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Bray Park real estate and property market

Bray Park, nestled in Queensland, Australia, presents a unique and stable property market. Despite a slight decline in median house prices, the suburb remains attractive due to its ideal blend of suburban charm and accessibility to urban amenities. Bray Park's market dynamics are influenced by the broader trends in Brisbane, drawing in a diverse array of buyers and investors.

Bray Park stands out as a suburb that prides itself on its strong sense of community and family-friendly environment. It's a place where essential amenities such as parks, schools, and shopping centres are readily available. This suburb is perfect for those who value a balance of peaceful suburban living with convenient access to urban facilities.

Bray Park market performance and demographics

The median house price in Bray Park is approximately $660,000, reflecting a -2.22% change over the past year. This adjustment suggests a market recalibration, potentially making it an opportune time for buyers. Despite this, the quick average sale time of 16 days for houses indicates sustained demand, particularly from families and professionals.

Bray Park has witnessed robust sales activity, particularly in the housing sector, with 173 houses sold in the last year. The brisk average time on the market for houses underscores a consistent interest in family residences, influenced by the suburb's appeal to growing families and first-home buyers.

Median price - houses$663,460Past month

Median price - unitsN/APast month

Change in value - houses-2.42%12 months

Change in value - unitsN/A12 months

Houses sold173Past 12 months

Units sold2Past 12 months

Median DOM - houses1612 months

Median DOM - unitsN/A12 months

Key developments and investment opportunities in Bray Park

The suburb's proximity to major employment hubs, such as Brisbane's central business district, plays a pivotal role in enhancing its residential appeal. 

Significant infrastructure developments, like the expansion of nearby business districts, have further bolstered Bray Park's attractiveness. For instance, the recently upgraded public transport links, including a new train station, have improved commuters' connectivity to major employment centres, making it an ideal location for those working in Brisbane's central business district.

Rental market and economic factors

The rental yield in Bray Park for houses stands at 4.48%, with a median rent of $560. This yield, coupled with the suburb's growing popularity, presents a compelling opportunity for investors, especially those looking at long-term rental income.

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Find and compare the best real estate agents in Bray Park

In Bray Park, a suburb known for its dynamic real estate market, finding the right agent is essential. The local agents are not just experienced but also deeply familiar with Bray Park's unique market trends. These professionals offer not only invaluable insights but also tailored assistance, ensuring clients can navigate both the investment and residential sectors effectively.

Bray Park suburb profile

With a population of 10,226 in 2016, Bray Park has experienced a 2.20% growth since 2011. The suburb's diverse demographic, including a substantial number of residents in the 30-39 age group, highlights its appeal to young families and professionals. For instance, the presence of young families is exemplified by the growth of childcare facilities in the area, meeting the needs of the increasing number of young parents.

Bray Park is celebrated for its community-centric lifestyle, offering residents a harmonious blend of peaceful suburban living and easy access to Brisbane's city amenities. This unique combination attracts a diverse range of residents, including young families who appreciate the local parks and retirees seeking a serene yet well-connected environment. For instance, the suburb hosts regular community events like local markets, fostering a strong sense of belonging among residents.

Bray Park's commitment to environmental sustainability is evident through various community initiatives. The suburb's emphasis on green living is embodied in projects like the expansion of green spaces and the implementation of eco-friendly infrastructure. For example, the construction of a new environmentally conscious housing development showcases Bray Park's dedication to responsible urban planning. This commitment aligns with the preferences of residents who prioritise eco-conscious living alongside the convenience of urban amenities.

Suburbs near Bray Park

In the vicinity of Bray Park lie several attractive suburbs, each offering unique living experiences. Places like Lawnton, Strathpine, and Warner are not just neighbours but alternatives that offer diverse real estate opportunities. These areas are ideal for those seeking a residence in a locality that mirrors Bray Park's tranquil yet well-connected nature.

Common questions about Bray Park

  • Is Bray Park a good place to invest?

    Bray Park offers investment potential, with a 7.48% increase in median house prices over the past year, indicating strong growth in the housing market. The average annual growth rate for houses in Bray Park is 4.36%, pointing to substantial growth. Rental yields are attractive, with a median weekly rent of $470 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 Bray Park expensive to live in?

    Bray Park provides a relatively affordable cost of living compared to many other suburbs in the region. The median house price in Bray Park is $490,000. Rental yields for houses are around 4.98%. This affordability, combined with its amenities and accessibility, makes Bray Park an attractive choice for those seeking value for money​​.

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  • What is the liveability of Bray Park?

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

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