Stafford

POSTAL CODE: QLD, 4053
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 $1,295,500.

The upward trend in home prices in STAFFORD, 4053 averaged 14.92% per annum over a 3-year period.

Average weekly rents on listings have reached the $715 mark, reflecting a 2.87% increase in returns based on the current median price in STAFFORD.

An average of 10.17 real estate transactions take place per month in STAFFORD which translates to 122 per annum.

122 properties were sold in STAFFORD in 2016, making it the 892nd most active market in QLD based on total real estate transactions.

STAFFORD, 4053 places 462nd in Australia based on median property value growth during the quarter.

Surburb overview

Stafford, situated approximately 7 kilometres north of Brisbane’s CBD, is a well-established residential suburb known for its blend of character homes and modern developments. The suburb has a population of around 6,544 people, with the predominant age group being 20-29. This demographic and many professionals and young families contribute to the area’s dynamic and evolving community.

The housing market in Stafford has experienced steady growth, with the median house price currently around $1,070,250. The median rent is $650 per week for houses and $575 per week for units, reflecting rental yields of 3.36% for houses and 5.27% for units, making it an appealing area for homebuyers and investors.

Stafford offers easy access to public transport, with several bus routes serving the area. Approximately 12.1% of residents use buses daily, making it a popular option for those working in the Brisbane CBD. The suburb is also well-serviced by various local amenities, including parks, shops, and schools. The area has a mix of low-density residential zones and recreational spaces, appealing to families and those seeking a suburban lifestyle close to the city.

With its proximity to the city, community facilities, and continued growth in property values, Stafford is becoming a desirable location for a wide range of residents.

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