Suburb Profile Report for Brendale QLD (4500)

Brendale House: Median price $499,000, Annual capital growth -4.29%, Number of sales 14, Weekly median advertised rent $345

Brendale Unit: Median price $275,500, Annual capital growth 1.56%, Number of sales 89, Weekly median advertised rent $348

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

When looking at the potential capital gains offered to property investors over the last 3 years, Brendale comes in at number 147th in QLD.

With the median price for a house in Brendale being $499000 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 3.60%

Property value increases in Brendale have tracked just lower than the QLD average of 8.71% over the last 12 months.

A 1.66% growth in median value for property investors in Brendale,4500 puts this suburb at number 194th in terms of best performing suburbs in QLD

The most recent median price for Brendale is $275500, with sellers offering an average of -3.50% off the asking price.

On average over the past year, suburb has had 7.42 sales per month, which equates to 89 per year.

Brendale is 83th on a list of best yielding suburbs for rents in QLD with a 6.56% return

Information supplied by:


April 2019

M
O

W
E

Affordable suburb offers good yields

Postcode: 4500

Median unit price: $389,000

Three-year growth: 0.6%

Rental yield: 4.6%

One of the industrial hubs of the Pine Rivers region, Brendale enjoys an advantageous location less than 20km from the Brisbane CBD.

Despite a stumble that had house values slipping by 0.3% in the year to January 2019, the January 2019 quarter recorded a recovery for the suburb, with prices going up by 8.1% in this period to hit a median of $389,000. Coupled with reasonable yield and strong demand from buyers, Brendale could be a great option for investment.

The suburb was named for a horse stud that belonged to a land developer. Since its establishment in around 1870, Brendale had undergone much change. The Brendale Farmers Market makes it home on Kremzow Road, and there are sports facilities in the suburb, including two golf courses, a driving range and a sporting complex. There is also a small park near a housing estate.

Metrics i HOUSE UNIT
$499,000 $275,500
0.81% 2.04%
N/A 3.18%
-4.29% 1.56%
$345 $348
14 89
3.60% 6.56%
41.9166666666667 50.4761904761905

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Brendale QLD
Demographics
Total population 1846
Median household income ($/weekly) 1032
Median age of persons 34
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 206 11.1
    25-34 years 361 19.5
    35-44 years 277 15.0
    45-54 years 208 11.3
    55-64 years 191 10.3
    Others 605 32.7
    Age Group
    Census Count Percent(%)
    Not Married 709 50.4
    Registered Married 521 37.0
    Defacto Relationship 177 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1206 68.3
    Indonesia 72 4.1
    Papua New Guinea 184 10.4
    United Kingdom 84 4.8
    Other 72 4.1
    Others 148 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 25 1.5
    Christianity 1092 65.9
    Hinduism 49 3.0
    Other Religious Groups 46 2.8
    No Religion 437 26.4
    Others 7 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 104 13.7
    $600-$799 90 11.9
    $800-$999 93 12.3
    $1,000-$1,249 90 11.9
    $1,250-$1,499 94 12.4
    Others 287 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 674 47.0
    Not in the labour force 419 29.2
    Employed, worked part-time 224 15.6
    Unemployed, looking for work 74 5.2
    Employed, away from work 42 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 139 14.8
    Technicians & trades workers 138 14.7
    Clerical & administrative workers 179 19.0
    Machinery operators & drivers 104 11.1
    Labourers 107 11.4
    Others 274 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 23 6.6
    Infants/Primary 128 36.7
    Secondary 80 22.9
    Technical or Further Educational Institution 49 14.0
    University or other Tertiary Institutions 50 14.3
    Others 19 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 1243 69.7
    Separate house 534 29.9
    House or flat attached to a shop, office 6 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 344 42.6
    Being purchased 268 33.2
    Fully owned 195 24.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table