Moreton Bay – Pine Rivers Urban – Suburb Report: Arana Hills, QLD

November 23, 2024 |

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Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).


Overview

Arana Hills, nestled in the Moreton Bay region, is a vibrant, family-friendly suburb known for its lush greenery, excellent schools, and suburban charm. Its proximity to Brisbane CBD and extensive local amenities make it a desirable choice for families and professionals alike.


Demographics

  • Population: Approximately 7,800 (2021 Census, ABS).
  • Median Age: 39 years, reflecting a balanced mix of families and working professionals.
  • Dwelling Type: Predominantly standalone houses with a mix of townhouses and modern units.
  • Ownership: High ownership rates, indicative of long-term residential stability.

Property Market (2024)

Houses

  • Median Sale Price: $966,225 (+16.4% annual growth).
  • Median Weekly Rent: $680.
  • Rental Yield: 3.7%.
  • Sales Volume: 105 house sales recorded in the past 12 months.

Units

  • Median Sale Price: $782,000 (+3.0% annual growth).
  • Median Weekly Rent: $680.
  • Rental Yield: 4.5%.

Long-Term Trends (2006–2024)

Over the past 18 years, Arana Hills has demonstrated significant growth, with the median house price increasing from $339,250 in 2006 to $966,225 in 2024. This represents an average annual growth rate of approximately 7.0%.

Recent Notable Sales

  • 30 Cawdor Street: Sold for $1,055,000 (Nov 2024).
  • 44 Reginald Avenue: Sold for $1,520,000 (Nov 2024).
  • 16 Hutton Road: Sold for $1,005,000 (Oct 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Arana Hills offers access to several quality educational institutions:

  • Primary Schools:
    • Grovely State School.
  • Secondary Schools:
    • Ferny Grove State High School.
  • Private Schools:
    • Prince of Peace Lutheran College (nearby in Everton Hills).

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Arana Hills Plaza: Features major retailers, specialty stores, and dining options.
  • Nearby Options: Brookside Shopping Centre offers extensive retail and entertainment facilities.

Parks and Recreation

  • Leslie Patrick Park: A community hub with playgrounds, walking tracks, and picnic facilities.
  • Bunyaville Conservation Park: Popular for hiking, biking, and birdwatching.
  • Arana Hills Library: Provides educational resources and community programs.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Connected via Samford Road and South Pine Road, offering easy access to Brisbane CBD.
  • Public Transport:
    • Regular bus services and nearby Ferny Grove train station provide convenient commuting options.
  • Walkability:
    • Moderate; most amenities and schools are within short driving or public transport access.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Expansion: Continued growth in family homes and modern housing estates.
  • Community Investments: Upgrades to parklands, schools, and local infrastructure to enhance livability.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Healthcare, education, retail, and professional services dominate the local job market.
  • Community Activities:
    • Local events, sports leagues, and community festivals foster strong neighborhood ties.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~7,800 (2021 Census).
Median House Price (2024)$966,225.
Median Rent (Houses)$680/week.
Rental Yield (Houses)3.7%.
Median Unit Price (2024)$782,000.
Median Rent (Units)$680/week.
Rental Yield (Units)4.5%.
Notable ParksLeslie Patrick Park, Bunyaville Conservation Park, Arana Hills Library.
Transport AccessSamford Road, Ferny Grove Station, bus services.

Conclusion

Arana Hills combines suburban serenity with urban convenience, making it a top choice for families and professionals. With its excellent amenities, strong community, and consistent property market growth, Arana Hills offers long-term potential for residents and investors alike.

We hope that you have found Moreton Bay – Pine Rivers Urban – Suburb Report: Arana Hills, QLD helpful.

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