Question 1

Is Pullenvale a nice place to live?

Accepted Answer

Pullenvale is a semi-rural outer-west suburb of Brisbane, defined by acreage blocks, horse paddocks and pockets of bushland that give it a quiet country atmosphere. Large lots and low-density housing attract families, people who keep horses and anyone after space and privacy while still within reach of the city. The community numbers 3,276 people, has a median age of 43 and an overwhelmingly owner-occupied housing stock (93.9% owned), with families making up the bulk of households.

Outdoor life is a clear feature, with riding and walking tracks, private gardens and nearby nature reserves, while everyday shopping and services are found in small local centres or neighbouring Brookfield and Moggill. Local facilities include Pullenvale State School and the Pullenvale Environmental Education Centre, which runs outdoor and environmental programs. There has also been local transport planning and road and school works recorded. Whether that suits you comes down to the sort of space and lifestyle you’re after.

Question 2

Is it expensive to live in Pullenvale?

Accepted Answer

A house renting for $1,100 a week in Pullenvale would take about 26.5% of a typical local household's weekly income as recorded at the most recent Census — roughly a little over a quarter of that income, which is a moderate share. If you're renting rather than buying, that rent share is the figure most relevant to your cost of living; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Pullenvale a good place to invest?

Accepted Answer

For houses in Pullenvale over the past 12 months, median values rose 7.2%, a solid increase in the price of homes, while the rent those houses earn fell 4.3% over the same period. The figures therefore show capital growth on the house side this year alongside lower rental income for houses.

Which of those two trends matters more depends on your goals: if rental income is your priority the fall in house rents is the relevant movement, while if you care about capital growth the rise in house values is the key figure. Whether that balance makes Pullenvale the right choice for you depends on your circumstances and objectives.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.2%	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	27	N/A
Average rent Past 12 months	$1100	N/A
Change in rent Past 12 months	-4.3%	N/A

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