Thinking about buying in Eagle Farm? Now could not be a better time, with a whopping 1004 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,490,000 with prices in this suburb ranging from $697,000 to $5,400,000.Distance to the coast is 6 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Eagle Farm due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Eagle Farm changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Eagle Farm necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$430.00|
|Median Monthly Mortgage||$2001.20|
|Median Persons Per Bedroom||0.92|
|Average Household Size||2.00|
|Average Cars Per Dwelling||2.25|
|Average Properties Within 50M||9.00|
|OFFICE 1, 263 CULLEN AV EAST, EAGLE FARM, QLD, 4009|
None within suburb boundary(While the above schools are located with the suburb of Eagle Farm 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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