West End the place to live - realestate.com.au (2024)

FAQs

Is West End a good place to live? ›

In the 2022 Estimated Resident Population report, West End is home to 3,980 awesome people. This suburb is home to artists and creatives, young professionals, cultural enthusiasts, and families with children. The weather in West End is as diverse as the community it embraces.

If you are looking for an investment property, consider houses in West End rent out for $795 PW with an annual rental yield of 2.6% and units rent for $650 PW with a rental yield of 5.8%. West End has seen an annual compound growth rate of 4.3% for houses and 5.1% for units.

When you're looking for an ideal neighborhood, go for a neighborhood that's well-connected to transportation options, good schools, good hospitals, malls, groceries, and markets. If you're purchasing a residential property, knowing your neighbors is also significant.

Each year more than 400,000 people flock to Trafalgar Square for this two-day musical extravaganza, featuring spectacular performances from just about every major West End musical.

For centuries it has been known for its royal palaces, parklands, government offices, mansions, and exclusive shopping districts—in contrast to London's more industrial and blue-collar East End.

Though a survey by The Stage newspaper revealed that top prices for West End shows appear to be stabilising, with a 0.4% rise last year compared with a 20% surge in 2022 from pre‑pandemic levels, that still leaves the most expensive tickets averaging £141.37. Some popular shows cost nearly three times as much.

With the Brisbane CBD within arm's reach, residents also enjoy the convenience of city living while savouring the more laid-back atmosphere of the suburb. The area's close proximity to sought-after universities has turned West End into a magnet for students.

A “good” ROI is highly subjective because it largely depends on how risk-tolerant a particular investor is. But as a rule of thumb, most real estate investors aim for ROIs above 10%.

What state has the best housing program? ›

Rhode Island had the most subsidized housing units of any US state in 2022, with over 35 units per 1,000 people. Arizona had the least, with fewer than six units per 1,000 people.

Close to hazards are bad locations

The bottom line: People don't want to live next door to nuclear power plants. Few homebuyers want a transformer in their yard, either. If the neighborhood was built on a landfill or was recently swampland, nix it. Always order a natural hazard report when buying a home.

There is an old adage, that the three most important words in real estate are 'Location, Location, Location'.

Until gentrification com- menced in West End in the early 1990s, the neighbourhood remained largely working class with one of the lowest socioeconomic rankings in Brisbane (ABS, 1984, 1989, 1993). Like similar inner neighbourhoods in other Australian cities, West End has chan- ged rapidly over the past 25 years.

Demographics & education

In the 2016 Census, there were 9,620 people in West End. Of these 49.9% were male and 50.1% were female. Aboriginal and/or Torres Strait Islander people made up 1.2% of the population. The median age of people in West End was 33 years.

The median age of people in West End (Brisbane - Qld) was 34 years. Children aged 0 - 14 years made up 12.9% of the population and people aged 65 years and over made up 8.8% of the population.