City of Moreton Bay – Bribie Island – Buyer’s Agent Suburb Report: Bellara, QLD

November 14, 2024 |

Moreton_Bay_Bongaree_1

Date Prepared: 14th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).


Overview

Bellara, located on Bribie Island in Queensland, is a tranquil coastal suburb known for its laid-back lifestyle, natural beauty, and strong community feel. Bellara offers a mix of residential charm and investment opportunities, appealing to families, retirees, and holidaymakers.


Demographics

  • Population: Approximately 4,500 (2021 Census, ABS).
  • Median Age: 53 years, reflecting a mature community with retirees and families.
  • Dwelling Type: Predominantly standalone houses with a mix of units catering to holiday accommodation.
  • Ownership: High ownership rates, indicating long-term residential stability and investment appeal.

Property Market (2024)

Houses

  • Median Sale Price: $676,500 (+5.5% annual growth).
  • Median Weekly Rent: $545.
  • Rental Yield: 4.2%.
  • Sales Volume: 47 house sales in the past 12 months.

Units

  • Median Sale Price: $565,000 (+18% annual growth).
  • Median Weekly Rent: $480.
  • Rental Yield: 4.4%.

Long-Term Trends (2006–2024)

Bellara’s housing market has shown strong growth, with the median house price increasing from $275,000 in 2006 to $676,500 in 2024, averaging an annual growth of approximately 5.9% over the last 25 years.

Recent Notable Sales

  • 36 Pumicestone Street: Sold for $980,000 (Aug 2024).
  • 7 Pumicestone Street: Sold for $915,000 (Aug 2024).
  • 16 Parwan Avenue: Sold for $850,000 (Nov 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Bellara provides access to quality education options on Bribie Island and nearby areas:

  • Primary Schools:
    • Bribie Island State School.
  • Secondary Schools:
    • Bribie Island State High School.
  • Private Schools:
    • St. Columban’s College (nearby in Caboolture).

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Bellara Shopping Village: Offers essential services, cafes, and boutique stores.
  • Nearby Options: Bribie Island Shopping Centre provides larger retail and dining options.

Parks and Recreation

  • Sylvan Beach Esplanade: A popular spot for picnics, fishing, and scenic water views.
  • Pumicestone Passage: Known for boating, kayaking, and wildlife observation.
  • Bribie Island National Park: Offers trails, camping, and pristine beaches.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Bellara is accessible via Bribie Island Road, connecting to Caboolture and the Bruce Highway.
  • Public Transport:
    • Regular bus services link Bellara to nearby suburbs and transport hubs.
  • Walkability:
    • Moderate; local amenities and parks are within walking distance.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Growth: Expansion of modern homes and holiday units to meet demand.
  • Community Initiatives: Investments in local parks and tourism infrastructure.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Tourism, retail, healthcare, and construction dominate the local job market.
  • Community Activities:
    • Local markets, fishing events, and cultural festivals foster community engagement.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~4,500 (2021 Census).
Median House Price (2024)$676,500.
Median Rent (Houses)$545/week.
Rental Yield (Houses)4.2%.
Median Unit Price (2024)$565,000.
Median Rent (Units)$480/week.
Rental Yield (Units)4.4%.
Notable ParksSylvan Beach Esplanade, Pumicestone Passage, Bribie Island National Park.
Transport AccessBribie Island Road, bus services.

Conclusion

Bellara’s scenic coastal lifestyle, growing property market, and robust community appeal make it a standout suburb for investors, retirees, and families. Its proximity to natural attractions and urban conveniences positions it as a desirable location with long-term growth potential.

We hope that you have found City of Moreton Bay – Bribie Island – Buyer’s Agent Suburb Report: Bellara, QLD helpful.

Click here to contact our expert team of Queensland Buyer's Agents.

Don’t forget to follow our buyer's agents team on Facebook or LinkedIn!