Hi Muney,
mate can't help you too much on that side of the ditch - i know where Annerley is, I have driven through it a few times, but that is about it.
As far as I am aware it is a fairly nice area, but there will be folks here that are far more qualified to answer your local knowledge type questions.
As for why it is cheaper that Yeronga/Fairfield?? the only thing I can think of is that both of those suburbs have river front properties whereas Annerley is the next suburb inland - hence there will be riverfront properties dragging the median price up. Again though, there are others here who may be able to shed better light on it!
here is the medians for Annerley:
ANNERLEY
Year___Period_____Volume_____# of Sales___Median Sale
2006_____Jan_____ $4,490,000 _____11_____ $385,000
2006_____Feb_____ $3,700,000 _____10_____ $365,000
2006_____Mar_____ $3,780,932 _____11_____ $355,000
2006_____Apr_____ $5,106,500 _____12_____ $396,250
2006_____May_____ $5,361,000 _____14_____ $364,000
2006_____Jun_____ $8,617,550 _____21_____ $387,000
2006_____Jul_____ $4,041,000 _____11_____ $407,500
2006_____Aug_____ $2,605,000 _____6_____ $437,500
2006_____Sep_____ $6,586,000 _____16_____ $414,000
2006_____Oct_____ $4,462,650 _____9_____ $420,000
2006_____Nov_____ $6,123,500 _____14_____ $440,000
2006_____Dec_____ $3,515,000 _____8_____ $430,000
2007_____Jan_____ $3,965,650 _____8_____ $496,000
2007_____Feb_____ $6,143,500 _____12_____ $453,000
2007_____Mar____ $11,979,000 _____23_____ $486,000
2007_____Apr_____ $8,527,000 _____18_____ $437,750
2007_____May____ $7,433,004 _____15_____ $503,000
2007_____Jun_____ $8,192,000 _____17_____ $492,000
2007_____Jul_____ $11,867,100 _____23_____ $510,000
2007_____Aug_____ $6,184,500 _____12_____ $537,500
2007_____Sep_____ $8,978,060 _____16_____ $518,380
2007_____Oct_____ $6,015,000 _____11_____ $574,500
2007_____Nov_____ $9,031,380 _____15_____ $585,000
2007_____Dec_____ $8,141,000 _____13_____ $600,000
2008_____Jan_____ $8,604,641 _____15_____ $513,000
2008_____Feb_____ $7,521,120 _____12_____ $560,000
2008_____Mar_____ $5,990,000 _____9_____ $570,000
2008_____Apr_____ $4,168,419 _____7_____ $585,000
2008_____May_____ $4,227,500 _____8_____ $506,250
2008_____Jun_____ $7,562,000 _____12_____ $692,000
2008_____Jul______ $4,558,000 _____9_____ $491,000
2008_____Aug_____ $2,395,000 _____5_____ $470,000
2008_____Sep____ $10,261,000 _____17_____ $570,000
2008_____Oct_____ $7,652,000 _____14_____ $517,500
2008_____Nov_____ $3,864,500 _____6_____ $603,500
2008_____Dec_____ $1,520,000 _____3_____ $500,000
Hope this helps some. I have nothing on the go right at this second building wise, but I may give you a holler when i do and see what you can do for me. There is another thread on here from BenQld who is looking for a builder at Tarragindi...that is just around the corner a bit!
cheers
UC