Bellbird Park suburb profile
Bellbird Park is a rapidly growing suburb located in the City of Ipswich, approximately 30km southwest of Brisbane's CBD. Known for its family-friendly atmosphere, the suburb offers a mix of established homes and new developments, catering to a diverse range of residents. Bellbird Park is surrounded by natural beauty, with numerous parks and green spaces providing ample recreational opportunities. The suburb is well-served by local amenities, including schools, shopping centers, and public transport options, making it a convenient choice for families and professionals. Its blend of suburban tranquility and accessibility continues to attract new residents seeking a balanced lifestyle.
Bellbird Park property market performance
Bellbird Park's property market has shown notable growth, particularly in the housing sector. Over the past 12 months, house values have surged by 13.3%, with the median house price now at $750,000. In contrast, unit values have remained stable, with no change over the same period, maintaining a median price of $449,000.
Sales activity has been robust, with 57 houses and 8 units sold in the past 12 months. Both houses and units are moving quickly, with a median of just 14 days on the market, indicating strong demand across the board.
The rental market in Bellbird Park has experienced significant shifts, particularly for units, which have seen a remarkable 41.3% increase in rent over the last 12 months. House rents have also risen, albeit more modestly, by 5.5%, reflecting a dynamic rental environment.
Median price - houses$755KPast 3 months
Median price - units$510KPast 3 months
Change in value - houses15.3%12 months
Change in value - units6.5%12 months
Houses sold58Past 3 months
Units sold12Past 3 months
Median DOM - houses14Past 12 months
Median DOM - units13.5Past 12 months
Average rent - houses$590Past 12 months
Average rent - units$488Past 12 months
Change in rent - houses7.3%Past 12 months
Change in rent - units39.3%Past 12 months
Bellbird Park demographics
Bellbird Park, located in Queensland's Ipswich region, is a suburb that offers a blend of suburban tranquility and family-friendly amenities. With a population of 9,191 and a median age of 31, it is a youthful community that attracts young families and professionals. The suburb's proximity to schools, parks, and shopping centers makes it an appealing choice for those seeking a balanced lifestyle.
The housing landscape in Bellbird Park is diverse, with a significant portion of properties being rented, accounting for 44.5% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both young families and individuals. Meanwhile, 40.7% of properties are owned with a mortgage, reflecting a stable community of homeowners investing in the area. The presence of 14.8% of homes owned outright suggests a mix of long-term residents and retirees who appreciate the suburb's peaceful environment.
Family dynamics in Bellbird Park are varied, with couple families with children making up 47.3% of the population, highlighting the suburb's family-oriented nature. Additionally, 29.8% of families are couples without children, and 21.6% are one-parent families, showcasing a diverse community structure. The median total household income of $1,746 per week supports a comfortable lifestyle, making Bellbird Park an attractive option for those seeking affordability without sacrificing convenience and quality of life.
Bellbird Park infrastructure, key developments and investment opportunities
Bellbird Park is experiencing significant growth and development that may impact its property market. The suburb is set to welcome a new primary school, Bellbird Park State School, which was originally scheduled to open in January 2024 but has been delayed due to construction setbacks caused by severe weather. This new educational facility, once completed, is likely to increase the area's appeal to families and potentially boost property values in the vicinity.
The suburb has seen steady population growth, with the 2021 census reporting 9,191 residents, up from 6,736 in 2016. This growth is supported by ongoing residential development and the recent opening of Bellbird Park State Secondary College in 2017. The area's proximity to Springfield CBD and easy access to the M2 and M5 motorways enhances its attractiveness to homebuyers and investors. With its blend of green spaces, family-friendly amenities, and ongoing infrastructure improvements, Bellbird Park is positioning itself as an increasingly desirable suburb in the Ipswich region.
Bellbird Park rental market trends
The rental market in Bellbird Park has experienced significant changes, with house rents increasing by 5.5% over the past year to $580 per week. Unit rents have seen a remarkable surge of 41.3%, reaching $488 per week. This growth reflects strong demand and highlights Bellbird Park as an attractive option for renters and investors seeking opportunities in a rapidly evolving suburb.
Suburbs near Bellbird Park
Some popular suburbs near Bellbird Park include: