Suburb Profile Report for Bracken Ridge QLD (4017)

Bracken Ridge House: Median price $480,000, Annual capital growth 4.42%, Number of sales 268, Weekly median advertised rent $430

Bracken Ridge Unit: Median price $340,000, Annual capital growth 1.66%, Number of sales 38, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Bracken Ridge has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.67% to date .

Taking the average capital gain, or increase in median house value, Bracken Ridge,4017 has racked up an average of 6.67% over the period. This ranks it number 2139th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Bracken Ridge are currently offering property investors an average price cut of -4.96% below the asking price at the moment.

Bracken Ridge is 402th on a list of best yielding suburbs for rents in QLD with a 4.66% return

Property value increases in Bracken Ridge have tracked just higher than the QLD average of 0.98% over the last 12 months.

If we look at median property appreciation over just the last three months, Bracken Ridge has given property investors a paper return of -0.73%. This puts Suburb as 212 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Bracken Ridge is $340000, with sellers offering an average of -3.66% off the asking price.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 1.66%, investors should hope to achieve an overall return of 5.66%

HOUSE UNIT
$480,000 $340,000
1.05% -0.73%
6.67% 3.03%
4.42% 1.66%
$430 $370
268 38
4.66% 5.66%
40.54 81.88

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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