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Annerley's close proximity to the Brisbane CBD and its elevated position have attracted many investors and owner-occupiers in recent times.

Buyers keen to renovate will find a mix of dwelling types including post-war cottages and Queenslanders as well as 1970s blocks of flats and modern units.

Annerley is particularly attractive to medical professionals, as it is located near the Princess Alexandra hospital in Woolloongabba.

It has a strong rental market due to its high number of units and its close distance to the city.

There are a number of commercial developments surrounding the hospital precinct that relate in some way to the medical industry.

Because they are so close to the city, Annerley residents are well serviced with shopping and entertainment facilities -- they have a choice of South Bank, the CBD and West End.

There is also smaller shopping centres at Buranda, Fairfield, and Greenslopes.

Source: REIQ