Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Strathpine, located in the Moreton Bay region, is a well-established suburb known for its strong community feel, excellent transport links, and a mix of residential and commercial areas. Its strategic location near Brisbane CBD and the Sunshine Coast adds to its appeal for families, professionals, and investors.
Demographics
- Population: Approximately 9,000 (2021 Census, ABS).
- Median Age: 38 years, reflecting a balanced mix of families and working professionals.
- Dwelling Type: Predominantly standalone houses with some townhouses and units.
- Ownership: High ownership rates, indicative of a stable, long-term residential community.
Property Market (2024)
Houses
- Median Sale Price: $750,000 (+15.4% annual growth).
- Median Weekly Rent: $530.
- Rental Yield: 3.7%.
- Sales Volume: 152 recorded house sales in the past 12 months.
Units
- Median Sale Price: $487,000 (+16.0% annual growth).
- Median Weekly Rent: $415.
- Rental Yield: 4.4%.
Long-Term Trends (2006–2024)
Strathpine’s housing market has experienced consistent growth, with the median house price increasing from $260,000 in 2006 to $750,000 in 2024. This represents an average annual growth rate of approximately 7.4%.
Recent Notable Sales
- 15 Nyanda Street: Sold for $915,000 (Nov 2024).
- 8 Mecklem Street: Sold for $838,000 (Nov 2024).
- 6 Lang Street: Sold for $735,000 (Nov 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Strathpine provides access to a variety of quality educational facilities:
- Primary Schools:
- Strathpine West State School.
- Secondary Schools:
- Pine Rivers State High School.
- Private Schools:
- Genesis Christian College (nearby in Bray Park).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Strathpine Centre: A major retail hub offering a mix of stores, dining, and entertainment options.
- Local Shopping: Smaller retail precincts cater to daily needs.
Parks and Recreation
- Pine Rivers Park: A well-known spot for family picnics, playgrounds, and community events.
- John Bray Park: Features open spaces, walking trails, and sports facilities.
- Rob Akers Reserve: A hub for outdoor and sporting activities.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Strathpine is connected via Gympie Road and the Bruce Highway, providing direct access to Brisbane CBD and the Sunshine Coast.
- Public Transport:
- Strathpine train station offers regular services to Brisbane and beyond.
- Walkability:
- Moderate; local amenities and parks are accessible by car or public transport.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Growth: Modern housing developments and upgrades to existing properties.
- Community Investments: Enhancements to local parks, schools, and transport infrastructure to support the growing population.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, retail, education, and professional services.
- Community Activities:
- Local festivals, markets, and sports events foster a vibrant community atmosphere.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~9,000 (2021 Census). |
| Median House Price (2024) | $750,000. |
| Median Rent (Houses) | $530/week. |
| Rental Yield (Houses) | 3.7%. |
| Median Unit Price (2024) | $487,000. |
| Median Rent (Units) | $415/week. |
| Rental Yield (Units) | 4.4%. |
| Notable Parks | Pine Rivers Park, John Bray Park, Rob Akers Reserve. |
| Transport Access | Gympie Road, Strathpine Station, bus services. |
Conclusion
Strathpine offers a unique combination of affordability, convenience, and strong market growth. Its family-friendly environment, excellent amenities, and proximity to Brisbane make it a top choice for both residents and investors.