Lutwyche (Post Code 4030)
Lutwyche covers 3½ square kilometres spanning Lutwyche Road along Kedron Brook, around 5 kilometres north of the Brisbane CBD. It is one of Brisbane’s oldest inner residential suburbs, famous for its history and traditional Queenslander houses juxtaposed with modern apartments and units. Plus, it’s also a rental hotspot! So, if you’d like to discuss the benefits of a Lutwyche rental investment property, or for general professional property management, Lutwyche specialists Position One Property Managers can assist.
Professional Property Management Services, Lutwyche, Brisbane
Close to major transport options and modern amenities, Lutwyche is popular with young professionals, many of whom prefer to rent rather than buy. As a result, Lutwyche has a very high percentage of rentals, which is good news if you are a landlord!
Indeed, the 2021 census tells us that some 66% of the private dwellings here are rented whilst only 31% are owner-occupied. However, the vacancy rate is also high for the area at 8%. This indicates a need for good property management services to ensure properties don’t remain vacant long term.
The good news for landlords is that the team here at Position One are successful, well-established property management professionals. We have many years of knowledge and experience in the Brisbane property management market and real estate industry, and can offer a professional service to owners and tenants alike.
If you are the owner of property in Lutwyche and would like to discuss doing things differently, or just want a reliable, experienced, senior property manager agency, contact us.
History Of Lutwyche
The Turrbal First Nations people are the traditional owners of most of the land north of the CBD, including Lutwyche and its surrounding suburbs. German missionaries began settling in this part of Brisbane in 1838 after they were given a 500-acre allotment of property along what is now Kedron Brook. The missionaries subsequently named the creek Kedron Brook after Kidron Valley near Jerusalem.
Lutwyche and surrounds was originally a farming and agricultural area. In 1859, Supreme Court judge Alfred Lutwyche arrived in Brisbane from New South Wales. He bought property along Kedron Brook and began building his house – Kedron Lodge – there in 1860. The area, the suburb, and the first main road into the area, were all named after him.
The suburb gradually developed into a residential area towards the end of the 1800’s and throughout the early 20th century. Today it is home to over 4,600 people.
Like most of the surrounding suburbs, Lutwyche enjoys easy access into the Brisbane CBD via several major arterial roads. Lutwyche is particularly well placed as it straddles Lutwyche Road, part of the Inner City Bypass, and one of Brisbane’s oldest major roads. Its intersection with Gympie Road forms the northeastern corner of Lutwyche. Brisbane Airport is only 15 minutes away via the Airport Link Tunnel.
The suburb also has good public transport options with access to the Northern Busway alongside Lutwyche Road. Wooloowin and Albion train stations on the Translink rail service into Brisbane are just a few minutes drive away.
Like other suburbs in this area, Lutwyche has experienced a growth in popularity with young professionals, fuelling a requirement for more housing. Unfortunately, this has meant that many of its lovely old Queenslanders have either been replaced with flats and units, or converted to multiple dwellings. Today, units, flats, apartments, semi-detached properties and the odd townhouse make up over 80% of the housing in Lutwyche whilst standalone homes have dropped to just 18%.
If you own a rental property, or rental properties, in Lutwyche and require professional property management services, contact the experienced property management team at Position One Property Managers.
Lutwyche provides its 4,610 (2021 census) locals with a good range of amenities. It has several shopping centres, a variety of food outlets and cafes, diverse healthcare services, a Jetts Gym, and several parks, playgrounds, and outdoor facilities.
Lutwyche has a small commercial hub located in the centre of the suburb on Lutwyche Road that offers a range of professional services to locals. The local shopping centre, Market Central Lutwyche Shopping Centre, has been refurbished and expanded. It now has 3 large supermarket chains plus many other major retailers. Toombul is also close by.
Various other small boutique shops are scattered around Lutwyche, adding another layer of convenience for locals.
