5/55 Central Ave, Indooroopilly is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 114m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
It's not often that you can be positioned so close to shops, all amenities and schools, bus routes (the bus stops right outside the front door!) and train stations but enjoy peace and tranquility amongst a leafy aspect. Add to that a spacious but simple layout with fresh, modern and easy maintenance fixtures and fittings, dual aspect living plus a balcony for alfresco relaxation. This is an exceptionally easy property to rent and maintain or a great, move-in-ready first home. Take you pick but do it quickly because the market for these types of units is definitely hotting up!
THE UNIT
• Living, dining & kitchen enjoy dual aspect with doors and windows at either end amplifying both light and natural airflow but for super hot days, cool down with ceiling fan and air conditioning.
FACTS & FIGURES
• Solid brick and tile building of 6 units with lock up garages below and accommodation on upper 2 levels;
• Building set among almost 800 sqm of well-maintained garden and established trees;
• Plenty of additional on street parking;
• Rental Income - $340 to $370 / week;
• Council Rates - 406.90 / Qtr;
• Body Corporate Fees - Admin $505.41 / Qtr & Sinking Fund $229.71 / Qtr.
THE LOCATION
• The bus stop is literally outside the front door while it is less than 750m to Indooroopilly train station meaning there are so many easy public transport options to UQ, the CBD, Indooroopilly Shopping Centre & Toowong Village;
• Easy access to very highly desirable catchment schools Indooroopilly High School (600m), Indooroopilly State School 1.5km and UQ (3.9km) to mention just a few;
• With an overwhelming wealth of shops, restaurants, cafes, sporting clubs and gyms including Indooroopilly Shopping Centre within a 5-minute walk radius, this location couldn't offer a better mix of convenience yet on a quiet street.
Definitely add this to your short list as it really is a good value, entry level opportunity not to be missed!
The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of total area. The population of Indooroopilly in 2016 was 12242 people. By 2021 the population was 13622 showing a population growth of 11.3% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation.In 2021, 53.70% of the homes in Indooroopilly were owner-occupied compared with 51.00% in 2016.
Indooroopilly has 6,960 properties. Over the last 5 years, Houses in Indooroopilly have seen a 72.93% increase in median value, while Units have seen a 93.60% increase. As at 30 November 2025:
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