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$766,125Past 3 months
Property growth+15.0%Past 12 months
Griffin's property market has experienced notable growth over the past 12 months, with house values increasing by 13.8%. The current median house price stands at approximately $994,750. Although unit sales are minimal, with only 4 units sold, unit values have surged by 16.2%, indicating potential interest in this segment.
Sales activity for houses has been robust, with 48 houses sold in the past year. Houses are selling quickly, with a median of just 12 days on the market, reflecting strong demand. The unit market, however, remains relatively inactive.
In the rental market, house rents have increased by 4.3% over the last 12 months, with an average rent of $650. Units have seen a more significant rise in rental prices, increasing by 13% to an average of $565, suggesting growing interest in rental units.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $995K | N/A |
Change in value Past 12 months | 13.8% | 16.2% |
Sold Past 3 months | 48 | 4 |
Median days on market Past 12 months | 12 | N/A |
Average rent Past 12 months | $650 | $565 |
Change in rent Past 12 months | 4.3% | 13.0% |
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 shown varied growth, with house rents increasing 4.3% over the past year to $650 per week, while unit rents have surged 13.0% to $565 per week. This indicates a strong demand for units, making Griffin an attractive option for renters and investors seeking opportunities in a growing suburban area.
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 7.5% higher than Kallangur’s.
- Median unit prices: Griffin’s median unit price is 4.9% higher than Kallangur’s.
- House price growth: Over the past 12 months, house prices in Griffin have grown 2.0% higher than in North Lakes.
- Unit price growth: Over the past 12 months, unit prices in Griffin have grown 21.7% higher than in Mango Hill.
- Selling speed for houses: Properties in Griffin are selling 7.7% faster than in Murrumba Downs.
- Investment considerations: In Griffin, the rental yield for house is 6.9% lower than the Brisbane average, while the rental yield for units is 12.1% lower.
- House price growth: Over the past 12 months, house prices in Griffin have grown 21.3% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Griffin have grown 9.2% lower than the average rate of growth for units across Brisbane.

