I've outlined the history of this beautiful suburb and have put together an interesting read for you:
Yeronga is a suburb located five kilometres south of central Brisbane, with an extensive shoreline along the Brisbane River. The name Yeronga is believed to have originated from the Aboriginal term "yerongpa," which refers to a sandy location.
In the late 1840s, Yeronga witnessed the emergence of farming, mainly due to the availability of a vast tract of undulating land along the river. The area behind the Brisbane Corso and towards Fairfield offered fertile ground for growing important crops such as maize, arrowroot, and potatoes. Following land sales in 1854, several riverside estates came into existence. The suburb's first primary school was established in 1867, followed by an infants' school (1871-1978).
Yeronga experienced significant urban development during the 1900s-10s, which saw the opening of a tennis club in Yeronga Park in 1909, followed by the formation of a bowling club in 1912. In 1915, the Ipswich Road tram line was extended to Yeronga Park, making transportation more accessible for residents. Yeronga Park became a local attraction, featuring an avenue of honour (1917), war memorial gates, and a mausoleum (1921). The northern section of the park was a showground, which was then transformed into the Yeronga High School site in 1960. In 1942, the park was temporarily converted into a US military camp, coinciding with the transformation of Rhyndarra into a Women's Army hospital.
In the early 2000s, Yeronga gained recognition as a prime real estate location, especially for its riverside properties. This was unsurprising, given that half of its borders face the water. The once run-down northern edge along Brisbane Corso was highly admired, with La Corniche at Paragon Street taking the top spot for being the first gated community in the area. In 2002, a new drive-in shopping centre - Yeronga Village was opened.
I've also sourced some recent Yeronga stats from REA:
As of last month, there were 40 properties available for rent and 32 properties for sale in Yeronga. Over the past year, the median property prices in Yeronga ranged from $1,367,000 for houses to $555,000 for units. For those seeking an investment property, houses in Yeronga can be rented out for $650 per week, with an annual rental yield of 2.7%, while units can be rented out for $480 per week, with a rental yield of 4.5%. Based on five years of sales, Yeronga has witnessed a compound growth rate of 5.8% for houses and 1.8% for units.
Thank you for taking the time to read, stay tuned for more updates!