Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $487,000, Annual capital growth 3.91%, Number of sales 275, Weekly median advertised rent $435

Bracken Ridge Unit: Median price $332,000, Annual capital growth 0.71%, Number of sales 29, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Bracken Ridge, 4017 have given investors a capital gain of 4.73%. This compares favourably with the 2.41% for QLD as a whole.

If we look at median property appreciation over just the last three months, Bracken Ridge has given property investors a paper return of 0.21%. This puts Suburb as 454 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Bracken Ridge is $487000, with sellers offering an average of -4.55% off the asking price.

Residents and property investors in Bracken Ridge have been waiting around 44.29 days to sell a property.

With a capital gain of -5.95% for the last 12 months, Bracken Ridge, 4017 has performed for property investments than its average annual 0.71% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Bracken Ridge has given property investors a paper return of -2.35%. This puts Suburb as 278 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Bracken Ridge is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 305th in terms of most discounted suburbs in QLD

In the last year 29 properties changed hands in Bracken Ridge, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.

A $365 per week rent on the median house gives suburb investors a gross yield of circa 5.72%, without taking into account capital value appreciation, which has been averaging out at 0.71%.

Metrics i HOUSE UNIT
$487,000 $332,000
0.21% -2.35%
4.73% -5.95%
3.91% 0.71%
$435 $365
275 29
4.64% 5.72%
44.29 68.15

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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
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