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Hendra suburb profile

Hendra is a charming suburb located approximately 6km northeast of Brisbane's CBD, known for its leafy streets and equestrian heritage. The suburb offers a peaceful residential atmosphere with a mix of traditional Queenslander homes and modern developments. Hendra is well-regarded for its proximity to the Doomben and Eagle Farm racecourses, making it a popular choice for horse racing enthusiasts. The area boasts convenient access to public transport, quality schools, and local amenities, including cafes and parks. Its blend of suburban tranquility and urban convenience makes Hendra an attractive option for families and professionals alike.

Hendra property market performance

Current median dwelling price$1,382,500Past 3 months

Property growth+41.7%Past 12 months

Hendra's property market has shown a robust performance over the past 12 months, with house values increasing by 10.2%. The median house price currently stands at $1.75 million. In contrast, the unit market has seen no change in value, with minimal sales activity, as only one unit was sold in the past year.

Sales activity for houses has been moderate, with 30 houses sold over the last 12 months. Houses are spending a median of 55 days on the market, indicating a steady demand. The unit market, however, remains largely inactive, with no recent sales data available.

The rental market in Hendra has seen varied changes, with house rents increasing by 4.0% to an average of $900, while unit rents have surged by 16.7%, reaching an average of $525. This suggests a stronger demand for rental units despite the stagnant sales market.

HousesUnits
Median price
Past 3 months
$1.93MN/A
Change in value
Past 12 months
11.2%N/A
Sold
Past 3 months
251
Median days on market
Past 12 months
56N/A
Average rent
Past 12 months
$900N/A
Change in rent
Past 12 months
4.0%N/A

5 year median price trend for houses and units

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Hendra demographics

Hendra, a charming suburb located in Brisbane, is known for its leafy streets and family-friendly atmosphere. With a population of 4,914, it offers a peaceful yet connected lifestyle, appealing to families and professionals alike. The median age of 39 suggests a mature community, with many residents enjoying the suburb's balance of tranquility and accessibility to the city center.

The suburb's housing market is characterized by a high rate of home ownership, with 32.5% of properties owned outright and 43.4% owned with a mortgage. This reflects a stable community with a significant number of long-term residents. The rental market, comprising 24.1% of properties, provides options for those seeking flexibility, including young professionals and families transitioning into home ownership.

Family life is a cornerstone of Hendra, with 52.1% of households being couple families with children, and 32.7% being couple families without children. The presence of one-parent families at 13.3% adds to the suburb's diverse family dynamics. The high median household income of $2,989 per week indicates a prosperous community, supported by local amenities, schools, and parks that enhance the quality of life for its residents.

Hendra infrastructure, key developments and investment opportunities

Hendra is experiencing significant developments that are likely to impact its property market. The ongoing gentrification of the suburb has seen many post-war houses replaced with high-end new builds and large renovated properties, attracting young families and professionals. This trend is enhancing the suburb's appeal and potentially driving up property values. The suburb's strict Res A zoning, which prohibits apartments, helps maintain its character and community feel.

Hendra's excellent public transport options, including bus and train services, contribute to its desirability. The suburb boasts beautiful parks, such as the recently upgraded T.C. Beirne Park, enhancing its family-friendly atmosphere. While Hendra itself has limited dining options, its proximity to the vibrant restaurant scenes in neighboring Ascot, Hamilton, and Nundah adds to its appeal. These factors, combined with Hendra's convenient location near the airport and major arterial roads, position it as an increasingly attractive suburb for homebuyers and investors.

Hendra rental market trends

The rental market in Hendra has shown varied growth, with house rents increasing 4.0% over the past year to $900 per week, while unit rents have surged 16.7% to $525 per week. This dynamic suburb, with its appealing lifestyle and proximity to key amenities, continues to attract both renters and investors seeking strong returns and growth potential.

Suburbs near Hendra

Some popular suburbs near Hendra include:

How does Hendra compare to nearby suburbs?

  • Median house prices: Hendra’s median house price is 18.5% higher than Clayfield’s.
  • Median unit prices: Hendra’s median unit price is 115.4% higher than Clayfield’s.
  • House price growth: Over the past 12 months, house prices in Hendra have grown 13.1% higher than in Clayfield.
  • Unit price growth: Over the past 12 months, unit prices in Hendra have grown 62.2% higher than in Clayfield.
  • Selling speed for houses: Properties in Hendra are selling 25.3% faster than in Clayfield.
  • Investment considerations: In Hendra, the rental yield for house is 32.5% higher than the Brisbane average, while the rental yield for units is 21.3% lower.
  • House price growth: Over the past 12 months, house prices in Hendra have grown 72.5% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Hendra have grown 41.7% higher than the average rate of growth for units across Brisbane.

Common questions about Hendra

  • Is Hendra a nice place to live?

    Hendra is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a lovely place to live. With its charming leafy streets and a strong sense of community, Hendra provides a welcoming environment for families and professionals alike. The suburb's peaceful atmosphere is complemented by its proximity to Brisbane's CBD, allowing residents to enjoy the best of both worlds. Families will appreciate the excellent local schools and the abundance of parks and green spaces, perfect for outdoor activities and leisurely strolls.

    Hendra is known for its equestrian heritage, which adds a unique cultural vibe to the area. The nearby Doomben and Eagle Farm racecourses are a testament to this, offering exciting events for horse racing enthusiasts. The suburb's convenient access to public transport and major roads ensures that residents can easily reach the vibrant dining and entertainment options in neighboring suburbs like Ascot, Hamilton, and Nundah. While Hendra itself may not have an extensive array of dining options, its proximity to these bustling areas more than compensates for it.

    Safety is generally not a major concern in Hendra, contributing to its appeal as a family-friendly suburb. However, the ongoing gentrification and development in the area mean that property prices are on the rise, which could be a trade-off for those seeking more affordable housing options. Despite this, the suburb's strict zoning regulations help preserve its character and community feel, making it an attractive choice for those who value stability and a strong neighborhood identity. Overall, Hendra offers a charming and convenient lifestyle, ideal for families and professionals seeking a peaceful yet connected place to call home.

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  • Is it expensive to live in Hendra?

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    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 Hendra a good place to invest?

    Hendra is showing promising signs as a good place to invest, especially if you're considering the real estate market in the area. Over the last year, the suburb has experienced a 5.0% increase in median house values, which indicates a steady appreciation in property prices. This kind of growth suggests that Hendra is maintaining its appeal among buyers, making it a potentially rewarding choice for investors looking for capital growth.

    Units in Hendra have seen an even more impressive surge, with a 12.0% increase in median values over the past 12 months. This significant rise highlights a growing demand for units, possibly due to their affordability compared to houses. While the rental market for units hasn't changed, the increase in unit values suggests that there is a strong interest in purchasing units, which could lead to future rental demand.

    Additionally, the rental market for houses in Hendra has seen an 8.9% increase, indicating a healthy demand for rental properties. This rise in rent can provide a solid rental income for investors, making houses in Hendra an attractive option for those seeking consistent returns. Overall, Hendra's combination of property value growth and rental demand positions it as a suburb with good investment potential.

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Choose the right real estate agents in Hendra

Choosing the right real estate agent in Hendra can have a big impact on your sale. While there are 44 real estate agents working in the suburb, but just 5 of them were responsible for 46.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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