22/487 Ipswich Rd, Annerley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Annerley in the last 12 months.
Positioned towards the rear of the block and surprisingly quiet, this well proportioned unit offers a wonderful opportunity for those looking for something in a highly convenient location to buy and move in or a great investment opportunity in a highly convenient location with strong rental returns.
Highlighted by the large, indoor/outdoor entertaining space, the property also features:
Two generously sized bedrooms, both with built in robes
A location that is absolutely second to none, the property puts your within close proximity to
Fairfield Train Station a short walk away
Buses in and out of the CBD and across UQ via Green Bridge
Woolworths Annerley plus specialty stores across the road
Fairfield Gardens Shopping Centre less than 500m
Princess Alexandra Hospital
Greenslopes Private Hospital
Easy access into the CBD, North and Southbound via M3, Tunnel Network
Currently owner occupied and available for vacant possession, the property would likely rent around $620-$670 per week in current market conditions.
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2016 was 11336 people. By 2021 the population was 11891 showing a population growth of 4.9% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation.In 2021, 44.00% of the homes in Annerley were owner-occupied compared with 42.90% in 2016.
Annerley has 6,436 properties. Over the last 5 years, Houses in Annerley have seen a 78.99% increase in median value, while Units have seen a 111.74% increase. As at 31 December 2025:
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