Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $479,000, Annual capital growth 4.40%, Number of sales 270, Weekly median advertised rent $430

Bracken Ridge Unit: Median price $340,500, Annual capital growth 2.73%, Number of sales 41, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Bracken Ridge, 4017 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.44%

Bracken Ridge,4017 was ranked 2173 in Australia by increase in median property value over the quarter.

Vendor discounting in Bracken Ridge is giving property investors an average Vendor Discount of around -5.06%. This puts suburb at number 634th in QLD when ranking the most discounted suburbs.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

With a capital gain of 4.43% for the last 12 months, Bracken Ridge, 4017 has performed for property investments than its average annual 2.73% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Bracken Ridge comes in at number 181th in QLD.

The most recent median price for Bracken Ridge is $340500, with sellers offering an average of -3.43% off the asking price.

In the last year 41 properties changed hands in Bracken Ridge, which puts it as the 204th most active market in QLD when comparing the number of sales per suburb.

Situated 15.66km from the CBD, Bracken Ridge is one of Brisbane localities in the postcode 4017.

HOUSE UNIT
$479,000 $340,500
0.84% -2.85%
6.44% 4.43%
4.40% 2.73%
$430 $370
270 41
4.67% 5.65%
40.36 81

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Bracken Ridge QLD
Demographics
Total population 16799
Median household income ($/weekly) 1511
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 2275 13.5
    25-34 years 2255 13.4
    35-44 years 2439 14.5
    45-54 years 2323 13.8
    55-64 years 2057 12.2
    Others 5450 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 6439 51.9
    Not Married 4778 38.5
    Defacto Relationship 1185 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 12534 78.1
    Papua New Guinea 791 4.9
    Philippines 362 2.3
    United Kingdom 776 4.8
    Other 467 2.9
    Others 1116 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 137 0.9
    Christianity 11608 75.5
    Hinduism 213 1.4
    Islam 126 0.8
    No Religion 3158 20.5
    Others 130 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 506 9.8
    $1,250-$1,499 470 9.1
    $1,500-$1,999 845 16.4
    $2,000-$2,499 719 14.0
    $2,500-$2,999 488 9.5
    Others 2115 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5727 44.9
    Not in the labour force 3576 28.1
    Employed, worked part-time 2509 19.7
    Employed, away from work 491 3.9
    Unemployed, looking for work 442 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1442 16.5
    Technicians & trades workers 1274 14.6
    Community & personal service workers 919 10.5
    Clerical & administrative workers 1663 19.1
    Sales 968 11.1
    Others 2461 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 211 5.4
    Infants/Primary 1535 39.1
    Secondary 1106 28.2
    Technical or Further Educational Institution 380 9.7
    University or other Tertiary Institutions 604 15.4
    Others 91 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14758 92.0
    Semi-detached, row or terrace house, townhouse 1217 7.6
    Flat, unit or apartment 57 0.4
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2391 42.4
    Fully owned 1727 30.6
    Rented 1472 26.1
    Other tenure type 45 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals