Suburb Profile Report for Bardon QLD (4065)

Bardon House: Median price $940,000, Annual capital growth 5.77%, Number of sales 160, Weekly median advertised rent $550

Bardon Unit: Median price $562,500, Annual capital growth 3.05%, Number of sales 39, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Bardon have tracked higher than the QLD average of 2.51% over the last 12 months.

While Bardon,4065 ranked number 228th in QLD for increase in median house value (annualised) increase, it is ranked 187th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Bardon itself are offering an average vendor discount of -8.49% to real estate investors.

Residents and property investors in Bardon have been waiting around 63.67 days to sell a property.

Property investors should expect to get $550 weekly from the median priced house in this suburb.

Property investors who have had real estate in Bardon, 4065 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.70%

A 13.64% growth in median value for property investors in Bardon,4065 puts this suburb at number 322th in terms of best performing suburbs in QLD

Bardon4065 is located in QLD which offers an average discount of -6.05% to property investors. Bardon itself is showing figures that indicate -6.91% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $495 mark per week – giving a return of 4.58% based on the median price in Suburb

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Just 4.5km west of Brisbane CBD, Bardon is a leafy suburb with views to the city and the bush land area of Mt Coot-tha. The suburb has undergone gentrification over the past decade with most of the old-style Queenslanders and workers cottages being renovated and converted into modern dwellingsFull summary

Located just 4.5km west of Brisbane CBD, Bardon is a leafy suburb with views to the city and the bush land area of Mt Coot-tha. The suburb has undergone gentrification over the past decade with most of the old-style Queenslands and workers cottages being renovated and converted into modern dwellings.

It’s elevated position, leafy outlook and close proximity to the city has fuelled solid growth in the area. While it’s considered a transport black hole, because there are no trains going into the area, it’s adequately serviced by buses.

“It’s seen 13% pa growth over the past 10 years and once we start seeing some upgrades to transport in that area that should push price growth further up,” says PRDnationwide's Josh Brown.

The Brisbane City Council is also upgrading its bus services so the accessibility is also set improve.

Close
Metrics i HOUSE UNIT
$940,000 $562,500
2.17% -5.46%
11.77% -4.70%
5.77% 3.05%
$550 $495
160 39
3.04% 4.58%
63.67 65.6

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Bardon QLD
Demographics
Total population 9256
Median household income ($/weekly) 2287
Median age of persons 36
Median housing loan repayment ($/monthly) 2492
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1329 14.4
    25-34 years 1223 13.2
    35-44 years 1590 17.2
    45-54 years 1286 13.9
    55-64 years 928 10.0
    Others 2899 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 3251 49.4
    Not Married 2597 39.5
    Defacto Relationship 732 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7377 82.3
    Papua New Guinea 238 2.7
    United Kingdom 499 5.6
    United States of America 86 1.0
    Other 279 3.1
    Others 482 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 1.0
    Christianity 5599 65.3
    Islam 38 0.4
    Other Religious Groups 33 0.4
    No Religion 2777 32.4
    Others 43 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 293 10.1
    $2,000-$2,499 240 8.2
    $2,500-$2,999 463 15.9
    $3,000-$3,499 348 11.9
    $4,000 or more 382 13.1
    Others 1187 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3165 45.1
    Not in the labour force 1737 24.8
    Employed, worked part-time 1636 23.3
    Employed, away from work 285 4.1
    Unemployed, looking for work 195 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 817 16.1
    Professionals 2106 41.4
    Community & personal service workers 408 8.0
    Clerical & administrative workers 677 13.3
    Sales 382 7.5
    Others 694 13.7
    Occupation
    Census Count Percent(%)
    Pre-school 165 6.0
    Infants/Primary 953 34.8
    Secondary 670 24.5
    Technical or Further Educational Institution 134 4.9
    University or other Tertiary Institutions 772 28.2
    Others 42 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7795 90.3
    Flat, unit or apartment 490 5.7
    Semi-detached, row or terrace house, townhouse 338 3.9
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1284 40.3
    Fully owned 1051 33.0
    Rented 832 26.1
    Other tenure type 21 0.7
    Tenure Type
Census 2011, ABS
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