Griffin suburb profile
Griffin is a rapidly growing suburb located in the Moreton Bay Region, approximately 24km north of Brisbane's CBD. Known for its family-friendly atmosphere, Griffin offers a mix of modern housing developments and natural landscapes, including proximity to the Pine River and Moreton Bay. The suburb is well-connected with easy access to the Bruce Highway, making commuting convenient for residents. Griffin's appeal is enhanced by its local parks, schools, and shopping facilities, providing a balanced lifestyle for families and professionals. As development continues, Griffin remains an attractive option for those seeking suburban tranquility with urban conveniences.
Griffin property market performance
Current median dwelling price$818,500Past 3 months
Property growth+14.6%Past 12 months
Griffin's property market has shown robust growth over the past 12 months, with house values increasing by 12% and the median house price reaching $967,000. Although unit sales are minimal, with only 4 units sold, unit values have surged by 17.3%, indicating a potential interest in this segment.
The housing market in Griffin is active, with 75 houses sold over the last 12 months and a swift median time on market of just 14 days, reflecting strong demand. The unit market, however, remains limited with no recent sales activity, suggesting a niche market.
Rental prices in Griffin have also seen upward trends, with house rents increasing by 5.7% to an average of $650, while unit rents have risen by 9.7% to $565, highlighting a growing demand for rental properties in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $967K | N/A |
Change in value Past 12 months | 12.0% | 17.3% |
Sold Past 3 months | 75 | 4 |
Median days on market Past 12 months | 14 | N/A |
Average rent Past 12 months | $650 | $565 |
Change in rent Past 12 months | 5.7% | 9.7% |
5 year median price trend for houses and units
Griffin demographics
Griffin, located in the Moreton Bay Region of Queensland, is a rapidly growing suburb known for its family-friendly environment and modern amenities. With a median age of 29, Griffin is characterized by a youthful and dynamic population, making it an attractive location for young families and professionals. The suburb's proximity to Brisbane and the Sunshine Coast enhances its appeal, offering residents a blend of suburban tranquility and easy access to urban conveniences.
The housing landscape in Griffin is predominantly rental-based, with 54.2% of properties being rented. This high rental rate indicates a strong demand for flexible living arrangements, particularly among young families and professionals who are drawn to the area's modern housing developments and community facilities. Additionally, 39.9% of properties are owned with a mortgage, reflecting a significant number of new homeowners entering the market, attracted by the suburb's potential for growth and development.
Family households are a significant part of Griffin's community, with 50.4% of families being couples with children, highlighting the suburb's appeal to those seeking a nurturing environment for raising children. The presence of quality schools, parks, and recreational facilities further supports this family-oriented lifestyle. As Griffin continues to develop, its combination of youthful energy, family focus, and strategic location makes it a desirable place for both current residents and newcomers looking for a vibrant community to call home.
Griffin infrastructure, key developments and investment opportunities
Griffin is experiencing significant growth and development, with several projects poised to impact the local property market. The suburb's population has increased dramatically, growing by 189.8% over the past five years to reach 12,295 residents in 2021. This rapid growth is driving demand for housing and infrastructure in the area.
A key development is the planned community shopping centre, slated to begin construction in late 2022, which will enhance local amenities and potentially boost property values. The suburb already boasts good educational facilities, including Griffin State School, which opened in 2016 and has seen increasing enrollment. Additionally, Griffin's proximity to the Bruce Highway and its location just 35 minutes from Brisbane CBD make it an attractive option for commuters, further supporting property demand in the area.
Griffin rental market trends
The rental market in Griffin has experienced moderate growth, with house rents increasing by 5.7% over the past year to $650 per week, while unit rents have seen a more significant rise of 9.7% to $565 per week. With its appealing suburban lifestyle and proximity to key amenities, Griffin continues to attract both renters and investors seeking steady returns.
Suburbs near Griffin
Some popular suburbs near Griffin include:
How does Griffin compare to nearby suburbs?
- Median house prices: Griffin’s median house price is 11.5% higher than Kallangur’s.
- Median unit prices: Griffin’s median unit price is 1.1% higher than Murrumba Downs’s.
- House price growth: Over the past 12 months, house prices in Griffin have grown 0.8% higher than in Murrumba Downs.
- Unit price growth: Property prices in nearby Murrumba Downs have risen 1.2% more than in Griffin over the past year.
- Selling speed for houses: Properties in Griffin are selling 6.7% faster than in Mango Hill.
- Investment considerations: In Griffin, the rental yield for house is 5.7% lower than the Brisbane average, while the rental yield for units is 10.9% lower.
- House price growth: Over the past 12 months, house prices in Griffin have grown 22.2% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Griffin have grown 10.8% lower than the average rate of growth for units across Brisbane.

