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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 significant growth in its property market over the past 12 months. House values have surged by 16.2%, with the median house price now at $915,000. Units have seen an even more impressive increase of 27.5%, bringing the median unit price to $646,000. This reflects a strong demand for both property types in the area.

Sales activity has been robust, with 65 houses and 10 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, indicating a competitive market environment.

The rental market in Bracken Ridge has also seen notable changes, with average rents for houses increasing by 8.3% and units by 8.1% over the last 12 months, highlighting a strong demand for rental properties in the suburb.

Median price - houses$921KPast 3 months

Median price - units$650KPast 3 months

Change in value - houses16.2%12 months

Change in value - units27.3%12 months

Houses sold53Past 3 months

Units sold10Past 3 months

Median DOM - houses10Past 12 months

Median DOM - units12Past 12 months

Average rent - houses$650Past 12 months

Average rent - units$610Past 12 months

Change in rent - houses6.6%Past 12 months

Change in rent - units8.9%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 has experienced steady growth, with house rents increasing by 8.3% over the past year to $650 per week, while unit rents have risen by 8.1% to $600 per week. This suburb continues to attract renters and investors alike, thanks to its appealing blend of affordability and proximity to key amenities.

Suburbs near Bracken Ridge

Some popular suburbs near Bracken Ridge include:

Common questions about Bracken Ridge

  • Is Bracken Ridge a nice place to live?

    Bracken Ridge is a delightful suburb that offers a charming blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its welcoming and community-oriented atmosphere, it provides a peaceful environment that is perfect for families. The suburb is well-equipped with a variety of amenities, including parks, recreational facilities, and local shopping options, ensuring that residents have everything they need close at hand. The presence of several schools and a TAFE campus highlights its appeal to families looking for quality educational opportunities.

    The vibe in Bracken Ridge is relaxed and friendly, with a strong sense of community that makes it easy for newcomers to feel at home. The suburb's proximity to major transport routes, including the Gateway Motorway, ensures that residents can easily access Brisbane's CBD and surrounding areas, making it a convenient choice for commuters. While it may not offer the bustling nightlife of inner-city areas, Bracken Ridge compensates with its serene environment and family-friendly amenities.

    Safety is generally not a major concern in Bracken Ridge, contributing to its appeal as a family-friendly suburb. The area is characterized by a mix of modern homes and established residences, catering to a diverse range of residents. However, one trade-off of living in Bracken Ridge might be the ongoing infrastructure developments, which, while promising improved amenities, could temporarily impact traffic and local convenience.

    Overall, Bracken Ridge is a wonderful place for families and those seeking a suburban lifestyle with easy access to city conveniences. Its combination of community spirit, accessibility, and amenities makes it a highly desirable location for a diverse range of residents.

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  • Is it expensive to live in Bracken Ridge?

    Living in Bracken Ridge can be considered moderately expensive, especially when you look at the current property market. The median house price is around $915,000, while units are priced at about $646,000. These figures suggest that purchasing property in Bracken Ridge requires a significant financial commitment, particularly when compared to some other suburbs in the Brisbane area.

    Renting in Bracken Ridge also reflects this trend, with average rents for houses at $650 per week and units at $600 per week. When you consider the average annual wage in Bracken Ridge is approximately $85,000, a substantial portion of income would be allocated to housing costs, whether buying or renting. This can make it challenging for those earning average wages to comfortably manage their living expenses.

    Overall, while Bracken Ridge offers a pleasant suburban lifestyle with its amenities and community feel, the cost of living, particularly in terms of housing, is relatively high. If you are thinking of living in Bracken Ridge, it's important to evaluate your financial situation to ensure it aligns with the expenses associated with residing in this suburb.

    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 Bracken Ridge a good place to invest?

    Bracken Ridge is showing promising signs as a suburb worth considering for investment. Over the past year, the area has experienced a significant increase in property values, with median house values rising by 16.2% and unit values surging by an impressive 27.5%. This upward trend indicates strong demand and a healthy real estate market, making it an attractive option for potential investors.

    In addition to the rise in property values, rental yields in Bracken Ridge have also seen positive growth. Rent for houses has increased by 8.3%, while units have seen a similar rise of 8.1%. This suggests a robust rental market, providing investors with the potential for steady rental income. The combination of rising property values and rental income growth makes Bracken Ridge a compelling choice for those looking to invest in real estate.

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