All About Drewvale, Brisbane, QLD, 4116

Drewvale, a suburb located in the southern part of Brisbane, Queensland, offers a unique perspective on the housing market characterized by its family-friendly appeal and steady growth. Over recent years, Drewvale has witnessed a consistent demand for housing, largely due to its attractive suburban environment combined with convenient access to the bustling Brisbane city center. The area predominantly features modern homes and well-planned estates, catering to families and professionals who seek a blend of suburban tranquility and city accessibility. Property prices in Drewvale have remained relatively stable with moderate growth, reflecting both its desirability and the broader trends in Brisbane's southern suburbs. This stability, paired with the quality of life it offers, makes Drewvale a sought-after location for potential buyers and investors looking for long-term opportunities within the Brisbane housing market.

Living in Drewvale provides residents with the perks of suburban life, dotted with spacious parks, reliable public transportation, and a strong sense of community. The suburb is praised for its peaceful environment, making it an ideal spot for families and individuals who value safety and serenity. Local amenities, including schools, shopping centers like the nearby Grand Plaza, and a variety of dining options, contribute to Drewvale’s appeal, ensuring that residents have access to all essential services without needing to venture far from home. The presence of natural reserves and parklands offers abundant recreational opportunities, promoting a lifestyle that balances work and leisure. Drewvale’s communal atmosphere is evident in local events and neighborhood activities that foster connectivity among residents, nurturing a close-knit community feel.

Drewvale Real Estate Market Outlook

Thinking about buying in Drewvale? Now could not be a better time, with 1686 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,022,000 with prices in this suburb ranging from $372,000 to $3,067,000. The aproximate distance to the coast is 21 Km.

Consistent high demand relative to supply is a key feature in Drewvale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Drewvale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Drewvale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Drewvale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!