As Brisbane builds toward the 2032 Olympic and Paralympic Games, few regions are attracting more attention — or capital growth — than the city’s Inner North. Well-established yet rapidly evolving, this blue-chip pocket is now at the forefront of urban renewal, transport investment, and lifestyle-led demand.

For investors and homebuyers alike, suburbs such as Kedron, Wooloowin, and Windsor represent some of the most promising opportunities in Southeast Queensland.

Why Brisbane’s Inner North Is in Demand.
Located just 7–12km from the CBD, the Inner North precinct is bordered by major transport corridors (Lutwyche, Rode and Enoggera Roads) and anchored by employment hubs like the Royal Brisbane and Women’s Hospital, Prince Charles Hospital, and Gallipoli Barracks.

The area offers:

• * Excellent rail and bus links
• * Proximity to top-tier schools and two universities (QUT and UQ)
• * Strong public and private healthcare infrastructure
• * Emerging urban renewal precincts (e.g. Herston Quarter, Station Quarter)
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With demand consistently high, vacancy rates are extremely low — just 0.3% in Newmarket for houses, and as low as 0.6% for units in Kedron.

Suburb Spotlight: Kedron
Kedron has become a firm favourite among families and professionals, thanks to its leafy streets, access to good schools, and central location.

Median House Price: $1.356 million

• * 12-Month Growth: 12%
• * 5-Year Avg Growth: 12%
• * Rental Yield (House): 2.9%
• * Rental Yield (Unit): 4.1%
• * Vacancy Rate (Units): 0.6%
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The unit market in particular has surged, with 102 sales in the past 12 months and a 28% rise in median prices.

Infrastructure pressure and Olympic momentum mean these numbers are expected to climb.

Suburb Spotlight: Wooloowin
A standout for capital growth, Wooloowin combines old-world charm with modern accessibility. PropTrack ranked it among Queensland’s top suburbs for annual house price growth in 2024.

• * Median House Price: $1.6 million
• * 12-Month Growth: 9%
• * Rental Yield (Unit): 4.5%
• * Vacancy Rate (House): 0.4%
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The suburb’s heritage homes, strong school catchment appeal, and direct rail access to the CBD make it a long-term gainer.
Wooloowin also benefits from adjacency to the Windsor Health Precinct and Cross River Rail works — enhancing both livability and investor appeal.

Suburb Spotlight: Windsor
Windsor has emerged as one of the Inner North’s fastest-appreciating suburbs — recording 22% house price growth in the past 12 months alone.

Median House Price: $1.46 million

• * Rental Yield (Unit): 4.6% — one of the highest in the precinct
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Median Unit Rent: $600/week

• * Vacancy Rate: Below 1%
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It’s an area primed for unit development and lifestyle densification. Breathe Residences and other boutique builds are attracting downsizers, professionals and young families.

Windsor’s appeal is compounded by proximity to RBWH, one of Queensland’s largest hospitals employing over 9,000 staff.

Olympic Games: The $17B Catalyst
Brisbane’s preparation for the 2032 Olympics is more than a sporting celebration — it’s a catalyst for transformation. The Inner North will benefit directly from several billion-dollar infrastructure projects, including:

• * $17B Cross River Rail
• * $1.1B Herston Quarter Development
• * Brisbane Metro Expansion
• * Upgrades to Newmarket Pool & Urban Amenities

Analysis of past global events, including the Sydney Olympics (2000), shows clear property value increases pre- and post-event. PRD Research forecasts Brisbane’s median house price could reach $1.7 million by 2033, with Inner North suburbs among the top beneficiaries.

Market Fundamentals: High Demand, Limited Supply
In 2025, Inner North recorded:

• * 756 house sales, with Kedron leading in activity
  * 497 unit sales, with Windsor and Kedron topping the list
• * Double-digit unit price growth across every suburb analysed
• * Median income of $151,000 — well above the Brisbane average
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With population forecasts indicating sustained growth and 48% of current residents having moved into the precinct within five years, this is clearly a region undergoing rapid change.
Yet the pace of new dwelling approvals is modest, keeping pressure on supply.

Strategic Investor Advice from Murray McCarthy

For buyers considering Brisbane’s Inner North, Murray McCarthy offers this advice:
“Don’t just look at median prices — look at what’s driving the demand. In the Inner North, it’s a combination of proximity to hospitals, schools, the airport, and future-proof infrastructure. That’s not speculation — that’s strategy.”

Murray has helped clients secure high-growth homes in Brisbane and the Sunshine Coast alike. His data-backed approach helps buyers avoid common pitfalls — from overpaying in a heated market to missing out on off-market opportunities.

The Brisbane Inner North precinct is no longer a secret — but it is still full of opportunity. With yields climbing, vacancy rates tight, and billions in public investment flowing into the area, timing your entry is key.

For those looking to capitalise on both short-term rental returns and long-term capital gains, the Inner North — particularly suburbs like Kedron, Windsor and Wooloowin — stands out as one of the safest bets on the path to Brisbane 2032.