Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $470,000, Annual capital growth 4.40%, Number of sales 259, Weekly median advertised rent $435

Bracken Ridge Unit: Median price $350,500, Annual capital growth 4.29%, Number of sales 50, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Bracken Ridge has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.21%

When looking at the potential capital gains offered to property investors over the last 3 years, Bracken Ridge comes in at number 354th in QLD.

Vendor discounting in Bracken Ridge is giving property investors an average Vendor Discount of around -4.81%. This puts suburb at number 678th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $435 and the average annual increase in value of a median property of 4.40%, investors should hope to achieve an overall return of 4.81%

Property value increases in Bracken Ridge have tracked higher than the QLD average of 0.77% over the last 12 months.

Comparing Bracken Ridge,4017 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

At number 294th of QLD’s most discounted properties, Bracken Ridge is in the TOP 10% of the state/territory when listing in order of most discounted to least.

A $375 per week rent on the median house gives suburb investors a gross yield of circa 5.56%, without taking into account capital value appreciation, which has been averaging out at 4.29%.

HOUSE UNIT
$470,000 $350,500
0.43% -1.27%
6.21% 8.42%
4.40% 4.29%
$435 $375
259 50
4.81% 5.56%
39.7 76.15

Source: CoreLogic

DSR Score for property investment : Good (H), 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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