Bracken Ridge is a well-established suburb in Queensland within the Brisbane local government area (postcode 4017). With a population of 17,488, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $103K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bracken Ridge is $840,000, having surged 12.9% over the past year. Units have a median price of $545,000 (+15.2% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,800.
Bracken Ridge is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1020, which is around the national average of 1,000. Public transport access includes 76 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Bracken Ridge offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($840K/$1.1M). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +12.9% year-on-year.
Bracken Ridge is a well-established suburb in Queensland within the Brisbane local government area (postcode 4017). With a population of 17,488, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $103K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bracken Ridge is $840,000, having surged 12.9% over the past year. Units have a median price of $545,000 (+15.2% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,800.
Bracken Ridge is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1020, which is around the national average of 1,000. Public transport access includes 76 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Bracken Ridge offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($840K/$1.1M). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +12.9% year-on-year.