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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:

Common questions about Hemmant

  • Is Hemmant a nice place to live?

    Hemmant is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a nice place to live. Nestled in Brisbane's eastern corridor, it provides a peaceful environment with a strong sense of community, which is particularly appealing to families. The suburb's proximity to the Brisbane River and the coast adds to its allure, offering residents the opportunity to enjoy both city and seaside lifestyles. With a relaxed suburban vibe, Hemmant is perfect for those who appreciate a quieter lifestyle while still having easy access to the bustling Brisbane CBD.

    Families will find Hemmant particularly welcoming, thanks to its family-friendly atmosphere and diverse housing options. The suburb is well-connected by public transport, including train services, which makes commuting to the city a breeze. While Hemmant may not offer the nightlife and entertainment options of inner-city areas, it compensates with its peaceful environment and the convenience of nearby amenities such as shopping centers, cafes, and parks. Safety is generally not a major concern, contributing to the suburb's appeal for families looking for a secure place to raise children.

    However, living in Hemmant does come with a few trade-offs. The suburb's semi-industrial character might not appeal to everyone, and the ongoing developments could lead to increased traffic and noise in the future. Additionally, while the suburb offers a serene lifestyle, those seeking vibrant cultural scenes or extensive dining options might need to venture into the city or neighboring suburbs. Despite these trade-offs, Hemmant remains an attractive choice for those seeking a balance between suburban living and urban convenience, making it a lovely place to call home.

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  • Is it expensive to live in Hemmant?

    Living in Hemmant can be a bit of a stretch for your wallet, especially when you consider the current property market. The median house price in Hemmant is around $947,500, which is quite substantial. If you're looking at units, the median price is more affordable at $304,000. Renting is also on the higher side, with houses averaging $700 per week and units at $355 per week.

    When you compare these figures to the average wage in Brisbane, which is about $73,000 per year, it becomes clear that living in Hemmant might require a significant portion of your income. The median total household income in Hemmant is $2,141 per week, which aligns well with the local cost of living but can still be challenging for those earning the average Brisbane wage.

    Overall, while Hemmant offers a suburban lifestyle with the convenience of being close to Brisbane, the cost of living, particularly in terms of housing, can be quite high. If you're thinking of living in Hemmant, it's important to evaluate your financial situation to ensure it can accommodate the expenses associated with this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Hemmant a good place to invest?

    Hemmant is showing promising signs as a potential investment suburb, particularly for those interested in houses. Over the past 12 months, the median house value in Hemmant has surged by an impressive 21.2%, indicating strong demand and capital growth potential. This significant increase suggests that the suburb is gaining popularity among buyers, which is a positive indicator for future investment prospects.

    In terms of rental returns, Hemmant also presents a solid opportunity. House rents have increased by 7.7% over the last year, reflecting a healthy rental market and the potential for consistent rental income. While the unit market hasn't experienced the same level of growth, with no change in median unit values and a modest 3.0% increase in rent, houses in Hemmant seem to be the standout choice for investors looking for both capital growth and rental yield.

    Overall, Hemmant's recent performance in the housing market makes it an attractive option for investors seeking growth and income potential. The suburb's rising house values and rental returns suggest a strong and growing demand, making it a worthwhile consideration for those looking to invest in the Brisbane area.

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