Date Prepared: 28th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, QGSO Education Maps, RealEstate.com.au, and Google (for parks).
Why Bunya Stands Out for Acreage Living
Nestled within the scenic Pine Rivers region, Bunya offers a unique blend of spacious acreage properties, tranquil living, and proximity to urban conveniences. With consistent market growth and a strong sense of community, Bunya is the perfect suburb for families, professionals, and investors seeking an acreage lifestyle.
Suburb Snapshot
- Location: Approximately 21 km northwest of Brisbane CBD.
- Median House Price (2024): $1,821,300 (+17.5% annual growth).
- Lifestyle Appeal: Known for expansive properties, serene landscapes, and family-oriented living.
Demographics
- Population: Approximately 1,400 (2021 Census, ABS).
- Median Age: 41 years, reflecting a mature and family-friendly community.
- Dwelling Type: Predominantly large, standalone homes with acreage.
- Ownership: High owner-occupancy rates, indicative of long-term residential stability.
Property Market Overview (2024)
Houses
- Median Sale Price: $1,821,300 (+17.5% annual growth).
- Median Weekly Rent: $990.
- Rental Yield: 2.8%.
- Sales Volume: 25 recorded house sales in the past 12 months.
Long-Term Growth
Bunya has shown steady growth over the years, with house prices increasing from $595,750 in 2006 to $1,821,300 in 2024. This represents an impressive average annual growth rate of 7.2%.
Notable Recent Sales
- 57 Blue Hills Drive: Sold for $2,600,000 (Sep 2024).
- 72 Wilga Drive: Sold for $2,280,000 (Nov 2024).
- 33 Wilga Drive: Sold for $3,255,000 (Aug 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education Options in Bunya
- Primary Schools:
- Ferny Hills State School (nearby).
- Secondary Schools:
- Ferny Grove State High School.
- Nearby Private Schools:
- Prince of Peace Lutheran College.
Source: QGSO Education Maps, Landchecker.
Lifestyle and Amenities
Shopping
- Local Convenience: Small retail options within the suburb.
- Nearby Options: Arana Hills Plaza and Brookside Shopping Centre offer extensive retail and dining facilities.
Parks and Recreation
- Bunyaville Conservation Park: Ideal for bushwalking, cycling, and picnics, offering a serene retreat for nature enthusiasts.
- Samford Valley: A short drive away, providing additional recreational opportunities and a charming village atmosphere.
- Leslie Patrick Park: Features playgrounds and open spaces for families.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Connected via Bunya Road and South Pine Road, providing easy access to Brisbane CBD and surrounding suburbs.
- Public Transport:
- Nearby Ferny Grove train station offers regular services to Brisbane.
- Walkability:
- Low; car ownership is essential for accessing most amenities.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Growth: Continued demand for large homes and acreage properties drives local development.
- Community Investments: Enhancements to parks, transport links, and local amenities are improving livability.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, professional services, education, and retail.
- Community Activities:
- Local events, farmers’ markets, and outdoor recreational programs foster a strong sense of community.
Source: ABS, Your Investment Property Magazine.
Key Statistics
| Metric | Value |
|---|---|
| Population | ~1,400 (2021 Census). |
| Median House Price (2024) | $1,821,300. |
| Median Rent (Houses) | $990/week. |
| Rental Yield (Houses) | 2.8%. |
| Notable Parks | Bunyaville Conservation Park, Samford Valley, Leslie Patrick Park. |
| Transport Access | Bunya Road, Ferny Grove Station, bus services. |
Conclusion: Why Choose Bunya?
Bunya offers an unparalleled acreage lifestyle, blending natural beauty, spacious living, and urban convenience. Its strong property market growth, family-oriented amenities, and proximity to Brisbane make it an ideal choice for those seeking a premium lifestyle or a high-growth investment opportunity.
Ready to explore Bunya? Contact me today to secure your slice of this tranquil haven.