Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $486,750, Annual capital growth 4.06%, Number of sales 272, Weekly median advertised rent $430

Bracken Ridge Unit: Median price $332,000, Annual capital growth 0.68%, Number of sales 31, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bracken Ridge, 4017 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.82%.

Over the longer term, Bracken Ridge has seen property prices show investors a 17.01% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Bracken Ridge 4017 should be seeing an average reduction in asking price of around -4.55% . This means that Bracken Ridge is holding prices well when compared to other suburbs in QLD.

At number 347 in a list of fastest selling suburbs, Bracken Ridge is in the TOP 10% of suburbs in Australia with an average of days on market 42.64 for properties listed there.

Bracken Ridge is 411th on a list of best yielding suburbs for rents in QLD with a 4.59% return

Investment property in Bracken Ridge has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.41%

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 276 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Bracken Ridge is $332000, with sellers offering an average of -3.21% off the asking price.

Property investors should expect to get $365 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$486,750 $332,000
1.41% -2.35%
5.82% -5.41%
4.06% 0.68%
$430 $365
272 31
4.59% 5.72%
42.64 84.38

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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Recent sales & rentals