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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:

Common questions about Bellbird Park

  • Is Bellbird Park a nice place to live?

    Bellbird Park is a delightful suburb that offers a charming blend of suburban tranquility and modern convenience, making it a wonderful place to live. Nestled in the Ipswich region, this suburb is known for its welcoming atmosphere and strong community spirit, which is particularly appealing to families. The lush greenery and abundance of parks provide a serene backdrop for outdoor activities, making it a haven for nature enthusiasts and those who enjoy a peaceful lifestyle.

    The suburb's vibe is characterized by a harmonious mix of established homes and new developments, catering to a diverse community. Families will find Bellbird Park particularly attractive due to its proximity to quality schools and childcare facilities, ensuring that educational needs are well met. Additionally, the suburb is conveniently located near shopping centers and public transport options, making daily errands and commutes hassle-free.

    Safety is generally not a major concern in Bellbird Park, contributing to its appeal as a family-friendly suburb. While it may not offer the bustling nightlife of inner-city areas, it compensates with a strong sense of community and a relaxed lifestyle. Residents can enjoy a variety of local cafes and restaurants, as well as easy access to larger entertainment hubs in nearby areas.

    However, living in Bellbird Park does come with some trade-offs. As the suburb continues to grow, residents may experience increased traffic and development-related disruptions. Additionally, while the suburb offers a peaceful environment, those seeking a more vibrant cultural scene might need to venture further afield. Despite these considerations, Bellbird Park remains a highly desirable location for those seeking a balanced lifestyle with a focus on family and community.

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  • Is it expensive to live in Bellbird Park?

    Living in Bellbird Park can be considered moderately expensive, especially when compared to other suburbs in the broader Queensland area. The current median house price in Bellbird Park is around $750,000, while the median unit price is $449,000. These figures suggest that purchasing a property here requires a significant financial commitment, although it is still more affordable than some of the more central or coastal suburbs.

    In terms of renting, the average rent for houses is $580 per week, and for units, it's $488 per week. These rental prices are relatively manageable, particularly when you consider the average annual wage in Bellbird Park is about $85,000. This income level aligns well with the median total household income of $1,746 per week, indicating that residents can generally afford the cost of living here without too much financial strain.

    Overall, Bellbird Park offers a balanced lifestyle with its housing market being slightly above average in price compared to other parts of Queensland. If you're thinking of living in Bellbird Park, it's important to weigh the cost of housing against your income to ensure it fits within your budget. The suburb provides a reasonable mix of affordability and lifestyle, making it an attractive option for many families and individuals.

    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 Bellbird Park a good place to invest?

    Bellbird Park is showing promising signs as a potential investment hotspot, particularly for those interested in rental properties. Over the past year, the suburb has experienced a significant 13.3% increase in median house values, indicating strong demand and potential for capital growth. While unit values have remained stable, the rental market for units has seen a remarkable 41.3% increase, suggesting a surge in demand for rental accommodation.

    The steady 5.5% rise in house rents further highlights the suburb's appeal to renters, making it an attractive option for investors seeking reliable rental income. Bellbird Park's combination of rising house values and strong rental demand, especially for units, positions it as a suburb with balanced investment opportunities. Investors looking for a mix of capital growth and rental yield might find Bellbird Park to be a compelling choice.

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