Suburb Profile Report for Brendale QLD (4500)

Brendale House: Median price $375,500, Annual capital growth -4.47%, Number of sales 12, Weekly median advertised rent $398

Brendale Unit: Median price $275,000, Annual capital growth 0.82%, Number of sales 52, Weekly median advertised rent $350

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
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Investment property in Brendale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.31%

In the last year 12 properties changed hands in Brendale, which puts it as the 831th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $20670 per annum or $397.5 every week.

Investment property in Brendale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.55%

When looking at the potential capital gains offered to property investors over the last 3 years, Brendale comes in at number 177th in QLD.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.43% offered to property buyers. Sellers in Brendale itself are offering an average vendor discount of -6.22% to real estate investors.

Residents and property investors in Brendale have been waiting around 81.5806 days to sell a property.

Information supplied by:


April 2019

M
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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
$375,500 $275,000
-1.18% -2.65%
4.31% 0.55%
-4.47% 0.82%
$398 $350
12 52
5.50% 6.62%
46.1818181818182 81.5806451612903

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Good (U)
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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
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