live or are tracking the Qld property market think of Aspley as a good investment area.

Only 12km north of Brisbane, close to schools, beaches, shops and has had some good growth the past couple of years in a slow market.

Let me know your educated thoughts here....

 

[Andrew_A]

Wondering what people who live or are tracking the Qld property market think of Aspley as a good investment area.

Only 12km north of Brisbane, close to schools, beaches, shops and has had some good growth the past couple of years in a slow market.

Let me know your educated thoughts here....

I think there's a lot to like about all the suburbs around Chermside, which is a principal activity centre in the regional plan. Depends very much on specifics of what you are looking for, budget and so forth.

There's a lot of shopping on Gympie road, though we always prefer to go to the Westfield at Chermside, I personally wouldn't mind living within walking distance of that Westfield based on how much time we spend there! I wonder what will happen to the Aspley Hypermarket, seems to be a white elephant these days and taking up a very large slice of well positioned land.

 

[WinstonWolfe]

What are you basing the good growth impression on digs?
Median growth figures show it has underperformed nearby suburbs, probably because it came off a high base and any new development is of infill townhouse developments.

Nevetheless, it is a reasonably popular burb for young middle to upper middle families...though it seems some rough renters have infiltrated in the last 15 years, according to friends in the police.

Some specifics.
- homes are primarily 1960s vintage and newer, and blocks are primarily 600-700s. (this is what appeals to families)
- well serviced by infrastructure, apart from train.
- easy access to Sunshine Coast
- Aspley East state school does well on naplan, aspley state, less so. Aspley State high underperforms.
- close to Nudgee College and St Pauls Schools.
- close to Chermside Westfield.

 

[digs75]

thanks for the input here guys...i'm just starting to trawl the Brisbane market and interested to hear from people who know the area quite well. Next step a Residex report i think