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: