Date Prepared: 10th December 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, QGSO Education Maps, RealEstate.com.au, Toddle.com.au, CareforKids.com.au, LocalSearch.com.au, and Moreton Bay Regional Council.
Overview: Emerging Opportunity in Waraba
Waraba, part of the Caboolture West New Suburbs precinct, is poised for transformation into a vibrant community. With plans for modern infrastructure and residential estates, Waraba offers a blend of rural charm and the promise of urban convenience, making it a compelling option for buyers and investors.
Suburb Snapshot
- Location: Approximately 55 km north of Brisbane CBD.
- Median House Price (2024): $925,000 (limited sales data available).
- Lifestyle Appeal: Rural setting with strong potential for future urban growth.
Demographics
- Population: Data unavailable (emerging suburb).
- Median Age: Data unavailable.
- Dwelling Type: Acreage lots transitioning to modern housing estates.
Property Market Overview
Houses
- Median Sale Price: $925,000 (based on a single recorded sale in 2006).
- Median Weekly Rent: Data unavailable due to limited rental activity.
- Rental Yield: Data unavailable.
- Sales Volume: No recorded sales in the past 12 months.
Long-Term Growth
Historical data is sparse; however, the suburb’s inclusion in Caboolture West indicates strong growth potential as development progresses.
Notable Recent Sales
- 2006 Sale: One house recorded at $925,000.
Education Options
- Primary Schools:
- Proposed Waraba State Primary School (future development).
- Caboolture East State School (nearby).
- Secondary Schools:
- Tullawong State High School (nearby).
- Private Schools:
- St Columban’s College (Caboolture).
- Child Care Centers:
- No existing child care centres; future developments are expected to include early learning facilities.
Lifestyle and Amenities
Shopping
- Future Developments:
Planned retail precincts within Caboolture West will offer shopping, dining, and essential services. - Nearby Options:
Caboolture Square and Morayfield Shopping Centre provide comprehensive retail services.
Parks and Recreation
- Planned Parks:
Waraba will feature community parks and recreational spaces as part of its urban design. - Nearby Recreation:
- Centenary Lakes: A well-loved destination for walking and picnics.
- D’Aguilar National Park: Accessible for nature exploration.
Health and Wellbeing
Waraba residents will benefit from proximity to healthcare facilities in nearby Caboolture:
- Medical Services:
- Caboolture Family Medical Centre: Comprehensive GP services.
- Allied health services in Morayfield and Caboolture.
- Hospitals:
- Caboolture Hospital: A regional public hospital offering emergency, maternity, and specialist care.
Community and Employment
Employment Sectors
- Construction and Trades:
Significant job creation from residential and infrastructure projects. - Retail and Hospitality:
Opportunities in planned commercial centres. - Education and Healthcare:
Future schools and medical facilities will support employment growth.
Community Activities
- Future Amenities:
Planned community centres and recreational hubs will encourage social engagement. - Nearby Activities:
- Cultural events and fitness classes in Caboolture and Morayfield.
Recent and Planned Developments
1. Waraba Residential Masterplan
- Overview: A large-scale housing project aimed at creating a sustainable and family-friendly community.
- Purpose: To address housing demand in the growing Moreton Bay region.
- Impact: Expected to attract new residents and boost local economic growth.
2. Caboolture West Infrastructure Project
- Overview: A $250 million initiative to enhance roadways, utilities, and public transport for the Caboolture West region.
- Purpose: To ensure connectivity and support population expansion.
- Impact: Improved infrastructure and accessibility for Waraba and its neighboring suburbs.
For more development projects in the City of Moreton Bay, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics
| Metric | Value |
|---|---|
| Median House Price (2024) | $925,000. |
| Median Rent (Houses) | Data unavailable. |
| Rental Yield (Houses) | Data unavailable. |
| Child Care Centers | Planned developments. |
| Notable Parks | Planned green spaces. |
| Transport Access | Proximity to Bruce Highway and D’Aguilar Highway. |
Conclusion: Why Choose Waraba?
Waraba represents a rare opportunity to invest in an emerging suburb with immense potential. As part of the Caboolture West New Suburbs precinct, it promises modern infrastructure, vibrant community development, and a strong return on investment for buyers and families alike.
Interested in Waraba? Contact me today to explore opportunities in this exciting new community.