Clayfield suburb profile
Clayfield is a prestigious suburb located approximately 7km north of Brisbane's CBD, known for its leafy streets and elegant homes. It offers a blend of historical charm and modern convenience, attracting families and professionals alike. The suburb is well-served by public transport, including train and bus services, providing easy access to the city and surrounding areas. Clayfield boasts a variety of amenities, including quality schools, boutique shopping, and dining options. Its proximity to the Brisbane Airport and major arterial roads adds to its appeal, making Clayfield a sought-after location for those seeking a refined suburban lifestyle.
Clayfield property market performance
Clayfield’s property market has experienced notable growth over the past 12 months, particularly in the unit sector. House values have risen by 6.8%, with the median house price reaching $1.96 million. Units have seen a significant increase of 17.9%, bringing the median unit price to $689,000, indicating strong demand in this segment.
Sales activity has been robust, with 29 houses and 44 units sold in the past three months. Units are selling much faster than houses, with a median of just 10 days on the market compared to 29 days for houses, highlighting a competitive unit market.
The rental market in Clayfield has shown varied trends, with house rents remaining stable over the last 12 months, while unit rents have increased by 10%, suggesting a growing preference for units among renters.
Median price - houses$1.96MPast 3 months
Median price - units$689KPast 3 months
Change in value - houses6.8%12 months
Change in value - units17.9%12 months
Houses sold29Past 3 months
Units sold44Past 3 months
Median DOM - houses29Past 12 months
Median DOM - units10Past 12 months
Average rent - houses$598Past 12 months
Average rent - units$550Past 12 months
Change in rent - houses-12.8%Past 12 months
Change in rent - units10.0%Past 12 months
Clayfield demographics
Clayfield, located in Brisbane's northern suburbs, is a well-established area known for its leafy streets and family-friendly atmosphere. With a population of 10,897 and a median age of 37, it attracts a mix of families, professionals, and retirees. The suburb's proximity to the city centre, coupled with its suburban charm, makes it a desirable location for those seeking a balance between urban convenience and a quieter lifestyle.
The housing landscape in Clayfield is diverse, with a significant portion of properties being owned outright (24.9%) or with a mortgage (31.2%). This indicates a stable community with a mix of long-term residents and new homeowners. Renting is also a popular option, with 43.9% of properties being rented, appealing to those who prefer flexibility or are new to the area.
Family life is a prominent feature of Clayfield, with 41.1% of households being couple families with children and 42.1% being couple families without children. The presence of quality schools, parks, and amenities supports a family-oriented lifestyle. Additionally, the suburb's median household income of $1,948 per week reflects a comfortable standard of living, attracting professionals and families who value both convenience and community.
Clayfield infrastructure, key developments and investment opportunities
Clayfield is undergoing several developments that may impact its property market. The suburb is set to benefit from the $5 billion Brisbane Metro project, with improved public transport connections enhancing accessibility. A new mixed-use development on Sandgate Road, including retail spaces and apartments, is expected to revitalize the local shopping precinct and potentially increase property values in the area.
The ongoing upgrades to local schools, including Clayfield College and St Rita's College, continue to attract families to the area. Additionally, the nearby Northshore Hamilton urban renewal project is progressing, which could have spillover effects on Clayfield's property market. These developments, combined with Clayfield's proximity to the CBD and airport, are likely to sustain strong demand for properties in this well-established suburb.
Clayfield rental market trends
The rental market in Clayfield has shown stability for houses, with rents remaining unchanged at $598 per week over the past year. In contrast, unit rents have experienced a significant increase of 10%, reaching $550 per week. This growth in unit rents highlights a rising demand for more affordable living options in this well-connected suburb.
Suburbs near Clayfield
Some popular suburbs near Clayfield include: