Eight Mile Plains Real Estate, QLD, 4113 Brisbane
Thinking about buying in Eight Mile Plains? Now could not be a better time, with a whopping 7765 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $682,000 with prices in this suburb ranging from $324,000 to $1,296,000.
Distance to the coast is 12 Km.
Eight Mile Plains Real Estate Market Outlook
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 Eight Mile Plains due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Eight Mile Plains 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 Eight Mile Plains 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.
About
For Sale
More
Local Schools
Eight Mile Plains State School
Warrigal Road State School
(While the above schools are located with the suburb of Eight Mile Plains there may also be nearby schools whose catchments cover this suburb)Local Crime Stats
Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 5.8 | 21.0 | 30.6 | 50.4 | 89.6 | 4.1 | 22.8 |
| Feb | 6.5 | 20.6 | 30.4 | 50.8 | 89.4 | 3.9 | 20.6 |
| Mar | 5.1 | 19.5 | 29.8 | 50.0 | 90.9 | 3.5 | 17.8 |
| Apr | 2.4 | 15.6 | 27.2 | 47.4 | 91.7 | 3.0 | 16.5 |
| May | 1.7 | 11.6 | 24.1 | 45.3 | 91.0 | 2.8 | 14.1 |
| Jun | 1.4 | 9.6 | 21.7 | 48.1 | 92.0 | 2.8 | 12.2 |
| Jul | 0.7 | 8.4 | 21.9 | 41.9 | 90.2 | 2.9 | 13.2 |
| Aug | 0.6 | 8.5 | 24.2 | 33.0 | 88.8 | 3.2 | 16.2 |
| Sept | 0.7 | 11.7 | 26.4 | 35.0 | 89.0 | 3.6 | 19.8 |
| Oct | 2.8 | 14.9 | 27.5 | 41.8 | 90.0 | 3.8 | 22.1 |
| Nov | 1.5 | 17.9 | 29.7 | 41.2 | 86.6 | 4.2 | 26.0 |
| Dec | 3.9 | 19.7 | 30.3 | 46.9 | 88.4 | 4.1 | 24.4 |
source: Australian Government Bureau of Meteorology
Recently Sold
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!
