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Shorncliffe

POSTAL CODE: QLD, 4017
HOUSE

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

A survey of average capital gains or median home price increase in suburbs across the country shows that SHORNCLIFFE, 4017 obtained a 9.51% growth over a ten-year period. It ranks 219th on our list of suburbs that property investors should look into.

SHORNCLIFFE, 4017 in QLD belongs to the local government area of Brisbane.

SHORNCLIFFE, 4017 has a capital gain of -8.46% for the past year, which is lower than average compared to its 76.29% growth within a five-year period.

With the median home price in SHORNCLIFFE sitting at $1,542,500, and the average rent at $875, property owners could potentially earn a 2.95% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SHORNCLIFFE are low, as opposed to average gains per annum over the past five years.

Surburb overview

Shorncliffe, Queensland 4017, is a charming coastal suburb about 20 kilometres northeast of Brisbane’s central business district (CBD). It is known for its scenic location along Bramble Bay, historic homes, and community-oriented atmosphere. As of the 2021 census, the suburb had a population of approximately 1,907 people, with a median age of 43. The predominant demographic in Shorncliffe consists of families and professionals, many of whom are employed in professional occupations.

The real estate market in Shorncliffe is characterised by its mix of historical and contemporary homes. The median house price is around $1,400,000, and the suburb has experienced a 7.69% growth in property values over the past year. Rental properties are in high demand, with a median rent of $870 per week for houses, yielding a rental return of around 3.06%. Most properties are separate houses, and a significant portion of the suburb is zoned for Character Residential, making it an appealing choice for those seeking heritage-style homes.

Shorncliffe is well-connected through public transport, with the Shorncliffe train station providing direct access to Brisbane’s CBD. The area is also known for its outdoor recreational facilities, including the Shorncliffe Pier, Moora Park, and the Sandgate Golf Club, attracting locals and visitors. Educational institutions in the area include Shorncliffe State School and St. Patrick’s College, a Catholic primary and secondary school for boys.

The suburb’s proximity to the bay and historic significance make Shorncliffe desirable for families and retirees seeking a peaceful coastal lifestyle. The area’s natural beauty, community amenities, and accessibility contribute to its strong appeal within Brisbane’s northern suburbs.

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