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

November 23, 2024 |

Strathpine_

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


Overview

Brendale, located in the Moreton Bay region, is a well-established industrial and residential suburb. Its strategic location, proximity to Brisbane, and growing residential developments make it an attractive choice for investors and businesses.


Demographics

  • Population: Approximately 2,800 (2021 Census, ABS).
  • Median Age: 34 years, reflecting a young, working-class population.
  • Dwelling Type: A mix of standalone houses, units, and industrial developments.
  • Ownership: Moderate ownership rates, with a growing rental market.

Property Market (2024)

Houses

  • Median Sale Price: $820,000 (+9.3% annual growth).
  • Median Weekly Rent: $525.
  • Rental Yield: 3.4%.
  • Sales Volume: 8 recorded house sales in the past 12 months.

Units

  • Median Sale Price: $520,000 (+22.1% annual growth).
  • Median Weekly Rent: $390.
  • Rental Yield: 3.9%.

Long-Term Trends (2006–2024)

Brendale has demonstrated consistent growth, with the median house price rising from $310,000 in 2006 to $820,000 in 2024. This represents an average annual growth rate of approximately 6.7%.

Recent Notable Sales

  • 1 Brendale Street: Sold for $760,000 (Oct 2024).
  • 4 Currajong Street: Sold for $882,000 (Sep 2024).
  • 16 Gowrie Street: Sold for $880,000 (Aug 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Brendale offers access to educational facilities in nearby suburbs:

  • Primary Schools:
    • Strathpine West State School (nearby).
  • Secondary Schools:
    • Bray Park State High School.
  • Private Schools:
    • St. Paul’s School (nearby in Bald Hills).

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Strathpine Centre: Provides major retail stores, specialty shops, and dining options.
  • Local Amenities: Smaller shopping hubs cater to everyday essentials.

Parks and Recreation

  • South Pine Sports Complex: A regional hub for sports and community events.
  • Leis Park: Offers picnic areas and access to South Pine River.
  • Wantima Golf Course: A popular recreational spot for golf enthusiasts.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Brendale is connected via South Pine Road and Gympie Road, providing easy access to Brisbane CBD and surrounding areas.
  • Public Transport:
    • Bray Park and Strathpine train stations are nearby, offering regular services to Brisbane.
  • Walkability:
    • Moderate; amenities and parks are within a short drive or public transport access.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Expansion: Growth in townhouse developments to meet rental demand.
  • Industrial Investments: Continued expansion of warehouse and office spaces in the industrial precinct.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Dominated by manufacturing, retail, transport, and construction industries.
  • Community Activities:
    • Sports events and local markets foster community engagement.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~2,800 (2021 Census).
Median House Price (2024)$820,000.
Median Rent (Houses)$525/week.
Rental Yield (Houses)3.4%.
Median Unit Price (2024)$520,000.
Median Rent (Units)$390/week.
Rental Yield (Units)3.9%.
Notable ParksSouth Pine Sports Complex, Leis Park, Wantima Golf Course.
Transport AccessSouth Pine Road, Bray Park Station, Strathpine Station.

Conclusion

Brendale’s strategic location, industrial growth, and increasing residential developments make it a promising suburb for investors and businesses. Its proximity to Brisbane, solid property market performance, and strong employment opportunities ensure its long-term appeal.

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

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