Everton Park – Suburban Ease or Investment Hot-Spot?

Located a convenient eight kilometres from Brisbane city, Everton Park may well be worth a look-see for your next family home or investment property.

Brimming with residential homes, Everton Park’s average resident is a youthful 37 years young; which spells growing families. Its transport links are not-too-shabby either, with South Pine Road a major transport corridor that runs through the suburb towards Brisbane city.

Residents can take their pick when it comes to busses and trains. Several bus services are available or a quick drive, walk or cycle to nearby train stations at Enoggera, Gaythorne, Mitchelton or Oxford Park will get you on your way.

We all know life isn’t a ‘retail experience’ but having good facilities nearby helps, with the North-West Homemaker Centre – which includes the only Spotlight and Harvey Norman in the north-west district – and a shopping centre with a major supermarket and specialty stores located at the intersection of South Pine and Stafford Roads.

There’s also our great local, the Everton Park Hotel, which hosts the truly unique markets, The Mummy Tree Markets.

Bordering Everton Park is Mitchelton, home to the Jan Powers Farmers Market and Brookside Shopping Centre, the major retail centre of the area.

And if you want to get on your bike, there are also many local bikeways. Check out Google maps here to view trails, dedicated lanes and bike-friendly roads.

As for future infrastructure, The Qld Department of Transport and Main Roads plans to provide new transit lanes on Stafford Road between Everton Park and Kedron and a new bikeway that would provide a direct east-west route along Stafford Road, between Everton Park and Kedron, with the overall plan to improve east-west capacity.

Unlucky for some, but not Everton Park, the suburb has 13 great parks to choose from, with the star being Teralba Park which hosts (take a breath here): Everton Park Guide Hut, Mitchelton Sports Complex, activity space, barbecues, dog off leash area, fitness station, picnic area, playground and most importantly, a loo.

Its surrounding suburbs – Everton Hills, McDowall, Mitchelton, Gaythorne, Kedron, Stafford and Bunya – boast some pretty fine indoor and outdoor attractions, including State Forrest, aquatic centres and bike ways.

So, yes Everton Park is a place for families to survive and thrive but it is also a suburb that has seen property prices increase.

The average property sells for $508,000, rents for $420 per week and if supply and demand is anything to go by, Queensland averages 50 visits to each listed property with Everton Park averaging 85 visits to each property.

As of July 2014, long-term price growth for the suburb was 4.2 per cent, just behind Brisbane’s 4.8 per cent. But the interesting details lie in the average days on market at 49 days, versus Brisbane’s 69 days, and discounting at 5 per cent, versus Brisbane’s at 5.8 per cent.

So the take away here is that Everton Park is a suburb with much to offer. It has good transport links, many retail choices and it’s a suburb that because of its close proximity to the city of Brisbane offers owners and investors alike much bang for your buck, with city benefits at suburban prices.