Kenmore property market analysis
Kenmore is a leafy inner-west Brisbane suburb, located just 11km from the CBD. It’s growing in popularity, and it’s no surprise why. With gorgeous green spaces and accessibility to shops and schools making everyday life a breeze, Kenmore unifies the urban and the suburban.
Known for its natural beauty and proximity to the city, both young professional families and downsizing retirees are increasingly choosing to make Kenmore, Brisbane their home.
As one of the few places where homeowners can spend less of their annual income on mortgage repayments, 80% of residents can afford to live in the houses they own, rather than renting out. In the face of low supply caused by high demand, the area still boasts some of the most sought-after, best value homes in Brisbane.
Read on to find out more about Kenmore, and why purchasing in this area will tick every box for your ‘buying a house in Brisbane’ checklist.
A suburb that’s on track for growth
A stone’s throw from the city, this popular suburb has seen massive growth over the last 5 years. Brisbane’s housing market is outperforming all other Australian capitals, and suburbs like Kenmore and surrounds are the reason why.
Kenmore has seen a 19.5% increase in house prices over the course of a year, with neighbouring suburb Fig Tree Pocket representing the highest price growth of anywhere in Brisbane at a 36% increase. This shows the popularity of the area, and demand is only expected to continue. With interstate and overseas migration set to increase to SEQ over the coming year, we expect this trend to continue.
Demand for properties is growing
As more people make the transition to a hybrid catchment that offers the benefits of nature and serenity without isolation, demand for Kenmore properties is growing. Kenmore market demand sits at 1,407 visits per property, dwarfing the Queensland average of 735 per property.
Townhouses for sale in Brisbane are quickly being snapped up, with home buyers being drawn to the modern appeal of a well-designed, low maintenance dwelling. But as this demand increases, would-be Kenmore townhouse owners are urged to make their move sooner rather than later. Due to restrictions of the Brisbane Planning Scheme, the supply of future townhouses within Kenmore could be limited. This increases the value of existing dwellings, so the purchase of a townhouse now could provide massive gains moving forward.
Treetops at Kenmore currently has 96 contemporary residences in development to keep supply up with demand and provide people with the perfect home.
Property values are on the rise
Kenmore property growth is steadily rising, with Kenmore properties for sale not lasting long on the market. Over a 12-month period in Kenmore, there were 195 houses sold, and these properties were on the market for an average of 39 days (Property Market Updates).
What is the average house price in Brisbane compared to Kenmore? As of February, the average house price in Brisbane $738,000, versus an average of $930,000 in Kenmore. Examining Kenmore property values from the last few years reveals a continual upward trend that is set to carry over to 2022.
Within just 10 years, house prices have increased by 54.43%, and units by 19.64%. As more people flock to the suburb, this number will only increase – so getting in now will not only provide you with an excellent place to call home, but also see your investment potentially double in value.
House Values
(swipe table below left or right to view)
| Year | Median Price |
|---|---|
| 2011 | $531,000 |
| 2016 | $640,000 |
| 2021 | $820,000 |
| 2022 (as of Feb 1) | $930,000 |
Unit Values
(swipe table below left or right to view)
| Year | Median Price |
|---|---|
| 2011 | $560,000 |
| 2016 | $640,000 |
| 2021 | $670,000 |
| 2022 (as of Feb 7) | $715,250 |
The Kenmore Lifestyle
The Kenmore lifestyle is one of the biggest drawcards of the area. Situated at the base of Mount-Cootha, Kenmore offers an unparalleled mix of natural beauty and easy access to the city. Let’s get to know Kenmore’s people, schools, economy and community.
