Redland City – Suburb Report: Alexandra Hills, QLD
November 14, 2024 | Investment
Date Prepared: 13th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Alexandra Hills, situated 22 km southeast of Brisbane’s CBD, is a vibrant suburb in the Redland City Council region. It combines suburban conveniences with a community-focused lifestyle. The suburb offers a diverse housing market, established amenities, and strong connectivity, making it a popular choice for families and investors alike.
Demographics
- Population: Approximately 17,000 (2021 Census, ABS).
- Median Age: 39 years, reflecting a balance between young families and established residents.
- Dwelling Type: Primarily freestanding houses, catering to families and professionals.
- Ownership: High levels of owner-occupiers, indicative of long-term stability in the area.
Property Market (2024)
Houses
- Median Sale Price: $830,000 (+13.5% annual growth).
- Median Weekly Rent: $660.
- Rental Yield: 4.1%.
- Sales Volume: 245 sales recorded over the past 12 months.
Units
- Median Sale Price: $572,500 (+8.0% annual growth).
- Median Weekly Rent: $490.
- Rental Yield: 4.5%.
Long-Term Trends (2006–2024)
- Alexandra Hills has consistently shown strong growth, with the median house price increasing from $314,574 in 2006 to $830,000 in 2024.
Recent Notable Sales
- 13 Mackay Court: $955,080 (Nov 2024).
- 24 Jasper Street: $1,307,000 (Oct 2024).
- 19 William Street: $885,000 (Oct 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Alexandra Hills provides access to quality educational institutions:
- Primary Schools:
- Alexandra Hills State School.
- Vienna Woods State School.
- Secondary Schools:
- Alexandra Hills State High School.
- Private Schools:
- St. Anthony’s Catholic Primary School.
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Alexandra Hills Shopping Centre: Includes major retailers and specialty stores.
- Capalaba Central and Capalaba Park Shopping Centres: Nearby hubs with expanded retail, dining, and entertainment options.
Parks and Recreation
- Windemere Road Park: Offers playgrounds, open spaces, and picnic facilities.
- Alexandra Hills Skate Park: A well-maintained space popular with families and youth.
- IndigiScapes Centre (Capalaba): A nature-focused venue featuring walking trails and environmental programs.
Source: Google, Walkscore.
Transport and Accessibility
- Roads:
- Finucane Road and Redland Bay Road connect Alexandra Hills to Brisbane and surrounding suburbs.
- Public Transport:
- Bus routes provide regular services to Brisbane and Redland City.
- Walkability:
- Moderate; most errands require a car, but local parks and shops are accessible on foot.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Developments: A growing focus on family-oriented housing projects to cater to demand.
- Community Enhancements: Local council investments in infrastructure, park upgrades, and public amenities.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, education, retail, and trades.
- Community Activities: Regular markets, sports clubs, and events enhance the suburb’s lively atmosphere.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
Metric | Value |
---|---|
Population | ~17,000 (2021 Census). |
Median House Price (2024) | $830,000. |
Median Rent (Houses) | $660/week. |
Rental Yield (Houses) | 4.1%. |
Median Unit Price (2024) | $572,500. |
Median Rent (Units) | $490/week. |
Rental Yield (Units) | 4.5%. |
Notable Parks | Windemere Road Park, Alexandra Hills Skate Park, IndigiScapes Centre. |
Transport Access | Finucane Road, bus services. |
Conclusion
Alexandra Hills offers a robust property market, excellent lifestyle amenities, and a strong sense of community. With its strategic location near Brisbane and the Redlands Coast, it is an appealing choice for both families and investors. The suburb’s sustained property growth and infrastructure improvements indicate ongoing potential.
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