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Nudgee

POSTAL CODE: QLD, 4014
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,275,000.

The upward trend in home prices in NUDGEE, 4014 averaged 14.15% per annum over a 3-year period.

Average weekly rents on listings have reached the $790 mark, reflecting a 3.22% increase in returns based on the current median price in NUDGEE.

An average of 5.42 real estate transactions take place per month in NUDGEE which translates to 65 per annum.

65 properties were sold in NUDGEE in 2016, making it the 168th most active market in QLD based on total real estate transactions.

NUDGEE, 4014 places 827th in Australia based on median property value growth during the quarter.

Surburb overview

Nudgee, Queensland 4014, is a peaceful suburb approximately 13 kilometres north of Brisbane’s central business district (CBD). Known for its spacious residential areas and abundance of green spaces, Nudgee is a desirable suburb for families and professionals seeking a balance between suburban living and proximity to city amenities. As of the last census, the suburb had a population of around 3,593 residents, with a predominant age group of 30-39.

The housing market in Nudgee is strong, with a median property price of $1,045,000 for houses. Rental demand is robust, with median weekly rents of $735 for houses, providing rental yields of 3.71% for houses and 4.68% for units. Property values in Nudgee have experienced consistent growth, and houses typically spend an average of just 16 days on the market, reflecting the high demand for properties in the area.

Nudgee is well-connected through public transport, with the Nudgee railway station providing regular train services to Brisbane’s CBD and surrounding suburbs. Bus routes are also available, ensuring convenient commuting options for residents. Major roads such as Nudgee Road provide easy access to the Brisbane Airport and the Gateway Motorway.

The suburb offers a variety of amenities, including local shops, cafes, and parks. It is known for its outdoor recreational spaces, such as Nudgee Beach and the Nudgee Golf Course, making it an ideal location for outdoor enthusiasts. Educational facilities in the area include Earnshaw State College, catering to both primary and secondary education.

Nudgee’s tranquil environment, strategic location, and substantial property market make it a popular choice for families and investors looking for a stable and appealing suburb in Brisbane’s northern region.

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