(swipe table below left or right to view)
| KENMORE SHOPPING VILLAGE | 3 MIN DRIVE | 1.5KM |
|---|---|
| KENMORE PLAZA | 6 MIN DRIVE | 2.9KM |
| INDOOROOPILLY SHOPPING CENTRE | 9 MIN DRIVE | 5.5KM |
| TOOWONG VILLAGE | 13 MIN DRIVE | 8KM |
| KENMORE STATE SCHOOL | 2 MIN DRIVE | 1.4KM |
| KENMORE STATE HIGH SCHOOL | 5 MIN DRIVE | 2.6KM |
| OUR LADY OF THE ROSARY | 3 MIN DRIVE | 1.2KM |
| MT COOT-THA BOTANIC GARDENS | 15 MIN DRIVE | 9.7KM |
| INDOOROOPILLY GOLF COURSE | 17 MIN DRIVE | 10.2KM |
| ST LUCIA GOLF COURSE | 13 MIN DRIVE | 8.1KM |
| SIR THOMAS BRISBANE PLANETARIUM | 11 MIN DRIVE | 8.7KM |
| UNIVERSITY OF QUEENSLAND | 15 MIN DRIVE | 9.6KM |
| QUEENSLAND UNIVERSITY OF TECH | 22 MIN DRIVE | 13KM |
| ST AIDAN’S ANGLICAN GIRLS SCHOOL | 18 MIN DRIVE | 11KM |
| BRIGIDINE COLLEGE | 11 MIN DRIVE | 6.7KM |
| BRISBANE BOYS COLLEGE | 12 MIN DRIVE | 7.7KM |
| ST PETERS LUTHERAN COLLEGE | 13 MIN DRIVE | 7.4KM |
Who lives in Kenmore?
The population of Kenmore is made up of a healthy mix of all age and family groups. In particular, Kenmore is popular with young professionals and downsizers thanks to the proximity to the city, the laid-back community and lifestyle on offer.
Here’s a breakdown of the demographics that make up Kenmore based on data from realestate.com:
With an estimated population of 9,613 most people who move to Kenmore do so to stay close to city, while still living in suburbia. A significant portion of buyers are retirees who are seeking a smaller dwelling, but with a median age of 39.4, there remains families and younger generations occupying the area.
A thriving local economy
Kenmore remains a prosperous suburb, with the median employee income sitting around $59,162. The number of jobs sits at around 7,421, and 4,546 taxpayers reported having private health insurance (Australian Bureau of Statistics). As a young professional in Kenmore, there’s plenty of opportunity for success. For downsizers and retirees, the 654 people with an age pension indicates you’ll also able to live comfortably in Kenmore.
Kenmore catchment offers renowned schools
For those looking for a place to raise their family, the Kenmore catchment has fantastic schools to
offer, including:
• Ambrose Treacy College
• Brigidine College
• Brisbane Montessori School
• Fig Tree Pocket State School
• Holy Family Primary School
• Indooroopilly State High School
• Indooroopilly State School
• Kenmore South State School
• Kenmore State High School
• Kenmore State School
• Our Lady of the Rosary School
• St Peters Lutheran College
• The Glenleighden School
Get around with easy transport access
One of the most desirable aspects of Kenmore is the proximity and easy access to everything you need. Less than 11km from the CBD, there is easy transportation access along Moggill Road and the Centenary Highway to major transport networks like Coronation Drive or the Legacy Way toll road.
Along these roads, there are fast journeys to hospitals, schools, shopping centres and more. The public transport in Kenmore is world-class, with regular bus stops that run from Kenmore to the CBD, as well as TransLink’s park-n-ride access areas that allow you to park your car and commute to the city.
Looking to future developments, there is a 3.3km bypass proposed as a major linking road for Moggill Road and the Centenary Motorway which will further minimise congestion in peak hours.
An abundance of green spaces
The Kenmore catchment area is known for its green spaces. 6.7% of the suburb’s 5.8 square kilometre surface area is covered by nearly 20 parks. Some of these include:
• Kingfisher Park
• Mount Coot-tha
• Yaraway Pony Club
• Kenmore Hills Bike Paths
• Akuna Street Park
• Bricks Riverside Park
• Sir Thomas Planetarium
Why choose Treetops at Kenmore?
Tucked away among a lush assortment of Eucalyptus trees, Treetops offers all the best bits about Kenmore. You’ll be spoilt for choice with nearby nature trails and shopping centres all at your fingertips. Our townhouses are harmoniously designed, and perfect for the young professional, or anyone wanting to downsize.
Get in touch with us today to take advantage of an emerging suburb offering a lifestyle that’s second to none: Phone 1300 330 655