Are you looking to purchase a home or investment property in Windsor? As a WindsorBuyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Windsorproperty purchase!
Windsoris an affluent, inner-city suburb located 4km north of the Brisbane CBD. Windsor is bordered by the suburbs of Herston, Wilston, Grange, Gordon Park, Wooloowin, Albion and Bowen Hills
The population of Windsorin 2016 was around 7,005 and continues to grow. 44.1% of households in Windsor are owner occupied and consistent predominantly of childless professional couples (20-29 years old).
Windsor’s main shopping and cafe precinct is located along Lutwyche Road.
Windsor train station is located in the centre of the suburb and the train journey to Brisbane CBD takes only 10 minutes.
The area is home to a number of great private and public schools including St Columba’s Primary School, St Mary of the Cross School, St Margaret’s Anglican Girls School, Brisbane Grammar School, Holy Cross School, Windsor State School,and Wilston State School.
There are several parks and green spaces in Windsor, including Downey Park in the southern part of the suburb on Enoggera Creek, Windsor Park and Eildon Hill Reserve.
Most residents commute to the Brisbane CBD for work. The Royal Brisbane and Women’s Hospital is also a major employer in the area.
Traffic noise can be an issue for properties close to major thoroughfares including Lutwyche Road and Maygar Street. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially streets close to Enoggera Creek) are susceptible to flooding.
Almost half (44%) of properties in Windsor are free standing houses.
The suburb is particularly well known for its Queenslander style houses. These timber character homes were built in the late 1800s and early 1900s. A typical block size for this type of home is 600m2.
The median house price in Windsor is $1,150,000 which is well above Brisbane’s median.
The median house price in Windsor would typically buy a 3-bedroom, 1-bathroom house on a 435 m2 block. For example: 43 Maygar Street Windsor QLD 4030– sold for $1,180,000 in July 2024 (click to view listing and see images below).
The median unit price in Windsor is: $535,000.
This amount would typically buy a 2-bedroom, 2-bathroom, 1 garage unit in a 1970s brick complex.
For example: 4/3 Thondley Street Windsor QLD 4030– sold for $531,000 in 18 Jul 2024 (click to view listing and see images below)
Over the last 12 months, house prices have increased by 5.4% per annum. In the last 5 years the median house price has increased by 59.7%.
Units in Windsor have performed similarly well. Over the last 12 months unit prices have increased by 15.4% per annum. In the last 5 years the median price of units has increased by 57.5%.
Average Days on Market: Houses 28 days. Units: 28 days.
On average houses are selling close to list price. Units typically sell 3% above their list price.
Windsor’s auction clearance rates are 55% for houses, and 0% for units.
The average rental yield for houses is 3.1%, compared to 5.3% for units.
There is a shortage of houses and units currently listed for sale (0.48% and 0.51% respectively).
The rental vacancy rate for houses is 0.61%, compared to units 0.5%.
**Statistics are accurate for July 2024
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