Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $488,500, Annual capital growth 3.81%, Number of sales 277, Weekly median advertised rent $430

Bracken Ridge Unit: Median price $334,000, Annual capital growth 0.91%, Number of sales 34, Weekly median advertised rent $365

  • 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 4.16%

While Bracken Ridge,4017 ranked number 305th in QLD for increase in median house value (annualised) increase, it is ranked 263th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Bracken Ridge is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 675th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.81%, investors should hope to achieve an overall return of 4.58%

At number 1605th in the list of Australian suburbs ordered by increase in median house value over the last year, Bracken Ridge, 4017 is in the BOTTOM 10% with a property value increase of -12.11% recorded in median house prices.

If we look at median property appreciation over just the last three months, Bracken Ridge has given property investors a paper return of -0.60%. This puts Suburb as 222 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Bracken Ridge should be aiming for at least -3.31% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 13.96km from the CBD, Bracken Ridge is one of Brisbane localities in the postcode 4017.

Metrics i HOUSE UNIT
$488,500 $334,000
1.24% -0.60%
4.16% -12.11%
3.81% 0.91%
$430 $365
277 34
4.58% 5.68%
44.9 76.22

Source: CoreLogic

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