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 robust growth, particularly in the housing sector, over the past 12 months. House values have surged by 17.5%, with the median house price reaching $700,000. 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 predominantly in the housing market, with 81 houses sold compared to just 2 units in the past 12 months. Houses are selling rapidly, with a median of 13 days on the market, while units are taking longer at 42 days, indicating a stronger demand for houses.
The rental market in Yarrabilba has seen moderate increases, with house rents rising by 5.5% and unit rents by 8.7% over the last 12 months. The average rent for houses is $580, while units average $500, reflecting a healthy rental demand in the area.
Median price - houses$700KPast 3 months
Median price - units$402KPast 3 months
Change in value - houses17.5%12 months
Change in value - units-0.2%12 months
Houses sold81Past 3 months
Units sold2Past 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 - units8.7%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 by 5.5% over the past year to $580 per week, while unit rents have seen a more significant rise of 8.7% to $500 per week. As a developing suburb with expanding amenities and infrastructure, Yarrabilba offers promising opportunities for both renters and investors seeking growth potential.
Suburbs near Yarrabilba
Some popular suburbs near Yarrabilba include: