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Nundah suburb profile

Nundah is a vibrant suburb located approximately 8km north-east of Brisbane's CBD, known for its rich history and community spirit. With a blend of heritage-listed sites and modern amenities, Nundah offers a unique urban lifestyle. The suburb features a bustling village atmosphere with a variety of cafes, shops, and markets, making it a popular choice for young professionals and families. Excellent public transport options, including a train station, provide easy access to the city and surrounding areas. Nundah's parks and recreational facilities further enhance its appeal as a lively and convenient place to live.

Nundah property market performance

Nundah's property market has shown varied performance over the past 12 months. While house values have remained stable with no change, unit values have surged by 24.1%, bringing the median unit price to $650,000. The median house price has held steady at $1.165 million, indicating a balanced demand for houses.

Sales activity has been robust, with 31 houses and 93 units sold in the past three months. Units are moving quickly, with a median of just 9 days on the market, compared to 21 days for houses, suggesting a strong demand for units in the area.

The rental market in Nundah has seen moderate changes, with house rents remaining unchanged, while unit rents have increased by 6.1% over the last 12 months, reflecting a growing interest in rental units.

Median price - houses$1.18MPast 3 months

Median price - units$670KPast 3 months

Change in value - houses-7.2%12 months

Change in value - units24.7%12 months

Houses sold32Past 3 months

Units sold85Past 3 months

Median DOM - houses21Past 12 months

Median DOM - units9Past 12 months

Average rent - houses$600Past 12 months

Average rent - units$575Past 12 months

Change in rent - housesN/APast 12 months

Change in rent - units6.5%Past 12 months

Nundah demographics

Nundah, located in Brisbane's northern suburbs, is a vibrant and growing community known for its blend of urban convenience and suburban charm. With a population of 13,098 and a median age of 35, Nundah attracts a diverse mix of residents, including young professionals, families, and retirees. The suburb's proximity to the Brisbane CBD, along with its excellent transport links, makes it an attractive option for those seeking a balanced lifestyle with easy access to city amenities.

Housing in Nundah is varied, with a significant portion of properties being rented, accounting for 56% of the housing market. This high rental rate reflects the suburb's appeal to those seeking flexible living arrangements, including students and young professionals. Meanwhile, 15.1% of properties are owned outright, and 28.8% are owned with a mortgage, indicating a stable homeowner base and opportunities for new buyers entering the market.

Family dynamics in Nundah are diverse, with couple families without children making up 49.6% of the family households, followed by couple families with children at 31.9%. One-parent families account for 14.9%, and other family types make up 3.7%. This variety in family structures contributes to a rich community fabric, supported by local amenities such as parks, schools, and shopping precincts. Nundah's blend of convenience, community, and lifestyle makes it a sought-after suburb for many Brisbane residents.

Nundah infrastructure, key developments and investment opportunities

Nundah is experiencing significant redevelopment that is likely to impact its property market. The Toombul Shopping Centre, which was damaged in the 2022 Brisbane floods, is undergoing a major transformation with demolition work officially starting in late 2023. This redevelopment is expected to revitalize the area and potentially increase property values once completed. Additionally, the Toombul-Nundah Major Centre Local Plan allows for higher density dwellings in certain parts of the suburb, similar to nearby Chermside.

The suburb's proximity to public transport, with two railway stations and bus interchanges, continues to be a strong selling point for property buyers. Recent urban renewal projects and the completion of the airport link tunnel have enhanced Nundah's appeal, making it more accessible to the city center and airport. These improvements, combined with the suburb's evolving village atmosphere and increasing number of cafes and restaurants, are likely to sustain strong demand for properties in Nundah, particularly among young professionals and families.

Nundah rental market trends

The rental market in Nundah has shown stability, with house rents remaining unchanged at $600 per week over the past year. Meanwhile, unit rents have experienced a modest increase of 6.1%, reaching $562 per week. This steady growth in unit rents highlights Nundah's appeal as a desirable location for renters seeking affordability and convenience in a well-connected suburb.

Suburbs near Nundah

Some popular suburbs near Nundah include:

Common questions about Nundah

  • Is Nundah a nice place to live?

    Nundah is a delightful suburb that offers a charming blend of urban convenience and suburban tranquility, making it a fantastic place to call home. With its vibrant community spirit and rich history, Nundah is a suburb that appeals to a wide range of residents, including families, young professionals, and retirees. The suburb's lively atmosphere is complemented by a variety of cafes, shops, and markets, providing plenty of opportunities for socializing and leisure activities. Its proximity to Brisbane's CBD, combined with excellent public transport options, ensures that residents have easy access to the city's amenities while enjoying the peacefulness of suburban living.

    For families, Nundah provides a welcoming environment with a strong sense of community and access to quality schools and parks. The suburb's green spaces and recreational facilities offer ample opportunities for outdoor activities, making it an ideal place for children to grow and explore. Safety is generally not a major concern, contributing to the suburb's appeal as a family-friendly location. However, it's worth noting that the ongoing redevelopment projects, such as the transformation of the Toombul Shopping Centre, may bring some temporary disruptions but are expected to enhance the area's vibrancy and property values in the long run.

    While Nundah offers a wonderful lifestyle, there are some trade-offs to consider. The suburb's popularity and convenient location mean that property prices can be on the higher side, and the rental market is quite competitive. Additionally, the increased density in certain areas due to urban renewal projects may lead to a busier environment. Despite these factors, Nundah remains a highly desirable suburb for those seeking a balanced lifestyle with a strong community feel, making it a lovely place to live for families and individuals alike.

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  • Is it expensive to live in Nundah?

    Nundah, located in Brisbane, presents a mixed picture when it comes to affordability. The median house price in Nundah is currently $1,165,000, which is quite high compared to other areas in Brisbane. For those considering units, the median price is $650,000, offering a slightly more affordable entry point into the property market.

    Renting in Nundah is somewhat more manageable, with average rents for houses at $600 per week and units at $562 per week. When compared to the average wage in Brisbane, which is around $80,000 per year, the cost of housing in Nundah can take up a significant portion of an individual's income, especially for those looking to buy.

    While Nundah offers a convenient lifestyle with good access to amenities and transport, the high property prices and rents suggest that living in this suburb could be considered expensive, particularly for those on average incomes. If you are thinking of living in Nundah, it's important to evaluate your financial situation to ensure it aligns with the costs associated with residing in this appealing Brisbane suburb.

    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 Nundah a good place to invest?

    Nundah presents an intriguing opportunity for investors, particularly those interested in the unit market. Over the past 12 months, the suburb has seen a remarkable 24.1% increase in median unit values, indicating strong demand and potential for capital growth. This surge suggests that Nundah is becoming increasingly popular, possibly due to its convenient location and lifestyle offerings, making it attractive to both renters and buyers.

    While the median house values and rents have remained stable, the unit market's performance highlights a shift in demand towards more affordable housing options. The 6.1% increase in unit rents further supports this trend, suggesting a healthy rental market with potential for steady income. Nundah's appeal lies in its balance of affordability and accessibility, offering a suburban feel with easy access to the city, which is a significant draw for young professionals and families.

    Overall, Nundah's strong unit market growth and rental demand make it a promising choice for investors looking for opportunities in Brisbane's property market. The suburb's evolving dynamics and potential for continued growth position it as a worthwhile consideration for those seeking to capitalize on the current trends.

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