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Acacia Ridge

POSTAL CODE: QLD, 4110
HOUSE

ACACIA RIDGE, 4110 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling ACACIA RIDGE, 4110 values up and netting property investors a capital gain of 10.83% for the past year.

Investors saw the median home price rise to $870,000.

Profits due to an upward trend in home prices in the suburb averaged 11.49% per annum over a 3-year period.

ACACIA RIDGE now ranks at the 460th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $590 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ACACIA RIDGE, homes and units usually stay on listing for an average of 29 days.

In 2016, 126 properties were sold in ACACIA RIDGE during the past year, making it the 867th most active market in QLD based on total real estate transactions.

Surburb overview

Acacia Ridge is a suburb of Brisbane, Queensland, Australia. Approximately 15.7 km south of the city's central business district (CBD). 

According to the 2021 census, Acacia Ridge had a population of 7,486 people, with a median age of 34. The suburb is characterised by a diverse community, with 61.6% of residents born in Australia and notable populations from New Zealand, India, the Philippines, and Vietnam. 

Acacia Ridge enjoys excellent transport connections, providing residents easy access to the Brisbane CBD and other key destinations in Queensland. A network of buses serves the suburb, and nearby Salisbury and Coopers Plains train stations offer links to the broader region. 

The suburb offers a range of amenities, including shopping centres such as Acacia Marketplace Shopping Centre, which provides residents with access to retail and dining options. Educational institutions in the area include Acacia Ridge State School and Our Lady of Fatima Catholic Primary School, catering to the needs of families with children. 

Acacia Ridge is home to one of Brisbane's few ice skating rinks, providing a unique recreational activity for residents and visitors. The suburb also features several parks and green spaces, offering opportunities for outdoor leisure and community events. 

As of recent reports, the median property price for a house in Acacia Ridge is approximately $758,000, with an annual capital growth of 17.52%. Rental yields for houses are around 3.89%, with a median rent of $545 per week. The suburb has experienced steady population growth, indicating a strong demand for housing in the area. 

Acacia Ridge's blend of residential and industrial areas, proximity to the CBD, and comprehensive amenities make it a desirable suburb in Brisbane. The diverse community and modern conveniences offer residents a balanced and dynamic living experience.  

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