A leafy Hills District suburb 12.7km north-west of the Brisbane CBD, on the edge of Bunyaville Forest Reserve.
Everton Hills (postcode 4053) sits about 12.7 kilometres north-north-west of the Brisbane CBD in the City of Moreton Bay, bordered by Kedron Brook and the Bunyaville Forest Reserve. It shares a postcode with McDowall, the subject of our September update, and the same quiet fundamentals.
Everton Hills ticked the fundamentals we screen every purchase against: an established suburb wrapped around bushland, close to the CBD, with schools and Brookside Shopping Centre in neighbouring Mitchelton. The kind of place where people move in and stay.
A Meridian client secured a Everton Hills townhouse at Everton Ridge for $540,000. In October 2025, a comparable townhouse on Bunya Road, 18/40 Bunya Road, sold for $903,000 (domain.com.au, 31 October 2025). On comparable-sales analysis, that puts our client’s property up approximately $363,000 (67.2%), while current rent of $700 per week represents a 6.74% gross yield on the original purchase price: growth and cash flow from the same asset.
“Growth and cash flow from the same asset. The property that grew $363,000 also collects $36,400 a year in rent. This is the outcome the strategy is designed for, not one or the other.”
Meridian Research
The suburb edges Bunyaville Forest Reserve and Kedron Brook, so the green space is permanent.
About 12.7 kilometres north-north-west of the Brisbane CBD.
Prince of Peace Lutheran College’s secondary campus is in the suburb, with Brookside Shopping Centre next door in Mitchelton.
Secured at $540,000, it now rents at $700 per week: a 6.74% gross yield on the purchase price.
“The thought of buying an investment property seemed so overwhelming and confusing, until we were introduced to Adam and the Meridian team. They were extremely professional and transparent, allowing us to move forward with confidence. So grateful for their help and expertise.”
Kate Woods · 5-star Google review
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