Is Acacia Ridge a nice place to live?

Acacia Ridge is a charming suburb that offers a delightful blend of residential comfort and industrial vitality, making it a pleasant place to call home. Its proximity to Brisbane's CBD, combined with a variety of housing options, makes it an attractive choice for families, professionals, and retirees alike. The suburb is known for its strong community spirit and welcoming atmosphere, which is enhanced by the area's cultural diversity. Families will appreciate the abundance of parks and recreational facilities, providing ample opportunities for outdoor activities and relaxation. The suburb's vibe is a unique mix of suburban tranquility and bustling industrial activity, offering a balanced lifestyle. Acacia Ridge is well-connected by public transport and major roads, ensuring easy access to the city and surrounding areas. This connectivity, along with local amenities such as schools, shopping centers, and cafes, contributes to the suburb's livability. Safety is generally not a major concern, and the community initiatives and infrastructure improvements are gradually enhancing the area's reputation. For families, Acacia Ridge offers a supportive environment with a variety of educational options and recreational spaces. However, the suburb's industrial presence might not appeal to everyone, and some may find the mix of residential and industrial zones a trade-off. Additionally, while the area is experiencing positive developments, it may not yet have the same level of trendiness or nightlife as inner-city suburbs. Nonetheless, for those seeking an affordable, community-focused suburb with a promising future, Acacia Ridge is a lovely place to live.

Is it expensive to live in Acacia Ridge?

Living in Acacia Ridge can be considered relatively affordable compared to other Brisbane suburbs. The current median house price is $787,000, and for units, it's $551,250, which is quite reasonable when you compare it to the more expensive suburbs closer to the city. Renting is also on the affordable side, with the average rent for houses at $550 per week and units at $410 per week. When you look at the average wage in Acacia Ridge, which is $68,000 per year, it aligns closely with the Queensland average, making it manageable for residents to afford living expenses in this suburb. The median total household income weekly is $1,313, which suggests that many families in Acacia Ridge can comfortably manage their housing costs. Overall, Acacia Ridge offers a balance between affordability and accessibility, making it a viable option for those looking to live in Brisbane without the hefty price tag associated with inner-city living. If you are thinking of living in Acacia Ridge, it's a suburb that provides good value for money while still offering a comfortable lifestyle.

Is Acacia Ridge a good place to invest?

Acacia Ridge is showing promising signs as a potential investment hotspot, particularly for those interested in capital growth. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by 17.9% and unit values surging by an impressive 25.6%. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking to capitalize on property appreciation. While rental growth for houses has seen a modest increase of 5.8%, the rental market for units has remained stable with no change. This indicates that while rental yields might not be skyrocketing, the steady demand for housing provides a reliable income stream for property owners. Acacia Ridge's appeal lies in its balance of affordability and growth potential, making it a viable choice for investors seeking a mix of capital gains and rental income.

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Acacia Ridge suburb profile

Acacia Ridge is a well-established suburb located approximately 15km south of Brisbane's CBD, known for its industrial and residential mix. The suburb features a variety of housing options, from post-war homes to modern developments, catering to diverse demographics. Acacia Ridge is home to several parks and recreational facilities, providing ample green space for residents. The area is well-served by public transport, with easy access to major roads and highways, making commuting convenient. With a strong community spirit and a range of local amenities, Acacia Ridge offers a balanced lifestyle for families, professionals, and retirees.

Acacia Ridge property market performance

Current median dwelling price$740,500Past 3 months

Property growth+24.1%Past 12 months

Acacia Ridge's property market has shown robust growth over the past 12 months, with house values increasing by 14.1%. The current median house price stands at $860,000. Although there is no median unit price available, unit values have surged by 34.1%, indicating strong demand in this segment.

Sales activity has been active, with 29 houses and 6 units sold over the last 12 months. Houses are selling quickly, with a median of 22 days on the market, while units are moving even faster at 14 days, reflecting high buyer interest.

The rental market in Acacia Ridge has seen a moderate increase, with house rents rising by 7.5% to an average of $570. Unit rents have remained stable at $400, showing no change over the past year.

