Located just 5 kilometres south of Brisbane’s CBD, Annerley offers an exceptional blend of inner-city convenience, heritage character, and vibrant community atmosphere that makes it one of Brisbane’s best-kept secrets. With beautifully restored Queenslander homes on elevated ridges providing city views, the historic Annerley Junction shopping precinct, Princess Alexandra Hospital employment hub, and excellent transport via Fairfield and Dutton Park train stations, this gentrified inner-southern suburb has become the ideal choice for young professionals, medical workers, and families seeking affordable proximity to the CBD with genuine neighbourhood character.

History of Annerley

Originally dairy farmland, Annerley’s transformation began when the Junction Hotel opened in 1866 at the corner of Ipswich and Annerley Roads, creating the focal point around which the suburb developed. The area was initially called Boggo, with a post office opening in 1882. In 1892, future Queensland Premier Digby Denham proposed renaming it Annerley after a township in Surrey, England.

The suburb flourished with the arrival of electric trams along Ipswich Road in 1899 (operating until 1969), railway stations at Fairfield (1896) and Dutton Park (1891), and Junction Park State School in 1888. The 1920s housing boom created neighbourhoods of classic timber Queenslanders. Princess Alexandra Hospital began as the Lady Diamantina Orphanage in 1883, becoming a chronic diseases hospital in 1901, and was named after Princess Alexandra in 1956 following her 1955 Queensland visit. Today, living in Annerley means experiencing Brisbane’s most underrated inner-south lifestyle—admiring beautifully restored Queenslanders on elevated streets with city views, shopping at the vibrant Annerley Junction precinct with its vintage and artisan vibe, working minutes from the PA Hospital health hub, catching trains for 10-minute CBD commutes, and being part of a diverse, welcoming community where gentrification has transformed heritage character into contemporary urban living. It’s where affordable inner-city meets genuine neighbourhood charm.

Annerley Demographics & Local Insights

Annerley is a thriving young professional community with 44.00% of homes being owner-occupied as of 2021, up from 42.90% in 2016, demonstrating growing commitment as the suburb gentrifies. The suburb has a population of 11,891 (2021), with a youthful median age of just 32 years. Households are primarily childless couples (59.7%) working in professional occupations, with typical mortgage repayments of $1,800-$2,399 per month and median household income of $1,385 weekly.

What makes Annerley extraordinary is its transformation from “somewhat rundown” to one of Brisbane’s most sought-after inner-south addresses through gentrification. The elevated ridge provides spectacular city views, while restoration of original Queenslanders creates an eclectic mix of heritage homes and modern apartments catering to all socioeconomic levels. The suburb attracts medical professionals working at Princess Alexandra Hospital, young professionals prioritizing CBD proximity, students accessing nearby University of Queensland and Griffith University, and families appreciating the diversity and convenience. With 11 parks covering 4.1% of 2.8 square kilometres, two train stations (Fairfield, Dutton Park), frequent buses, Annerley Library, the historic Junction shopping precinct with its developing vintage/handmade vibe, and properties selling rapidly (25 days), Annerley delivers that rare combination of heritage character, professional demographics, hospital employment proximity, and genuine inner-city affordability.

Lifestyle, Education, and Amenities in Annerley

Annerley’s lifestyle centres around its unique combination of heritage character and inner-city convenience. Daily life means shopping at Annerley Junction’s eclectic mix of cafes, restaurants, and vintage stores, enjoying the area’s developing artisan and handmade vibe, utilizing 11 parks including leafy green spaces on the quieter Tarragindi side, and commuting to the CBD in just 10 minutes by train or 15 minutes to major shopping centres (Indooroopilly, Carindale, Garden City). The elevated ridge provides spectacular city views from many properties, while the mix of restored Queenslanders and modern apartments offers diverse housing options.

Junction Park State School (established 1888) and Mary Immaculate Primary School serve primary education locally. Our Lady’s College provides Catholic girls secondary education, while Yeronga State High School in the neighbouring suburb serves government secondary needs. Transport is exceptional with Fairfield and Dutton Park stations providing frequent services to the CBD, comprehensive bus networks along Ipswich Road, and easy M3 motorway access. Princess Alexandra Hospital and nearby Mater Hospital provide world-class healthcare and employment for thousands of medical professionals. For young professionals and families seeking a place where beautifully restored Queenslanders frame elevated streets with city views, 10-minute CBD commutes are effortless, and genuine neighbourhood character meets affordable inner-city living, Annerley is Brisbane’s ultimate hidden gem.

Why Buy Property in Annerley? (For Investors & Homeowners)

Exceptional Inner-City Value: Just 5km from Brisbane CBD with properties at median $1,425,000—genuine affordability compared to inner-city alternatives

Outstanding Capital Growth: With 12.71% annual growth and extraordinary 63.35% five-year growth, Annerley demonstrates exceptional long-term appreciation

Heritage Character: Elevated ridge with city views, beautifully restored Queenslanders, eclectic architectural mix from gentrification creating unique appeal

PA Hospital Hub: Princess Alexandra Hospital employment proximity attracts medical professionals and healthcare workers seeking convenient living

Rapid Sales Market: Properties sell in just 25 days with only 101 sales annually, demonstrating strong demand and market confidence in this gentrified suburb

Young Professional Demographic: Median age 32, primarily childless couples in professional occupations, median income $1,385 weekly creating vibrant, dynamic community

For young professionals, medical workers, and savvy families, Annerley represents Brisbane’s best inner-south value proposition. It delivers the perfect combination of genuine heritage character, proven capital growth (63.35% over five years!), hospital/university proximity, excellent transport via two train stations, and that rare affordable entry to quality inner-city living—making it ideal for those seeking Brisbane’s most underrated address with exceptional investment fundamentals.

Final Thoughts from a Local Buyers Agent

Annerley delivers Brisbane’s most compelling inner-south investment story, where exceptional 63.35% five-year growth meets genuine affordability at $1,425,000 median. With properties selling in just 25 days, Princess Alexandra Hospital employment hub nearby, beautifully restored Queenslanders on elevated streets with city views, and 10-minute CBD train access via two stations, it’s clear why young professionals and medical workers are securing their futures in this gentrified hidden gem.

At The Property Baron, we help you navigate the market, uncover hidden opportunities, and secure the right property, often before it hits the open market.

Thinking of buying in Annerley? Let’s chat.
Contact us today to discuss your brief.