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Bald Hills suburb profile

Bald Hills is a peaceful suburb located in the northern part of Brisbane, approximately 20km from the CBD. Known for its family-friendly atmosphere and community spirit, Bald Hills offers a mix of residential options, including traditional Queenslander homes and modern developments. The suburb is well-served by public transport, with a train station providing easy access to the city. Bald Hills is also home to several parks and recreational areas, including the Tinchi Tamba Wetlands, which offer opportunities for birdwatching and outdoor activities. Its blend of suburban tranquility and accessibility makes Bald Hills a desirable location for families and commuters.

Bald Hills property market performance

Current median dwelling price$760,500Past 3 months

Property growth+11.9%Past 12 months

Bald Hills has experienced notable growth in its property market over the past 12 months. House values have increased by 9.5%, with the current median house price reaching $905,000. Although the median unit price is not available, unit values have seen a significant rise of 14.3%, indicating strong demand in this segment.

Sales activity in Bald Hills has been moderate, with 22 houses and 4 units sold over the last 12 months. Houses are selling relatively quickly, with a median of 31 days on the market, while units are moving even faster at 21 days, suggesting a competitive market for units.

The rental market in Bald Hills has also shown positive trends, with house rents increasing by 4.8% and unit rents rising by 7.8% over the past year. The average rent for houses is $650, while units average $431, reflecting a healthy demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$905KN/A
Change in value
Past 12 months
9.5%14.3%
Sold
Past 3 months
224
Median days on market
Past 12 months
3121
Average rent
Past 12 months
$650$431
Change in rent
Past 12 months
4.8%7.8%

5 year median price trend for houses and units

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Bald Hills demographics

Bald Hills, located in the northern suburbs of Brisbane, is a family-friendly area known for its peaceful environment and community-oriented lifestyle. With a population of 7,000 and a median age of 36, it attracts a mix of young families and established residents who appreciate its suburban charm and proximity to the city. The suburb's median total household income of $1931 per week reflects a comfortable standard of living, making it an appealing choice for those seeking a balance between work and family life.

The housing landscape in Bald Hills is predominantly owner-occupied, with 26.9% of properties owned outright and 47.0% owned with a mortgage. This indicates a stable community with a strong sense of home ownership. Rental properties make up 26.0% of the housing market, providing options for those who prefer flexibility. The suburb's family-oriented nature is evident, with 45.0% of households being couple families with children, and 35.6% being couple families without children, highlighting its appeal to both growing families and couples.

Bald Hills offers a welcoming environment with a variety of local amenities, including parks, schools, and shopping centers, catering to the needs of its residents. The presence of one-parent families, making up 17.8% of the community, adds to the suburb's diverse family dynamics. With its blend of suburban tranquility and accessibility to Brisbane's urban offerings, Bald Hills is an attractive option for those looking to enjoy a relaxed yet connected lifestyle.

Bald Hills infrastructure, key developments and investment opportunities

Bald Hills is experiencing several developments that could impact its property market. The upcoming University of the Sunshine Coast campus in nearby Petrie, set to open in 2020, is expected to drive demand for housing in the area. Additionally, the suburb's proximity to the Pine River and abundance of green spaces, including the Tinchi Tamba Wetlands Reserve, continue to attract families and nature enthusiasts.

Recent infrastructure improvements, such as upgrades to local parks and the Personalised Public Transport (PPT) service, have enhanced livability in Bald Hills. The suburb's strategic location, with easy access to major roads like the Bruce Highway and Gateway Motorway, as well as regular train services, makes it attractive for commuters. These factors, combined with ongoing residential developments and the suburb's family-friendly atmosphere, are likely to sustain property demand and potentially drive price growth in Bald Hills.

Bald Hills rental market trends

The rental market in Bald Hills has experienced moderate growth, with house rents increasing by 4.8% over the past year to $650 per week, while unit rents have seen a more significant rise of 7.8% to $431 per week. This steady growth reflects the suburb's appeal, offering a balanced mix of affordability and convenience for both renters and investors.

Suburbs near Bald Hills

Some popular suburbs near Bald Hills include:

How does Bald Hills compare to nearby suburbs?

