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Bracken Ridge real estate and property market

Bracken Ridge, a suburb located in Queensland, Australia, presents a diverse property market that caters to a range of buyers and investors. Known for its blend of lifestyle amenities, community focus, and economic potential, Bracken Ridge stands out as a key player in the Brisbane property landscape. 

The suburb offers the allure of suburban living with the convenience of proximity to the city, making it an attractive option for families and professionals alike.

Bracken Ridge market performance and demographics

The Bracken Ridge property market has exhibited mixed trends recently. The median sale price for houses is approximately $761,500, experiencing a slight decrease of -1.10% over the past year. 

In contrast, the unit market in Bracken Ridge has been more dynamic, with a median price of $480,000 and an impressive growth of 15.38% in the same period. This trend indicates a growing interest in more affordable and low-maintenance living options like units​​.

In the last 12 months, Bracken Ridge has recorded a significant number of sales, with 223 houses and 47 units sold. Houses typically spent about 17 days on the market, while units had a slightly quicker turnover at 15 days. This data suggests a healthy demand for properties in Bracken Ridge, with units showing particular appeal due to their affordability and practicality for various demographics​​.

The population of Bracken Ridge experienced a modest increase from 2011 to 2016, reaching 16,943 residents. The suburb's median age is 36, indicating a diverse age demographic. The median household income in 2016 was $1,693 per week, showing a healthy economic status among the residents. Most of the population in Bracken Ridge are professionals, reflecting the suburb's appeal to working families and individuals​​.

The population of Bracken Ridge experienced a modest increase from 2011 to 2016, reaching 16,943 residents. The suburb's median age is 36, indicating a diverse age demographic. The median household income in 2016 was $1,693 per week, showing a healthy economic status among the residents. 

Most of the population in Bracken Ridge are professionals, reflecting the suburb's appeal to working families and individuals​​.

Median price - houses$813,182Past month

Median price - units$514,852Past month

Change in value - houses-1.69%12 months

Change in value - units8.89%12 months

Houses sold223Past 12 months

Units sold47Past 12 months

Median DOM - houses1712 months

Median DOM - units1512 months

Bracken Ridge key developments and investment opportunities

Economic and infrastructure developments in the Brisbane region positively impact Bracken Ridge. The suburb benefits from its proximity to major employment hubs and a well-connected transport network, enhancing its desirability as a residential area.

Rental market and economic factors

The rental market in Bracken Ridge is robust, especially for units. Units offer a high rental yield of 5.40%, with a median rent of $550 per week. Houses also present a solid investment opportunity, with a rental yield of 4.28% and a median rent of $600. These figures indicate a strong rental market in Bracken Ridge, making it an appealing suburb for property investors​​.

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Selecting the appropriate real estate agent is essential in the Bracken Ridge property market. While there are numerous agents active in the suburb, identifying one who specialises in selling properties similar to yours can be a challenge. Utilise OpenAgent to smartly compare the leading agents in Bracken Ridge, ensuring you enter the market with assurance and the best possible representation.

Bracken Ridge suburb profile

Bracken Ridge, a suburb in Brisbane, is celebrated for its community-oriented lifestyle that harmoniously blends urban conveniences with natural settings. This area is attractive to both families and individuals due to its comfortable living environment, marked by a blend of city amenities and peaceful suburban life. 

The suburb stands out for its engaging community events, local sports clubs, and active neighbourhood groups, all of which nurture a strong sense of connection and participation among its residents. Contributing to its appeal as a family-friendly location are the numerous parks and schools. 

Additionally, Bracken Ridge is home to a diverse population, enriching its cultural tapestry and fostering a united and supportive community. In line with many Brisbane suburbs, 

Bracken Ridge is increasingly adopting sustainable development practices, striving to maintain a balance between urban expansion and environmental conservation to ensure a lasting and sustainable future for the community.

Suburbs near Bracken Ridge

Some popular suburbs close to Bracken Ridge include:

  • Taigum: This suburb is recognised for its stable, family-oriented community, presenting potential for long-term residential investments.
  • Zillmere: A short distance from Bracken Ridge, Zillmere offers diverse residential opportunities, with its community-centric environment making it attractive for steady rental demand.
  • Bridgeman Downs: Renowned for its larger homes and spacious settings, this suburb provides an upscale market for investors seeking properties in serene, yet accessible locations.
  • Bald Hills: Sharing a boundary with Bracken Ridge, Bald Hills is appealing for its blend of natural scenery and suburban comfort, suitable for investors eyeing growth in lifestyle-driven property markets.
  • Fitzgibbon: With recent development and modern housing, Fitzgibbon is a suburb on the rise, offering contemporary investment opportunities close to Bracken Ridge.

Common questions about Bracken Ridge

  • Is Bracken Ridge a good place to invest?

    Bracken Ridge offers investment potential, with a 6.86% increase in median house prices over the past year, indicating strong growth in the housing market. The average annual growth rate for houses in Bracken Ridge is 4.99%, pointing to substantial growth. Rental yields are attractive, with a median weekly rent of $490 for houses, making it appealing for investors looking for rental income. The suburb's affordability compared to some neighbouring areas adds to its investment appeal​​​​.

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  • Is Bracken Ridge expensive to live in?

    Bracken Ridge provides a relatively affordable cost of living compared to some neighbouring suburbs. The median house price in Bracken Ridge is $615,000. Rental yields for houses are around 4.15%. This affordability, combined with its amenities and accessibility, makes Bracken Ridge an attractive choice for those seeking value for money​​.

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  • What is the liveability of Bracken Ridge?

    Bracken Ridge is known for its family-friendly environment and accessibility. It offers easy access to schools, parks, and shopping centres like Bracken Ridge Plaza. The suburb provides a comfortable living environment with a mix of residential and commercial areas. While it may not have a bustling nightlife, Bracken Ridge appeals to those seeking a balance between affordability and convenience with access to public transport options and natural reserves like the Boondall Wetlands​​.

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