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Strathpine suburb profile

Strathpine is a bustling suburb located approximately 20km north of Brisbane's CBD, known for its family-friendly atmosphere and convenient amenities. As a key commercial and retail hub in the Moreton Bay Region, Strathpine offers a variety of shopping options, including the popular Strathpine Centre. The suburb is well-served by public transport, with a train station providing easy access to Brisbane and surrounding areas. Strathpine is home to a mix of residential properties, from traditional homes to modern developments, catering to diverse lifestyles. Its parks, schools, and community facilities make it an attractive choice for families and professionals alike.

Strathpine property market performance

Strathpine’s property market has experienced significant growth over the past 12 months, with house values increasing by 13.9% and unit values surging by 18.6%. The median house price has reached $815,000, while units have averaged $527,500, indicating strong demand across both property types.

Sales activity has been robust, with 44 houses and 3 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 9 days on the market and units even less at 7 days, highlighting a competitive market environment.

The rental market in Strathpine has also seen notable changes, with house rents increasing by 9.1% over the last 12 months. However, unit rents have remained stable, showing no change, which may suggest a plateau in rental demand for units.

Median price - houses$811KPast 3 months

Median price - units$528KPast 3 months

Change in value - houses14.2%12 months

Change in value - units19.5%12 months

Houses sold48Past 3 months

Units sold9Past 3 months

Median DOM - houses9Past 12 months

Median DOM - units7Past 12 months

Average rent - houses$600Past 12 months

Average rent - units$460Past 12 months

Change in rent - houses9.1%Past 12 months

Change in rent - units-7.1%Past 12 months

Strathpine demographics

Strathpine, located in the Moreton Bay Region of Queensland, is a suburb that offers a balanced lifestyle with its blend of urban amenities and suburban charm. With a population of 10,647, Strathpine is a family-friendly area, as evidenced by the 41.2% of couple families with children. The median age of 37 suggests a mature community, with many residents likely to be established in their careers and family life.

The suburb's housing market is characterized by a significant proportion of home ownership, with 28.2% of properties owned outright and 40.3% owned with a mortgage. This indicates a stable community with a strong sense of homeownership. However, there is also a notable rental market, with 31.5% of properties being rented, catering to those who prefer flexibility or are new to the area.

Strathpine's median total household income of $1,556 per week reflects a comfortable standard of living, aligning with the area's appeal to both families and professionals. The suburb's infrastructure supports a variety of lifestyles, with shopping centers, schools, and parks contributing to its appeal. The presence of one-parent families, making up 19.8% of the community, highlights the suburb's inclusivity and support for diverse family structures. Overall, Strathpine offers a welcoming environment with a strong community spirit, making it an attractive place to live for families and individuals alike.

Strathpine infrastructure, key developments and investment opportunities

Strathpine is experiencing significant developments that are likely to impact its property market. The expansion of the University of Queensland's Moreton Bay campus is expected to drive demand for housing and potentially increase property values in the area. Additionally, the ongoing development of the Brendale industrial precinct is creating new job opportunities, which could attract more residents to Strathpine.

Infrastructure improvements are also underway, with the recent upgrade of the Strathpine bus station enhancing public transport accessibility. The continued development of the Strathpine Centre shopping complex is adding to the suburb's amenities, making it more attractive to families and young professionals. These developments, combined with Strathpine's proximity to Brisbane CBD and affordable housing options, are positioning the suburb as a growing hub in the Moreton Bay region.

Strathpine rental market trends

The rental market in Strathpine has experienced moderate growth, with house rents increasing by 9.1% over the past year to $600 per week, while unit rents have remained stable at $470 per week. This stability in unit rents, combined with the rise in house rents, highlights Strathpine's appeal as a balanced and accessible suburb for both renters and investors.

Suburbs near Strathpine

Some popular suburbs near Strathpine include:

Common questions about Strathpine

  • Is Strathpine a nice place to live?

    Strathpine is a delightful suburb that offers a harmonious blend of urban convenience and suburban tranquility, making it a wonderful place to call home. Known for its welcoming atmosphere, Strathpine is a vibrant community that caters to a diverse range of residents, from families to professionals. The suburb boasts a lively vibe with a variety of shopping, dining, and recreational options that ensure there's always something to do. Its proximity to Brisbane's CBD, coupled with excellent public transport links, makes commuting a breeze, adding to its appeal for those who work in the city but prefer a more relaxed living environment.

    Families will find Strathpine particularly appealing due to its abundance of parks, quality schools, and community facilities that foster a strong sense of belonging. The suburb's green spaces provide ample opportunities for outdoor activities, making it easy for families to enjoy a healthy, active lifestyle. Safety is generally not a major concern, contributing to the suburb's reputation as a family-friendly area. However, the trade-off for its bustling nature and ongoing developments is that it may not offer the same level of peace and quiet found in more remote suburbs.

    While Strathpine offers a fantastic lifestyle with its convenient amenities and community spirit, it's important to consider the potential for increased property values and a busier environment due to ongoing developments. Despite these trade-offs, Strathpine remains an attractive option for those seeking a balanced lifestyle with easy access to both urban and suburban benefits. Its dynamic community, combined with the promise of future growth, makes Strathpine a charming and promising place to live.

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  • Is it expensive to live in Strathpine?

    Living in Strathpine can be considered moderately expensive, especially when you compare it to other parts of Queensland. The current median house price is $815,000, while units are priced at a median of $527,500. These figures suggest that buying property in Strathpine requires a significant financial commitment, particularly for those on an average income.

    With the average annual wage in Strathpine being around $63,000, the cost of buying a house or unit would take up a large portion of one's income. This is particularly notable when you consider that the median total household income weekly is $1,556, which translates to about $81,000 annually. This indicates that many households may need dual incomes to comfortably afford a mortgage in this suburb.

    Renting in Strathpine is somewhat more manageable, with average rents for houses at $600 per week and units at $470 per week. While these rental prices are relatively high, they are still within reach for many residents, especially when compared to purchasing property. Overall, if you are thinking of living in Strathpine, it's important to weigh the costs against the benefits of residing in this well-connected suburb, which offers a blend of suburban tranquility and access to urban amenities.

    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 Strathpine a good place to invest?

    Strathpine is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by 13.9% and unit values by an impressive 18.6%. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In terms of rental income, houses in Strathpine have seen a healthy 9.1% increase in rent over the last 12 months. This indicates a robust rental market, which is appealing for investors seeking steady rental returns. Although unit rents have remained stable, the substantial increase in unit values suggests a growing interest in this property type, potentially leading to future rental growth.

    Overall, Strathpine offers a compelling mix of capital appreciation and rental income potential. Its recent performance in both property value and rental growth positions it as a suburb worth considering for investment. With its strong market dynamics, Strathpine could be a solid choice for those looking to invest in a suburb with promising growth prospects.

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