	Houses	Units
Median price Past 3 months	$860K	N/A
Change in value Past 12 months	14.1%	34.1%
Sold Past 3 months	29	6
Median days on market Past 12 months	22	14
Average rent Past 12 months	$570	$400
Change in rent Past 12 months	7.5%	-4.3%

5 year median price trend for houses and units

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Acacia Ridge demographics

Acacia Ridge, located in the southern suburbs of Brisbane, is a community known for its family-friendly environment and diverse population. With a population of 7,486 and a median age of 34, it is a suburb that attracts both young families and professionals. The area offers a blend of residential and industrial zones, providing ample employment opportunities within close proximity.

The suburb's housing landscape is varied, with a significant portion of properties being rented, accounting for 50.8% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both transient workers and those seeking short-term accommodation. Meanwhile, 20.1% of properties are owned outright, and 29.1% are owned with a mortgage, reflecting a stable base of long-term residents who have invested in the area.

Family dynamics in Acacia Ridge are diverse, with couple families with children making up 37.2% of the population, while couple families without children account for 31.7%. One-parent families also form a significant part of the community at 28.3%. This mix of family types contributes to a supportive and inclusive community atmosphere. The suburb's median household income of $1,313 per week is reflective of its working-class roots, with many residents employed in local industries and services.

Acacia Ridge infrastructure, key developments and investment opportunities

Acacia Ridge is experiencing some notable developments that may impact its property market. The suburb is set to benefit from the Cross River Rail project, with plans for a new station to be built after the completion of the main line. This improved public transport connectivity is likely to boost property values and attract new residents. Additionally, the Oxley Creek Transformation project, starting this year, will enhance recreational spaces and walking trails, making the area more appealing to families and outdoor enthusiasts.

The industrial sector in Acacia Ridge continues to thrive, with ongoing diversification into warehousing and non-manufacturing businesses. This economic activity is creating local job opportunities and supporting property demand. While the suburb has historically had a mixed reputation, recent community initiatives and infrastructure improvements are gradually changing perceptions, potentially leading to increased interest from homebuyers and investors in the coming years.

## Key Facts- Population: 7,486 (2021 census)- Location: 15 km south of Brisbane CBD- Median house price: Approximately $780,000- Median unit price: Approximately $555,000- Predominant age group: 20-29 years- Average household size: 2.7 people## Demographics- Cultural diversity with a mix of long-term residents and new migrants- 55.6% of residents born in Australia- Common ancestries: English, Australian, Irish, Scottish, Chinese- Median weekly household income: $1,148## Housing and Development- Mix of post-war housing, newer developments, and industrial areas- Primarily separate houses, with some apartments/townhouses- Ongoing residential developments and urban renewal projects## Education and Amenities- Several primary schools including Acacia Ridge State School- Nearby high schools in surrounding suburbs- Local shopping centers and proximity to larger retail hubs- Parks and recreational facilities, including Watson Road Park## Transport- Bus services connecting to Brisbane CBD- Nearby train stations at Coopers Plains and Salisbury- Easy access to major roads including Beaudesert Road and Ipswich Motorway## Economy- Strong industrial presence with warehousing and manufacturing- Proximity to Archerfield Airport- Growing commercial and retail sectorsAcacia Ridge offers relatively affordable housing options close to Brisbane, with ongoing infrastructure improvements potentially boosting its appeal to homebuyers and investors. The suburb's mix of residential and industrial areas provides diverse opportunities for both living and working.

Acacia Ridge rental market trends

The rental market in Acacia Ridge has experienced moderate growth, with house rents increasing by 7.5% over the past year to $570 per week, while unit rents have remained stable at $400 per week. This stability in unit rents, combined with the growth in house rents, highlights Acacia Ridge as a balanced market with potential for steady investment returns.

Suburbs near Acacia Ridge

Some popular suburbs near Acacia Ridge include:

How does Acacia Ridge compare to nearby suburbs?

