Annerley vs GreenslopesTwo Brisbane suburbs compared for a home loan
Annerley (QLD 4103) is approximately 6 km south of the Brisbane CBD, on the ridge above Ipswich Road. Greenslopes (QLD 4120) is approximately 6 km south of the Brisbane CBD, between the South East Busway and Norman Creek. At the 2021 Census, Annerley had 11,891 residents with a median age of 33, and Greenslopes had 7,941 residents with a median age of 34.
The most common occupied dwelling was separate houses in Annerley and flats and apartments in Greenslopes. Flats and apartments made up 41% of occupied dwellings in Annerley and 48% in Greenslopes, while 55% of Annerley households rented compared with 53% in Greenslopes. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
QLD 4103 · Inner South Brisbane
Annerley
Annerley is an inner south Brisbane suburb divided almost evenly between houses at 40.9 per cent and apartments at 40.8 per cent of occupied homes.
Brisbane City Council. Approximately 6 km south of the Brisbane CBD, on the ridge above Ipswich Road.
Read the full Annerley guideQLD 4120 · Inner South Brisbane
Greenslopes
Greenslopes is a small inner south Brisbane busway suburb where only 16.6 per cent of households owned their home outright at the 2021 Census.
Brisbane City Council. Approximately 6 km south of the Brisbane CBD, between the South East Busway and Norman Creek.
Read the full Greenslopes guide
What buying in Annerley and Greenslopes would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Annerley and Greenslopes.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Annerley to see the repayment, transfer duty and upfront cash.
Enter a price for Greenslopes to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Annerley and Greenslopes: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Annerley | Greenslopes |
|---|---|---|
| People and households | ||
| Residents | 11,891 | 7,941 |
| Median ageAustralia 38 | 33 | 34 |
| Average household sizeAustralia 2.5 | 2.2 | 2.2 |
| Median household income, weeklyAustralia $1,746 | $1,830 | $1,974 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $360 | $370 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,000 | $1,974 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 55% | 53% |
| Owned with a mortgageAustralia 35% | 28% | 30% |
| Owned outrightAustralia 31% | 17% | 17% |
| Types of home | ||
| Separate housesAustralia 72% | 41% | 42% |
| Townhouses, terraces and semi-detachedAustralia 13% | 18% | 10% |
| Flats and apartmentsAustralia 14% | 41% | 48% |
| Homes with two bedrooms or fewer | 50% | 50% |
| Homes with four bedrooms or more | 17% | 19% |
| Dwellings unoccupied on Census night | 7% | 6% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Annerley and Greenslopes
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Annerley
- First home buyers
- Investors
- Upgraders
- Minimum internal floor area rules affect part of the unit stock, including 642 one-bedroom dwellings and 33 studios.
- Body corporate levies count as a committed expense and reduce assessed borrowing capacity.
- Single-development exposure limits can restrict lending in the newer projects near Ipswich Road.
- Ekibin Creek flooding and overland flow should be checked through a FloodWise Property Report for the address.
- Character planning controls can raise the cost of repairs and alterations on pre-war houses.
Greenslopes
- First home buyers
- Investors
- Minimum internal floor area rules bear on the 374 one-bedroom dwellings and three studios in the suburb.
- Sinking fund adequacy in older walk-up blocks matters more than the level of current levies.
- Body corporate levies count as a committed expense and reduce assessed borrowing capacity.
- Norman Creek flooding should be checked through a FloodWise Property Report for the specific address.
- Investment lending is assessed differently, and median weekly rent of $370 sat below the national $375.
Housing stock in Annerley and Greenslopes compared
Annerley
- Pre-war timber houses
- Separate houses numbered 2,079 at the 2021 Census, 40.9 per cent of occupied homes, many raised on stumps.
- Walk-up flats and apartments
- Flats and apartments numbered 2,071, or 40.8 per cent, close to the same share as houses.
- Townhouses
- Townhouse and semi-detached dwellings numbered 919, or 18.1 per cent, above the national 12.6 per cent.
Greenslopes
- Walk-up flats
- Flats and apartments numbered 1,620 at the 2021 Census, 48.0 per cent of occupied homes, mostly in small blocks.
- Pre-war timber houses
- Separate houses numbered 1,414, or 41.9 per cent, concentrated on the higher ground.
- Townhouses
- Townhouse and semi-detached dwellings numbered only 339, or 10.0 per cent of occupied homes.
Official sale price and rent figures for Annerley and Greenslopes
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Annerley
No government agency publishes a free median sale price or rent series for Annerley, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Greenslopes
No government agency publishes a free median sale price or rent series for Greenslopes, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Annerley and Greenslopes
Annerley
Transport
- Fairfield station (train)
- Dutton Park station (train)
- Ipswich Road bus services (bus)
- South East Busway (bus)
- Ipswich Road (road)
Schools and campuses
- Junction Park State School (primary, government)
- Mary Immaculate Primary School (primary, catholic)
- Our Lady's College (secondary, catholic)
Amenities
- Annerley Library
- Hefferan Park
- Annerley Junction shops
- Mary Immaculate Church
Greenslopes
Transport
- Greenslopes busway station (bus)
- Logan Road buses (bus)
- Pacific Motorway (road)
- Logan Road (road)
Schools and campuses
- Greenslopes State School (primary, government)
Amenities
- Greenslopes Private Hospital
- Stones Corner retail strip
- Stephens Mountain
- Norman Creek corridor
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Queensland education department.
Compare Annerley or Greenslopes with another suburb
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Request a free assessment: Annerley or Greenslopes
An accredited mortgage broker can check your borrowing power against prices in Annerley and Greenslopes, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.