Thinking about buying in Brisbane? Now could not be a better time, with a whopping 5358 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,376,000 with prices in this suburb ranging from $403,000 to $8,656,000.Distance to the coast is 14 Km.
Consistent high demand relative to supply is a key feature in Brisbane driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Brisbane ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Brisbane classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Brisbane requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
A shining metropolitan jewel on Australia’s east coast, Brisbane is the capital city of the state of Queensland and Australia’s third most populous city. A capital in nature as much as it is in name, Brisbane defies its off-centre location within its state, acting in the eyes of many as its heart and soul. Brisbane is named for the Brisbane River, a stunning tidal estuary and the widest river for miles, which cuts right through the centre of the city; The soaring skyline of the city’s Central Business District provides a stark but elegant contrast to the river’s preserved natural beauty. Brisbane is a diverse and thriving hub of culture, business, and research, and is recognised as a global city for its significance on a world-wide scale.
Since its inception in the early 19th century Brisbane’s population has swelled from that of a small settlement to in excess of 2.5 million residents. The city sits just north of the state border between Brisbane’s own state of Queensland and its neighbour, New South Wales, and sprawls for some 6000 square miles. Despite its vast proportions and sizeable population, the entire city comprises just 7 Local Government Areas, the largest of which is the City of Brisbane, which encompasses the vast majority of the city’s central metropolis. Evidence of prestige and progress is threaded throughout the city; Brisbane is home to 5 major multi-campus universities including the University of Queensland and Griffith University, and regularly hosts global sporting events, along with festivals of culture, music, art and more.
From a real estate perspective, Brisbane is an excellent place to own property. With an established, constant high demand for housing and a number of incredibly sought after areas (the concentration of which gets higher the close you get to the Central Business District, as is the case with most cities of this magnitude), Brisbane caters to those in the market for beautiful properties in exclusive locations; However many of the properties for sale further out in Brisbane’s suburbs are much more affordable and provide a less fast-paced, busy lifestyle. The gentrification of nearby areas and the continual expansion of the city’s urban sprawl ensure a continual growth in supply to meet the growing demand for property.
Brisbane has a unique culture, a character of its own that can be found in its many museums and galleries, in its green spaces and its impressive skyline. Known to many affectionately as ‘Brissie’, Brisbane’s excellent connections by road, rail, and air (via Brisbane Airport) draw in people of all different creeds and backgrounds either as tourists or as prospective residents, making it one of the world’s most diverse cities. Further adding to the buzz surrounding Brisbane, it is set to host the 2032 Olympic Games, which is expected to bring even more attention to this already thriving metropolis. No matter what you’re looking for, with such a rich history and an equally bright future, owning property in Brisbane is too good of an opportunity to miss.
|Median Weekly Rent||$433.84|
|Median Monthly Mortgage||$2382.92|
|Median Persons Per Bedroom||0.81|
|Average Household Size||2.92|
|Average Cars Per Dwelling||1.85|
|Average Properties Within 50M||11|
|1 Bed $1,305,000|
|2 Bed $1,102,000|
|3 Bed $1,290,000|
|4 Bed $1,573,000|
|5 Bed $2,025,000|
|78 BARMORE ST, TARRAGINDI, QLD, 4121||3||1||1||Offers Over $899,000|
|54 BARNEHURST ST, TARRAGINDI, QLD, 4121||3||2||2||Auction|
|73 MOORBELL ST, TARRAGINDI, QLD, 4121||3||1||1||Auction|
Wellers Hill State School
St Elizabeth's School
Holland Park State High School
Marshall Road State School
Mary Immaculate Primary School
Our Lady's College
Junction Park State School
St Joachim's School
Nursery Road State Special School
Yarranlea Primary School(While the above schools are located with the suburb of Brisbane there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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