Bracken Ridge suburb profile
Bracken Ridge is a family-friendly suburb located approximately 18km north of Brisbane's CBD, known for its welcoming community and suburban appeal. The area features a mix of modern homes and established residences, catering to a diverse range of residents. Bracken Ridge offers excellent educational facilities, including several schools and a TAFE campus, making it an attractive choice for families. The suburb is well-serviced by public transport and major roadways, providing easy access to the city and surrounding areas. With its parks, recreational facilities, and local shopping options, Bracken Ridge is a convenient and pleasant place to live.
Bracken Ridge property market performance
Bracken Ridge has experienced a robust property market over the past 12 months, with significant growth in both house and unit values. House prices have surged by 17.4%, reaching a median of $960,000, while unit prices have seen an even more impressive increase of 26%, with a median of $650,000. This indicates strong demand across both property types.
Sales activity has been active, with 42 houses and 7 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 10 days on the market and units 12 days, reflecting a competitive market environment.
The rental market in Bracken Ridge has also seen notable changes, with house rents increasing by 6.5% and unit rents by 9.8% over the last year. This suggests a strong rental demand, particularly for units, in the area.
Median price - houses$960KPast 3 months
Median price - units$650KPast 3 months
Change in value - houses17.4%12 months
Change in value - units26.0%12 months
Houses sold42Past 3 months
Units sold7Past 3 months
Median DOM - houses10Past 12 months
Median DOM - units12Past 12 months
Average rent - houses$660Past 12 months
Average rent - units$615Past 12 months
Change in rent - houses6.5%Past 12 months
Change in rent - units9.8%Past 12 months
Bracken Ridge demographics
Bracken Ridge, located in the northern suburbs of Brisbane, is a family-friendly area known for its community-oriented atmosphere and convenient access to both urban amenities and natural attractions. With a population of 17,488 and a median age of 37, the suburb is home to a balanced mix of young families, professionals, and long-term residents. The median total household income of $1,972 per week reflects a comfortable standard of living, making it an attractive option for those seeking a suburban lifestyle with city conveniences.
The suburb's housing market is characterized by a high rate of home ownership, with 29.9% of properties owned outright and 45.5% owned with a mortgage. This stability is complemented by a rental market that accounts for 24.5% of properties, catering to those who prefer flexibility. Bracken Ridge's family-oriented nature is evident in its demographic composition, with 47.2% of households being couple families with children, and 34.2% being couple families without children. One-parent families make up 16.9% of the community, highlighting the suburb's inclusive environment.
Bracken Ridge offers a range of amenities, including schools, parks, and shopping centers, making it a convenient and appealing place for families. The suburb's proximity to major transport routes ensures easy access to Brisbane's CBD and surrounding areas, while its community events and recreational facilities foster a strong sense of belonging among residents. Overall, Bracken Ridge presents a harmonious blend of suburban tranquility and urban accessibility, making it a desirable location for a diverse range of residents.
Bracken Ridge infrastructure, key developments and investment opportunities
Bracken Ridge is experiencing several developments that could impact its property market. The Emily Seebohm Aquatic Centre, which opened in 2016, continues to be a major drawcard for families. Recent upgrades to local schools, including Bracken Ridge State School, are enhancing educational facilities in the area. The ongoing redevelopment of Bracken Ridge Plaza is set to provide improved retail and dining options for residents.
Infrastructure improvements include planned upgrades to Telegraph Road to ease traffic congestion. The suburb's proximity to the Gateway Motorway and public transport options like the Bracken Ridge bus interchange maintain its appeal for commuters. With its mix of established homes and newer developments, combined with community facilities and green spaces, Bracken Ridge is likely to remain an attractive option for families and first-home buyers in Brisbane's northern suburbs.
Bracken Ridge rental market trends
The rental market in Bracken Ridge is experiencing steady growth, with house rents increasing by 6.5% over the past year to $660 per week, while unit rents have seen a more significant rise of 9.8% to $615 per week. This suburb continues to attract renters and investors alike, thanks to its appealing mix of affordability and accessibility to Brisbane's amenities.
Suburbs near Bracken Ridge
Some popular suburbs near Bracken Ridge include: