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Yarrabilba suburb profile

Yarrabilba is a rapidly growing suburb situated between Brisbane and the Gold Coast, offering a modern and family-friendly lifestyle. As a master-planned community, it features a range of amenities including schools, parks, and shopping centers, catering to the needs of its diverse residents. Yarrabilba is designed with sustainability in mind, providing ample green spaces and recreational facilities. Its strategic location allows for convenient access to both major cities, making it an attractive choice for commuters. With its focus on community development and modern living, Yarrabilba continues to draw families and individuals seeking a balanced suburban environment.

Yarrabilba property market performance

Yarrabilba's property market has shown strong growth in house values over the past 12 months, with a significant increase of 16.8%, bringing the median house price to $690,000. In contrast, unit values have remained stable, with no change over the same period, maintaining a median price of $402,000.

Sales activity has been robust for houses, with 118 sold in the past 12 months, while only 3 units were sold, indicating a preference for houses in the area. Houses are selling quickly, with a median of just 13 days on the market, compared to 42 days for units, suggesting stronger demand for houses.

The rental market in Yarrabilba has seen notable increases, with house rents rising by 7.4% and unit rents by 8.7% over the last 12 months. The average rent for houses is now $580, while units average $500, reflecting a healthy rental demand in the suburb.

Median price - houses$700KPast 3 months

Median price - units$402KPast 3 months

Change in value - houses17.0%12 months

Change in value - units-0.2%12 months

Houses sold104Past 3 months

Units sold3Past 3 months

Median DOM - houses13Past 12 months

Median DOM - units41.5Past 12 months

Average rent - houses$580Past 12 months

Average rent - units$500Past 12 months

Change in rent - houses5.5%Past 12 months

Change in rent - units9.9%Past 12 months

Yarrabilba demographics

Yarrabilba, located in Queensland, is a burgeoning suburb known for its family-friendly environment and rapid development. With a median age of just 25, it is a youthful community, attracting young families and first-time homebuyers. The suburb's design and amenities cater to this demographic, offering a range of parks, schools, and community facilities that support an active and family-oriented lifestyle.

The housing landscape in Yarrabilba is predominantly rental-based, with 61.6% of properties being rented. This high rental rate indicates a transient population, possibly due to the suburb's appeal to young families and individuals seeking affordable living options within commuting distance to Brisbane and the Gold Coast. The presence of 45.9% couple families with children highlights the suburb's focus on family life, while 31.3% of households are one-parent families, reflecting a diverse community structure.

Yarrabilba's development is characterized by modern housing estates and a growing infrastructure that supports its expanding population. The median total household income of $1585 per week suggests a community that is still establishing itself economically, with many residents likely working in nearby urban centers. As Yarrabilba continues to grow, it is poised to become a key residential hub in the region, offering a blend of affordability, community spirit, and accessibility.

Yarrabilba infrastructure, key developments and investment opportunities

Yarrabilba is experiencing rapid growth as a master-planned community, with significant infrastructure developments underway. The suburb is set to gain several new schools, including the recently opened Yarrabilba State Secondary College and San Damiano College. A major retail precinct anchored by a full-line supermarket is planned for the town center, enhancing local shopping options.

Public transport improvements are also in progress, with new bus routes connecting Yarrabilba to surrounding areas. The development of extensive parklands, walking trails, and recreational facilities continues to enhance the suburb's livability. These ongoing projects are likely to boost property values and attract new residents to this growing community between Brisbane and the Gold Coast.

Yarrabilba rental market trends

The rental market in Yarrabilba has experienced moderate growth, with house rents increasing 7.4% over the past year to $580 per week, while unit rents have risen 8.7% to $500 per week. As a developing suburb with expanding amenities and infrastructure, Yarrabilba presents promising opportunities for both renters and investors seeking growth potential in a burgeoning community.

Suburbs near Yarrabilba

Some popular suburbs near Yarrabilba include:

Common questions about Yarrabilba

  • Is Yarrabilba a nice place to live?

    Yarrabilba is a delightful suburb that offers a modern and vibrant lifestyle, making it a wonderful place to live. Nestled conveniently between Brisbane and the Gold Coast, it provides a strategic location for those who commute to either city. The suburb is known for its family-friendly atmosphere, with a strong focus on community and sustainability. Yarrabilba boasts a variety of amenities, including schools, parks, and shopping centers, which cater to the diverse needs of its residents. The abundance of green spaces and recreational facilities enhances the suburb's livability, offering plenty of opportunities for outdoor activities and relaxation.

    For families, Yarrabilba is particularly appealing due to its safe and welcoming environment. The suburb is designed to support an active and family-oriented lifestyle, with numerous parks and community facilities that encourage social interaction and engagement. While Yarrabilba may not have the bustling nightlife of inner-city areas, it compensates with a strong sense of community and a peaceful suburban vibe. The ongoing development and infrastructure improvements promise a bright future for the suburb, making it an attractive option for young families and individuals seeking a balanced suburban environment.

    However, living in Yarrabilba does come with some trade-offs. The high percentage of rental properties suggests a transient population, which may affect the stability of community networks. Additionally, while the suburb offers a range of amenities, those seeking more extensive shopping or entertainment options may need to travel to nearby urban centers. Despite these considerations, Yarrabilba's blend of affordability, community spirit, and accessibility make it a charming place to call home.

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  • Is it expensive to live in Yarrabilba?

    Living in Yarrabilba can be considered relatively affordable compared to some other areas near Brisbane. The current median house price is $690,000, and for units, it's $402,000. These figures suggest that purchasing property in Yarrabilba is more accessible than in many inner-city Brisbane suburbs, where prices tend to be higher. Renting is also moderately priced, with houses averaging $580 per week and units at $500 per week over the past year.

    When we look at the income data, the median total household income in Yarrabilba is $1,585 per week, which translates to around $82,420 annually. This is slightly below the average annual salary in Queensland, which is about $91,200. Despite this, the cost of living in Yarrabilba, particularly in terms of housing, remains manageable for many residents. If you're considering living in Yarrabilba, it's a good idea to weigh these costs against your income to ensure it fits your budget.

    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 Yarrabilba a good place to invest?

    Yarrabilba is showing promising signs as an investment suburb, particularly for those interested in the housing market. Over the past 12 months, the median house value in Yarrabilba has increased by an impressive 16.8%, indicating strong demand and potential for capital growth. This makes it an attractive option for investors looking to benefit from rising property values. Additionally, the rental market for houses has seen a 7.4% increase, suggesting a healthy demand for rental properties and the potential for steady rental income.

    While the median unit value has remained stable over the last year, the rental market for units has experienced an 8.7% increase. This suggests that there is a growing demand for rental units, which could lead to future capital growth in this segment. Yarrabilba's appeal lies in its affordability and the potential for both capital appreciation and rental yield, making it a suburb worth considering for investors who are looking for a balanced investment opportunity.

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