Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $490,000, Annual capital growth 3.66%, Number of sales 283, Weekly median advertised rent $430

Bracken Ridge Unit: Median price $337,500, Annual capital growth 1.07%, 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

Bracken Ridge, 4017 ranked 404th in QLD when comparing growth in median property values or capital gain over the last 12 months. Bracken Ridge is one of 2415 in our list for QLD

Across a shorter period, Bracken Ridge, 4017 has seen a median price increase of 0.62% over the last quarter.

At number 655th of QLD’s most discounted properties, Bracken Ridge is in the TOP 30% of the state/territory when listing in order of most discounted to least.

At number 666 in a list of fastest selling suburbs, Bracken Ridge is in the TOP 20% of suburbs in Australia with an average of days on market 47.16 for properties listed there.

QLD has seen average median house prices change by 0.29% which means that Bracken Ridge, 4017 has done well for property investors by showing a capital gain of -12.34% over the last year

Taking the average capital gain, or increase in median house value, Bracken Ridge,4017 has racked up an average of -12.34% over the period. This ranks it number 1171th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -3.59% to buyers in Bracken Ridge at the moment, which is less than average for the rest of QLD.

With the median price for a house in Bracken Ridge being $337500 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 5.62%

Metrics i HOUSE UNIT
$490,000 $337,500
0.62% 0.45%
3.44% -12.34%
3.66% 1.07%
$430 $365
283 34
4.56% 5.62%
47.16 76.37

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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