Hemmant suburb profile
Hemmant is a quiet suburb located in Brisbane's eastern corridor, approximately 11km from the CBD. Known for its semi-industrial character, Hemmant offers a mix of residential and commercial areas, providing a unique blend of suburban living with urban conveniences. The suburb is well-connected by public transport, including train services, making it accessible for commuters. Hemmant is close to the Brisbane River and offers easy access to the Port of Brisbane, enhancing its appeal for businesses. With its proximity to both the city and the coast, Hemmant is an attractive option for those seeking a balance between work and leisure.
Hemmant property market performance
Hemmant's property market has shown a strong performance over the past 12 months, particularly in the housing sector. House values have surged by 21.2%, with the median house price reaching $947,500. In contrast, unit values have remained stable, with no change over the same period, and a median price of $304,000.
Sales activity has been limited, with 12 houses and just 1 unit sold in the past three months. Houses are selling quickly, with a median of 16 days on the market, while units are taking significantly longer at 50 days, indicating a slower unit market.
The rental market in Hemmant has also seen growth, with house rents increasing by 7.7% to an average of $700, while unit rents have risen by 3% to $355, reflecting a steady demand for rental properties in the area.
Median price - houses$1MPast 3 months
Median price - units$304KPast 3 months
Change in value - houses23.4%12 months
Change in value - units-6.5%12 months
Houses sold12Past 3 months
Units sold1Past 3 months
Median DOM - houses16.5Past 12 months
Median DOM - units50Past 12 months
Average rent - houses$700Past 12 months
Average rent - units$355Past 12 months
Change in rent - houses7.7%Past 12 months
Change in rent - units3.0%Past 12 months
Hemmant demographics
Hemmant, located in the eastern suburbs of Brisbane, offers a blend of suburban tranquility and convenient access to the city. With a population of 2,886, Hemmant is a small yet vibrant community that appeals to families and professionals alike. The median age of 36 suggests a mature community, with many residents likely enjoying the balance of work and family life that the suburb provides.
The suburb is characterized by a strong family presence, with nearly half of the households being couple families with children, making up 48.9% of the community. This is complemented by 32.7% of couple families without children, indicating a stable and family-friendly environment. One-parent families account for 15.8%, adding to the suburb's diverse family structures.
In terms of housing, Hemmant offers a mix of ownership options. A significant 54.3% of properties are owned with a mortgage, reflecting a community of homeowners investing in their future. Meanwhile, 20% of homes are owned outright, providing stability for long-term residents. The rental market is relatively modest, with 25.7% of properties rented, appealing to those seeking flexibility or temporary accommodation.
Overall, Hemmant provides a welcoming environment for families and individuals seeking a peaceful suburban lifestyle with easy access to Brisbane's amenities. Its combination of family-oriented living, diverse housing options, and proximity to the city makes it an attractive choice for those looking to settle in the Brisbane area.
Hemmant infrastructure, key developments and investment opportunities
Hemmant is experiencing significant developments that could impact its property market. The suburb is undergoing a transformation with new residential projects, including the construction of modern homes and townhouses, which are likely to increase housing supply and attract new residents. These developments are enhancing the area's appeal, potentially driving up property values and demand.
Infrastructure improvements are also underway in Hemmant, with upgrades to local roads and public transport facilities. The suburb's proximity to the Port of Brisbane and ongoing industrial developments in the area are creating job opportunities, which could further boost demand for housing. Additionally, Hemmant's location near the Wynnum foreshore and easy access to Brisbane CBD via train make it an increasingly attractive option for families and professionals seeking a balance between suburban living and urban convenience.
Hemmant rental market trends
The rental market in Hemmant has experienced moderate growth, with house rents increasing 7.7% over the past year to $700 per week, while unit rents have seen a 3.0% rise to $355 per week. With its strategic location and ongoing development, Hemmant offers a balanced rental market for both investors and tenants seeking affordability and convenience.
Suburbs near Hemmant
Some popular suburbs near Hemmant include: