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