Question 1

Is Dakabin a nice place to live?

Accepted Answer

Dakabin is a semi-rural suburb between North Lakes and Narangba that centres on Dakabin railway station. It mixes older rural holdings and timber cottages with newer suburban estates, so you’ll find large-lot blocks and family homes alongside more compact modern housing. The area suits commuters and people who want parks, local sporting fields and pockets of native bush close by, while shopping and entertainment are within easy reach in neighbouring North Lakes and arterial roads link to the wider metropolitan area.

The community has a median age of 30 and is weighted towards couples and families, and homes are more often rented than owner-occupied with renters accounting for 62.4% of households. The station has received a major accessibility upgrade, and there are planned local projects including a district recreation park, a sports upgrade at Bob Brock Park and a family and community place at the high school. Whether Dakabin suits you depends on what you want from a semi-rural, commuter-oriented suburb.

Question 2

Is it expensive to live in Dakabin?

Accepted Answer

Buying a house in Dakabin sits well above what a typical local household earned at the last Census. The median house price of $917,000 is about 10.4 times a typical local household's annual income at the last Census, which is a high multiple compared with local earnings.

Renting looks comparatively less stretched but still significant. With a weekly household income of $1,689 at the last Census, the average house rent of $600 a week would take about 35.5% of that income and the average unit rent of $533 a week would take about 31.6% — both sizeable shares of a typical local household's weekly income. Whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Dakabin a good place to invest?

Accepted Answer

The clearest movement in Dakabin over the past 12 months is in property values. Unit values climbed 29.1%, a strong rise, while house values also rose strongly, up 19.7%.

House rents increased 5.3% over the year, a solid rise, so capital growth outpaced rental growth during this period. Units provided the larger price gain, and houses saw more modest rent growth; which of those outcomes matters more will depend on whether you are prioritising capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$917K	N/A
Change in value Past 12 months	19.7%	29.1%
Sold Past 3 months	19	1
Median days on market Past 12 months	11	N/A
Average rent Past 12 months	$600	$533
Change in rent Past 12 months	5.3%	N/A

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