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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

Bald Hills has experienced significant growth in its property market over the past 12 months. House values have increased by 14%, with the median house price now at $830,000. Units have seen an even more dramatic rise, with values up by 36.7%, bringing the median unit price to $616,250. This indicates a strong demand for both property types in the area.

Sales activity has been moderate, with 24 houses and 4 units sold in the past three months. Houses are selling quickly, with a median of just 9 days on the market, while units are taking slightly longer at 12 days, reflecting a brisk market pace.

The rental market in Bald Hills has shown varied trends, with house rents remaining stable over the last 12 months, while unit rents have increased by 6%, suggesting a growing demand for rental units in the suburb.

Median price - houses$835KPast 3 months

Median price - units$616KPast 3 months

Change in value - houses14.7%12 months

Change in value - units35.7%12 months

Houses sold25Past 3 months

Units sold2Past 3 months

Median DOM - houses9Past 12 months

Median DOM - units12Past 12 months

Average rent - houses$600Past 12 months

Average rent - units$550Past 12 months

Change in rent - housesN/APast 12 months

Change in rent - units10.0%Past 12 months

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 shown stability, with house rents remaining unchanged at $600 per week over the past year. Meanwhile, unit rents have experienced a 6% increase, reaching $530 per week. This steady growth in unit rents, coupled with the suburb's family-friendly environment and accessibility, makes Bald Hills an attractive option for renters seeking value and convenience.

Suburbs near Bald Hills

Some popular suburbs near Bald Hills include:

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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