Date Prepared: 14th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).

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Overview

Bellara, located on Bribie Island in Queensland, is a tranquil coastal suburb known for its laid-back lifestyle, natural beauty, and strong community feel. Bellara offers a mix of residential charm and investment opportunities, appealing to families, retirees, and holidaymakers.

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Demographics

• Population: Approximately 4,500 (2021 Census, ABS).
• Median Age: 53 years, reflecting a mature community with retirees and families.
• Dwelling Type: Predominantly standalone houses with a mix of units catering to holiday accommodation.
• Ownership: High ownership rates, indicating long-term residential stability and investment appeal.

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Property Market (2024)

Houses

• Median Sale Price: $676,500 (+5.5% annual growth).
• Median Weekly Rent: $545.
• Rental Yield: 4.2%.
• Sales Volume: 47 house sales in the past 12 months.

Units

• Median Sale Price: $565,000 (+18% annual growth).
• Median Weekly Rent: $480.
• Rental Yield: 4.4%.

Long-Term Trends (2006–2024)

Bellara’s housing market has shown strong growth, with the median house price increasing from $275,000 in 2006 to $676,500 in 2024, averaging an annual growth of approximately 5.9% over the last 25 years.

Recent Notable Sales

• 36 Pumicestone Street: Sold for $980,000 (Aug 2024).
• 7 Pumicestone Street: Sold for $915,000 (Aug 2024).
• 16 Parwan Avenue: Sold for $850,000 (Nov 2024).

Source: Pricefinder, Your Investment Property Magazine.

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Education

Bellara provides access to quality education options on Bribie Island and nearby areas:

• Primary Schools:
  • Bribie Island State School.
• Secondary Schools:
  • Bribie Island State High School.
• Private Schools:
  • St. Columban’s College (nearby in Caboolture).

Source: Queensland Department of Education, Landchecker.

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Amenities and Lifestyle

Shopping

• Bellara Shopping Village: Offers essential services, cafes, and boutique stores.
• Nearby Options: Bribie Island Shopping Centre provides larger retail and dining options.

Parks and Recreation

• Sylvan Beach Esplanade: A popular spot for picnics, fishing, and scenic water views.
• Pumicestone Passage: Known for boating, kayaking, and wildlife observation.
• Bribie Island National Park: Offers trails, camping, and pristine beaches.

Source: Google, Walkscore.

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Transport and Accessibility

• Road Network:
  • Bellara is accessible via Bribie Island Road, connecting to Caboolture and the Bruce Highway.
• Public Transport:
  • Regular bus services link Bellara to nearby suburbs and transport hubs.
• Walkability:
  • Moderate; local amenities and parks are within walking distance.

Source: TMR Queensland, Walkscore.

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Recent and Planned Developments

• Residential Growth: Expansion of modern homes and holiday units to meet demand.
• Community Initiatives: Investments in local parks and tourism infrastructure.

Source: Pricefinder, Your Investment Property Magazine.

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Community and Employment

• Employment Sectors:
  • Tourism, retail, healthcare, and construction dominate the local job market.
• Community Activities:
  • Local markets, fishing events, and cultural festivals foster community engagement.

Source: ABS, Your Investment Property Magazine.

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Key Statistics at a Glance

Metric	Value
Population	~4,500 (2021 Census).
Median House Price (2024)	$676,500.
Median Rent (Houses)	$545/week.
Rental Yield (Houses)	4.2%.
Median Unit Price (2024)	$565,000.
Median Rent (Units)	$480/week.
Rental Yield (Units)	4.4%.
Notable Parks	Sylvan Beach Esplanade, Pumicestone Passage, Bribie Island National Park.
Transport Access	Bribie Island Road, bus services.

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Conclusion

Bellara’s scenic coastal lifestyle, growing property market, and robust community appeal make it a standout suburb for investors, retirees, and families. Its proximity to natural attractions and urban conveniences positions it as a desirable location with long-term growth potential.