Bracken Ridge

POSTAL CODE: QLD, 4017
HOUSE
UNIT

Property investors have seen a 3.14% gain in BRACKEN RIDGE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BRACKEN RIDGE, 4017 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $985,000

Profits averaged 9% per annum over a 3-year period, due to an upward trend in home prices in BRACKEN RIDGE, 4017.

This means, real estate investors could earn a rental income of $680 based on current median home prices for the suburb.

The gross rental yield in BRACKEN RIDGE, 4017 is 3.59%.

An average of 20.42 real estate transactions take place per month in BRACKEN RIDGE which translates to 245 per annum.

Surburb overview

Bracken Ridge, Queensland 4017, is a thriving northern suburb of Brisbane, approximately 18 kilometres from the central business district (CBD). Initially used for farming and agriculture in the 19th century, Bracken Ridge has transformed into a well-established residential suburb with a mix of older and newer properties, making it appealing to diverse residents.

The suburb has a population of around 16,943, with the predominant age group being 30-39 years. Most residents were born in Australia, and the suburb has a robust and family-friendly atmosphere, making it a popular choice for families and young professionals.

The real estate market in Bracken Ridge offers a variety of housing options, including detached houses, townhouses, and apartments. The median house price is currently around $840,000, with a rental yield of 4.01% for houses and 5.45% for units, reflecting strong investment potential. The suburb’s affordability and stable rental demand make it an attractive option for investors and first-time buyers.

Bracken Ridge is well-serviced by public transportation. A reliable bus network and proximity to the Gateway Motorway provide convenient access to the Brisbane CBD and surrounding areas. Local amenities include shopping centres like Bracken Ridge Plaza, schools like Bracken Ridge State School and Norris Road State School, and recreational facilities like the Bracken Ridge Swimming Pool.

With its affordable property options, excellent connectivity, and amenities, Bracken Ridge is a desirable suburb for residents and investors seeking long-term growth opportunities in Brisbane’s northern region.

You’re out of free articles for this month
Loading form...