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“Westlake, Middle Park and Jindalee have all had significant declines over the last decade and many of the other suburbs have had significant population declines even within the last year. “It’s very rare to get this many suburbs right next to each other, in a capital city, with such significant population declines. It’s fascinating.” A Jindalee home typical of its era. Photo: Place Estate Agents While it may be a rare occurrence, it’s not an indictment on the area’s liveability – rather, the suburbs are nearing the end of their life cycle, Mr McCrindle says. Related: Where home ownership has declined the most “There’s nothing wrong with these suburbs – there’s amenities, they’re nice places – what’s happened is the household structures have changed. The median age of residents in these suburbs is much older than the rest of Brisbane,” he says. “Amazingly, all of the suburbs are almost all four-bedroom homes. So we have a massive housing capacity, with an ageing population, where the children have grown up here and left home … the average number of residents per room is less than one person per room. “You could say this is the ‘spare room central’ of Brisbane.” ABS data shows the Centenary suburbs fell 0.8 per cent during the 12 months between 2015 to 2016 alone, decreasing from 34,128 residents to 33,863. Mr McCrindle says these suburbs are largely homogenous, which is why the population has declined together.

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