City of Moreton Bay – Pine Rivers Urban – Buyer’s Agent Suburb Report: Kallangur, QLD
November 23, 2024 | Investment
Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Kallangur, located in the Moreton Bay region, is a growing suburb known for its family-friendly vibe, excellent transport links, and diverse housing options. Its affordability and proximity to Brisbane make it a popular choice for families, first-home buyers, and investors.
Demographics
- Population: Approximately 22,000 (2021 Census, ABS).
- Median Age: 36 years, reflecting a vibrant and family-oriented community.
- Dwelling Type: Predominantly standalone houses with a mix of townhouses and units.
- Ownership: High ownership rates, indicative of long-term residential stability.
Property Market (2024)
Houses
- Median Sale Price: $710,000 (+14.5% annual growth).
- Median Weekly Rent: $550.
- Rental Yield: 4.0%.
- Sales Volume: 325 recorded house sales in the past 12 months.
Units
- Median Sale Price: $500,000 (+23.5% annual growth).
- Median Weekly Rent: $490.
- Rental Yield: 5.1%.
Long-Term Trends (2006–2024)
Over the past 18 years, Kallangur has experienced consistent growth, with the median house price rising from $267,250 in 2006 to $710,000 in 2024. This represents an average annual growth rate of approximately 7.1%.
Recent Notable Sales
- 12 Alexander Avenue: Sold for $790,000 (Nov 2024).
- 18 Water Street: Sold for $1,000,000 (Nov 2024).
- 40 Balstrup Road: Sold for $849,000 (Nov 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Kallangur offers access to a variety of quality educational facilities:
- Primary Schools:
- Kallangur State School.
- Secondary Schools:
- Dakabin State High School.
- Nearby Private Schools:
- Living Faith Lutheran Primary School.
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Lillybrook Shopping Village: Offers essential retail and dining options.
- Nearby Options: North Lakes Westfield provides extensive shopping and entertainment facilities.
Parks and Recreation
- Pine Rivers Park: A popular spot for picnics, playgrounds, and community events.
- Leis Park: Features walking trails and access to the Pine River.
- Rob Akers Reserve: A hub for sports and outdoor activities.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Connected via Bruce Highway and Anzac Avenue, providing easy access to Brisbane CBD and Sunshine Coast.
- Public Transport:
- Dakabin train station and local bus routes offer regular services to Brisbane.
- Walkability:
- Moderate; local amenities are accessible by car or public transport.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Continued development of modern housing estates and units to cater to population growth.
- Community Investments: Upgrades to schools, parks, and public transport infrastructure.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, retail, education, and professional services.
- Community Activities:
- Local events, cultural festivals, and sports programs strengthen community engagement.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
Metric | Value |
---|---|
Population | ~22,000 (2021 Census). |
Median House Price (2024) | $710,000. |
Median Rent (Houses) | $550/week. |
Rental Yield (Houses) | 4.0%. |
Median Unit Price (2024) | $500,000. |
Median Rent (Units) | $490/week. |
Rental Yield (Units) | 5.1%. |
Notable Parks | Pine Rivers Park, Leis Park, Rob Akers Reserve. |
Transport Access | Bruce Highway, Dakabin Station, bus services. |
Conclusion
Kallangur offers an affordable and convenient lifestyle with strong property market growth and excellent community amenities. Its family-friendly environment and proximity to Brisbane ensure long-term appeal for residents and investors alike.
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