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: