Burpengary suburb profile
Burpengary is a rapidly growing suburb located approximately 35km north of Brisbane, within the Moreton Bay Region. Known for its family-friendly atmosphere, it offers a mix of residential developments, including modern estates and established homes. The suburb is well-serviced by public transport, with a train station providing easy access to Brisbane and the Sunshine Coast. Burpengary boasts a range of amenities, including shopping centres, schools, and recreational facilities, making it an attractive option for families and commuters. Its blend of suburban convenience and proximity to natural attractions like the Glass House Mountains enhances its appeal to residents seeking a balanced lifestyle.
Burpengary property market performance
Current median dwelling price$720,000Past 3 months
Property growth+12.4%Past 12 months
Burpengary’s property market has experienced notable growth over the past 12 months, with house values increasing by 9.9% and unit values surging by 14.9%. The current median house price stands at $840,000, while units have reached a median price of $600,000, indicating strong demand across both property types.
Sales activity has been robust, with 77 houses and 22 units sold in the past 12 months. Houses are taking a median of 35 days to sell, whereas units are moving faster with a median of 22 days on the market, suggesting a higher demand for units.
The rental market in Burpengary has also seen positive changes, with house rents increasing by 3.4% and unit rents rising by 5.5% over the last 12 months. The average rent for houses is $600, while units average $480, reflecting a healthy rental demand in the area.
Houses | Units | |
---|---|---|
Median price Past 3 months | $840K | $600K |
Change in value Past 12 months | 9.9% | 14.9% |
Sold Past 3 months | 77 | 22 |
Median days on market Past 12 months | 35 | 22 |
Average rent Past 12 months | $600 | $480 |
Change in rent Past 12 months | 3.4% | 5.5% |
5 year median price trend for houses and units
Burpengary demographics
Burpengary, located in the Moreton Bay Region of Queensland, is a suburb that offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 16,488, it is a growing community that attracts families and individuals seeking a balanced lifestyle. The median age of 36 suggests a mature community with a mix of young families and established residents. The suburb's proximity to Brisbane and the Sunshine Coast makes it an attractive location for those who work in the city but prefer a quieter home environment.
Housing in Burpengary is predominantly owner-occupied, with 26.9% of properties owned outright and 41.9% owned with a mortgage. This indicates a stable community with a significant number of long-term residents. The rental market, comprising 31.2% of properties, provides options for those seeking flexibility, including young families and professionals. The suburb's family-friendly nature is evident, with 42.3% of households being couple families with children, and 37.7% being couple families without children, reflecting its appeal to both growing families and those enjoying a quieter lifestyle.
The median total household income of $1,720 per week suggests a comfortable standard of living, with residents enjoying the benefits of suburban life while still having access to the employment opportunities of nearby urban centers. Burpengary's community is diverse, with one-parent families making up 19% of households, highlighting the suburb's inclusive nature. Overall, Burpengary offers a welcoming environment with a strong sense of community, making it an ideal place for families and individuals seeking a peaceful yet connected lifestyle.
Burpengary infrastructure, key developments and investment opportunities
Burpengary is experiencing significant development that is likely to impact its property market. The $1 billion redevelopment of Burpengary Plaza, set to conclude by late 2025, will introduce new retail, residential, and entertainment options, potentially boosting local property values. Additionally, several new residential estates are being developed, including Ridgeview Estate and Sage, which offer land and house packages to meet growing housing demand.
Infrastructure improvements are also underway, with upgrades to local schools like Burpengary State School and the construction of new community facilities. The suburb's proximity to the Bruce Highway and North Coast railway line enhances its connectivity to Brisbane and the Sunshine Coast. These developments, combined with Burpengary's family-friendly amenities and growing population, are positioning it as an emerging growth area in Brisbane's northern corridor.
Burpengary rental market trends
The rental market in Burpengary has experienced moderate growth, with house rents increasing by 3.4% over the past year to $600 per week, while unit rents have risen by 5.5% to $480 per week. As a suburb with a growing community and improving amenities, Burpengary offers a balanced rental market for both tenants and investors seeking steady returns.
Suburbs near Burpengary
Some popular suburbs near Burpengary include:
How does Burpengary compare to nearby suburbs?
- Median house prices: Burpengary’s median house price is 5.0% higher than Morayfield’s.
- Median unit prices: Burpengary’s median unit price is 2.0% higher than Morayfield’s.
- House price growth: Property prices in nearby Burpengary East have risen 1.0% more than in Burpengary over the past year.
- Unit price growth: Over the past 12 months, unit prices in Burpengary have grown 10.2% higher than in Morayfield.
- Selling speed for houses: Properties in Burpengary are selling 22.2% faster than in Burpengary East.
- Selling speed for units: Properties in Burpengary are selling 18.5% faster than in Deception Bay.
- Investment considerations: In Burpengary, the rental yield for house is 11.1% lower than the Brisbane average, while the rental yield for units is 21.8% lower.
- House price growth: Over the past 12 months, house prices in Burpengary have grown 24.1% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Burpengary have grown 21.9% lower than the average rate of growth for units across Brisbane.