Median house prices: Acacia Ridge’s median house price is 29.9% lower than Sunnybank Hills’s.
Median unit prices: Acacia Ridge’s median unit price is 0.2% higher than Doolandella’s.
House price growth: Over the past 12 months, house prices in Acacia Ridge have grown 2.4% higher than in Sunnybank Hills.
Unit price growth: Over the past 12 months, unit prices in Acacia Ridge have grown 21.3% higher than in Sunnybank Hills.
Selling speed for houses: Properties in Acacia Ridge are selling 43.6% faster than in Sunnybank Hills.
Selling speed for units: Properties in Acacia Ridge are selling 46.2% faster than in Calamvale.
Investment considerations: In Acacia Ridge, the rental yield for house is 15.6% lower than the Brisbane average, while the rental yield for units is 34.9% lower.
House price growth: Over the past 12 months, house prices in Acacia Ridge have grown 24.9% lower than the average rate of growth across Brisbane.
Unit price growth:Over the past 12 months, unit prices in Acacia Ridge have grown 11.8% lower than the average rate of growth for units across Brisbane.

Common questions about Acacia Ridge

Is Acacia Ridge a nice place to live?
Acacia Ridge is a charming suburb that offers a delightful blend of residential comfort and industrial vitality, making it a pleasant place to call home. Its proximity to Brisbane's CBD, combined with a variety of housing options, makes it an attractive choice for families, professionals, and retirees alike. The suburb is known for its strong community spirit and welcoming atmosphere, which is enhanced by the area's cultural diversity. Families will appreciate the abundance of parks and recreational facilities, providing ample opportunities for outdoor activities and relaxation.
The suburb's vibe is a unique mix of suburban tranquility and bustling industrial activity, offering a balanced lifestyle. Acacia Ridge is well-connected by public transport and major roads, ensuring easy access to the city and surrounding areas. This connectivity, along with local amenities such as schools, shopping centers, and cafes, contributes to the suburb's livability. Safety is generally not a major concern, and the community initiatives and infrastructure improvements are gradually enhancing the area's reputation.
For families, Acacia Ridge offers a supportive environment with a variety of educational options and recreational spaces. However, the suburb's industrial presence might not appeal to everyone, and some may find the mix of residential and industrial zones a trade-off. Additionally, while the area is experiencing positive developments, it may not yet have the same level of trendiness or nightlife as inner-city suburbs. Nonetheless, for those seeking an affordable, community-focused suburb with a promising future, Acacia Ridge is a lovely place to live.
Is it expensive to live in Acacia Ridge?
Living in Acacia Ridge can be considered relatively affordable compared to other Brisbane suburbs. The current median house price is $787,000, and for units, it's $551,250, which is quite reasonable when you compare it to the more expensive suburbs closer to the city. Renting is also on the affordable side, with the average rent for houses at $550 per week and units at $410 per week.
When you look at the average wage in Acacia Ridge, which is $68,000 per year, it aligns closely with the Queensland average, making it manageable for residents to afford living expenses in this suburb. The median total household income weekly is $1,313, which suggests that many families in Acacia Ridge can comfortably manage their housing costs.
Overall, Acacia Ridge offers a balance between affordability and accessibility, making it a viable option for those looking to live in Brisbane without the hefty price tag associated with inner-city living. If you are thinking of living in Acacia Ridge, it's a suburb that provides good value for money while still offering a comfortable lifestyle.
Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Acacia Ridge a good place to invest?
Acacia Ridge is showing promising signs as a potential investment hotspot, particularly for those interested in capital growth. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by 17.9% and unit values surging by an impressive 25.6%. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking to capitalize on property appreciation.
While rental growth for houses has seen a modest increase of 5.8%, the rental market for units has remained stable with no change. This indicates that while rental yields might not be skyrocketing, the steady demand for housing provides a reliable income stream for property owners. Acacia Ridge's appeal lies in its balance of affordability and growth potential, making it a viable choice for investors seeking a mix of capital gains and rental income.

Choose the right real estate agents in Acacia Ridge

Choosing the right real estate agent in Acacia Ridge can have a big impact on your sale. While there are 63 real estate agents working in the suburb, but just 5 of them were responsible for 50.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.44% to 3.04%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.