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One of Brisbanes more prestigious suburbs, Clayfield is located about 7km north-east of the CBD, near Ascot and Albion, and is home to many superbly restored Queenslanders. The suburb has seen the growth of medium density units, resulting in a strong rental market capitalising on the close proximity to the CBD, the airport and major transport routes. Despite this, housing still makes up the majority of accommodation in the area. A progression from older residents and retirees to young families and couples has seen residential development slowing with people opting for renovation of older housing. Clayfield residents have access to a wide variety of transport, services and retail facilities, either in the suburb itself or a short distance away.