Image by Reubot, CC BY-SA 3.0, via Wikimedia Commons
Kelvin Grove is a beautiful tree-lined suburb in Brisbane’s inner north and offers potential residents an exciting inner-city lifestyle at an affordable price. If Kelvin Grove is on your list of potential places to call home, book a pre-purchase property inspection with Action Property Inspections to ensure you have all the information you need to make the right decision for you and your family. This suburb is incredibly popular, and your dream home won’t be on the market forever, so contact Action Property Inspections today!
Why Choose Kelvin Grove?
Kelvin Grove is a leafy inner-northern suburb of Brisbane, just 3 kilometres from the city centre. Offering its residents inner-city convenience, beautiful green spaces, and access to excellent schools and one of the top universities in the country, Kelvin Grove is a fantastic place for students, families, and professionals to call home. Kelvin Grove also offers a range of housing options to suit every taste and budget, from traditional Queenslander properties and post-war workers cottages to modern apartments. When compared to nearby suburbs Paddington and Spring Hill, Kelvin Grove is also quite affordable for a Brisbane inner-city suburb. This area is only set to grow as well, with new developments including the Metro extensions and the upcoming Victoria Park refurbishment.
Educational and Transport Opportunities
Kelvin Grove is a suburb known for education. Families are well-catered for, with Kelvin Grove State College, a school for primary and secondary-aged children and the Queensland Academy for Creative Industries, for students in years 10 to 12. Additionally, Kelvin Grove is home to the Kelvin Grove Campus of Queensland University of Technology, and particularly their Creative Industries department.
Transport wise, Kelvin Grove is serviced by the northern busway, providing access for commuters from the suburb to the city and beyond. The Brisbane Metro is also planned to be extended out to Kelvin Grove and other northern suburbs.
Is Kelvin Grove the Right Place for You?
As an inner-city suburb, Kelvin Grove is already highly sought-after. Currently, the median property price for a house is $1,250,000 with an annual capital growth of 11. 63%. For units, the median price is currently $525,000 with an annual capital growth of 11.70%. If you’re thinking about investing in property in Kelvin Grove, rental yields for houses are currently 3.28% with a weekly median rent of $700, while for units the rental yield is 5.40% with a median weekly rent of $630. If you think about how close this is to Brisbane’s CBD, it’s a steal!
To book your pre-property inspection, contact Action Property Inspections today!
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