City of Moreton Bay – Pine Rivers Urban – Buyer’s Agent Suburb Report: Bray Park, QLD

November 23, 2024 |

suburbs

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


Overview

Bray Park, located in the Moreton Bay region, is a thriving family-friendly suburb offering a balance of urban convenience and suburban charm. Known for its excellent schools, recreational facilities, and community-oriented vibe, Bray Park is a popular choice for families and investors.


Demographics

  • Population: Approximately 10,000 (2021 Census, ABS).
  • Median Age: 36 years, reflecting a young and dynamic community.
  • Dwelling Type: Predominantly standalone houses with a mix of modern townhouses.
  • Ownership: High ownership rates, indicative of long-term residential stability.

Property Market (2024)

Houses

  • Median Sale Price: $782,500 (+16.6% annual growth).
  • Median Weekly Rent: $500.
  • Rental Yield: 3.4%.
  • Sales Volume: 163 recorded house sales in the past 12 months.

Units

  • Median Sale Price: $664,000 (+6.8% annual growth).
  • Median Weekly Rent: $430.
  • Rental Yield: 3.4%.

Long-Term Trends (2006–2024)

Over the past 18 years, Bray Park’s housing market has demonstrated steady growth, with the median house price increasing from $270,000 in 2006 to $782,500 in 2024. This represents an average annual growth rate of approximately 7.0%.

Recent Notable Sales

  • 12 Guards Street: Sold for $855,000 (Oct 2024).
  • 27 Lockyer Drive: Sold for $866,000 (Oct 2024).
  • 25 Pamela Drive: Sold for $1,040,000 (Sep 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Bray Park offers access to quality educational facilities:

  • Primary Schools:
    • Bray Park State School.
    • Holy Spirit School (Catholic).
  • Secondary Schools:
    • Bray Park State High School.
  • Nearby Private Schools:
    • Genesis Christian College.

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Bray Park Shopping Hub: Offers essential retail and dining options.
  • Nearby Options: Strathpine Shopping Centre provides larger retail facilities and entertainment options.

Parks and Recreation

  • John Bray Park: Features playgrounds, picnic spots, and walking trails.
  • South Pine River: A popular location for outdoor activities such as fishing and kayaking.
  • Les Hughes Sporting Complex: A hub for local sports and recreational activities.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Bray Park is connected via Gympie Road and South Pine Road, offering access to Brisbane CBD and the Bruce Highway.
  • Public Transport:
    • Bray Park Station provides train services to Brisbane, along with regular bus services to surrounding suburbs.
  • Walkability:
    • Moderate; most amenities require a short drive or public transport access.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Expansion: Ongoing development of modern housing estates and townhouses.
  • Community Investments: Upgrades to local parks, schools, and transport infrastructure.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Dominated by healthcare, retail, education, and construction industries.
  • Community Activities:
    • Local markets, cultural festivals, and sports events strengthen community ties.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~10,000 (2021 Census).
Median House Price (2024)$782,500.
Median Rent (Houses)$500/week.
Rental Yield (Houses)3.4%.
Median Unit Price (2024)$664,000.
Median Rent (Units)$430/week.
Rental Yield (Units)3.4%.
Notable ParksJohn Bray Park, South Pine River, Les Hughes Sporting Complex.
Transport AccessGympie Road, Bray Park Station, bus services.

Conclusion

Bray Park offers a strong community environment, excellent amenities, and consistent property growth, making it an ideal suburb for families and investors. Its proximity to Brisbane and family-friendly facilities ensure long-term appeal and potential.

We hope that you have found City of Moreton Bay – Pine Rivers Urban – Buyer’s Agent Suburb Report: Bray Park, QLD helpful.

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