From takeaways to fine dining, cafes, bistros, pubs, and a popular coffee company drive through – Lutwyche locals are spoilt for choice when it comes to dining out! The Crown Hotel on Lutwyche Road and Kedron Park Hotel on Kedron Park Road are particularly popular dining (and drinking) spots.
There is also a Nepalese restaurant, a kebab shop, the Fonzie-Abbott (coffee) drive through mentioned above. Several sushi shops, Chinese restaurants, and a selection of other local dining options round out the options!
A large percentage of Lutwyche residents are employed in healthcare and many of them probably work locally because Lutwyche has many excellent healthcare services and facilities. There are general practitioners, multidisciplinary practices, family health centres, specialists, aged care service providers, and a small animal vet…
The Royal Brisbane and Women’s Hospital can also be directly accessed via the Northern Buslink in neighbouring Kedron.
Parks and outdoor facilities
A strip of parks conveniently located between Kedron Brook and Lutwyche Road provide residents with access to plenty of outdoor options. There is also a playground at Bradshaw Park.
Cycling enthusiasts will especially appreciate the close proximity of Kedron Brook Bikeway. The Bikeway runs all the way along the western boundary. For those with 4-legged family members – Kedron Park Off Lead Dog Park and the Dog Beach – Kedron are also just a short walk, or drive, away.
There are no primary or secondary schools within Lutwyche but pre-primary aged residents are well catered for with the Lutwyche Windsor Kindergarten and Preschool, and Papilio Early Learning child care centre.
Lutwyche falls into 2 primary school catchment zones. Most of the north of the suburb is in the Wooloowin State School zone whilst the very southern section is in the heritage-listed Windsor State School zone.
Other primary school options for Lutwyche locals include:
- the private co-ed Holy Cross Primary School (Wooloowin),
- St Mary of the Cross co-ed primary school (Windsor),
- Kedron State School (Kedron),
- St Anthony’s School (Kedron), and
- Padua College (Kedron) for boys.
The whole of Lutwyche is in the Kedron State High School catchment zone. However, Mount Alvernia College (Kedron) offers an alternative secondary school option for girls. There is also the Windsor campus of Arethusa College. Arethusa College is a school for students who have trouble fitting into the mainstream schooling system.
Pick of the Suburbs
Lutwyche is very popular with rental tenants and provides some excellent opportunities for property investors looking for rental investments. It has a high number of young single professionals and young couples without children on good incomes. This suggests a degree of affluence and wealth that makes owning property here a very good investment prospect.
The median age of residents at the last census was 32. Some 60% of them have a full time job whilst a further 27% work part-time. Around 34% have professional occupations, and ~37% work in clerical, administration, community services, and management roles.
Two-bedroom homes dominate the Lutwyche housing scene, making up a whopping 58% of occupied residences. This may partly explain the high predominance of young singles and couples without children here.
Some 66% of the homes are also rented, more than double the number of privately owned homes (31%).
The median house price in Lutwyche is $1,180,000. Rental houses are fetching just under $600 a week on average in rental income.
Two-bedroom units are averaging $531,000 to buy, and return an average $485 in weekly rent.
Position One Property Management Professionals In Lutwyche
With such a high number of rentals and tenants in Lutwyche, owners of investment properties here need committed property management. At Position One, our primary focus is on providing our clients with just that – a hassle-free, seamless, and enjoyable experience.
We also offer:
- Expert knowledge of the Brisbane, and Lutwyche, rental market,
- Personal service,
- High standards of communication,
- Attention to detail,
- Prompt attention to all maintenance issues,
- Assistance with all sales, selling and leasing matters,
- Extensive network of contacts.
Find Your Perfect Property Manager At Position One Property Managers
Contact our property management team! Then, as a landlord, you’ll experience the difference a good property manager can make to owning an investment property. From rent reviews to leasing and dealing with your tenants/tenant. We strive to ensure your rental investment property is well-managed and well looked after.
Join the successful Position One family and see why we are Brisbane’s number One real estate and property manager specialists.