  • Median house prices: Bald Hills’s median house price is 8.4% higher than Strathpine’s.
  • Median unit prices: Bald Hills’s median unit price is 6.0% higher than Brendale’s.
  • House price growth: Over the past 12 months, house prices in Bald Hills have grown 0.4% higher than in Bridgeman Downs.
  • Unit price growth: Over the past 12 months, unit prices in Bald Hills have grown 2.4% higher than in Strathpine.
  • Selling speed for houses: Properties in Bald Hills are selling 39.2% faster than in Bridgeman Downs.
  • Selling speed for units: Properties in Bald Hills are selling 36.4% faster than in Strathpine.
  • Investment considerations: In Bald Hills, the rental yield for house is 3.7% lower than the Brisbane average, while the rental yield for units is 29.8% lower.
  • House price growth: Over the past 12 months, house prices in Bald Hills have grown 20.3% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Bald Hills have grown 5.3% lower than the average rate of growth for units across Brisbane.

Common questions about Bald Hills

  • Is Bald Hills a nice place to live?

    Bald Hills is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the northern part of Brisbane, it boasts a charming suburban vibe with a strong sense of community. The area is known for its peaceful atmosphere, making it ideal for families looking for a safe and welcoming neighborhood. With a variety of housing options, from traditional Queenslander homes to modern developments, Bald Hills caters to diverse preferences, ensuring that everyone can find a place that suits their lifestyle.

    One of the standout features of Bald Hills is its proximity to essential amenities. The suburb is well-connected by public transport, with a train station that provides convenient access to Brisbane's CBD, making it an attractive choice for commuters. Families will appreciate the local schools, parks, and shopping centers that cater to everyday needs. For those who enjoy the outdoors, the nearby Tinchi Tamba Wetlands offer a perfect escape for birdwatching and leisurely walks, adding to the suburb's appeal for nature enthusiasts.

    While Bald Hills offers a tranquil lifestyle, it does come with some trade-offs. The suburb may not have the bustling nightlife or trendy cafes found in inner-city areas, but it compensates with its relaxed pace and community-oriented lifestyle. Safety is generally not a concern, contributing to its appeal for families seeking a nurturing environment for their children. Overall, Bald Hills is a fantastic choice for those who value suburban tranquility, accessibility, and a strong sense of community, making it a nice place to live for families and individuals alike.

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  • Is it expensive to live in Bald Hills?

    Living in Bald Hills can be considered relatively affordable compared to other suburbs in the Brisbane area. The median house price is currently $830,000, and the median unit price is $616,250. These figures are quite reasonable compared to more central or coastal suburbs. For those considering renting, the average weekly rent for houses is $600, while units are slightly cheaper at $530 per week.

    When it comes to income, the average wage in Bald Hills is approximately $91,000 per year, which aligns with the average salary across Australia. Notably, the median weekly household income in Bald Hills is $1,931, which is higher than the Australian average. This suggests that many residents in Bald Hills have a comfortable income level, which helps balance the cost of living in the area.

    Overall, Bald Hills offers a good balance of affordability and quality of life. The suburb provides a more budget-friendly option for those looking to live within a reasonable distance from Brisbane's city center, all while maintaining a higher-than-average household income level. If you're thinking of living in Bald Hills, it could be a financially viable choice without compromising on 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.
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  • Is Bald Hills a good place to invest?

    Bald Hills is showing promising signs as a potential investment hotspot, particularly for those interested in units. Over the past year, the suburb has experienced a significant increase in median unit values, with a remarkable 36.7% growth. This surge indicates a strong demand for units, likely driven by affordability and lifestyle factors. While house values have also risen by 14.0%, the standout performance of units suggests a shift in buyer and renter preferences, making it an attractive option for investors looking to capitalize on this trend.

    Despite the impressive growth in property values, rental changes have been more moderate. House rents have remained stable, while unit rents have increased by 6.0% over the past year. This steady rental market, combined with the substantial rise in property values, suggests that Bald Hills is becoming increasingly desirable, potentially due to its community appeal and accessibility. For investors, this means there is an opportunity to benefit from capital growth while still achieving reasonable rental returns, particularly in the unit market.

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Choose the right real estate agents in Bald Hills

Choosing the right real estate agent in Bald Hills can have a big impact on your sale. While there are 56 real estate agents working in the suburb, but just 5 of them were responsible for 41.8% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3%, 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.

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