Date Prepared: 14th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
White Patch is a quiet coastal suburb located on Bribie Island, Queensland. Known for its serene environment, spacious properties, and proximity to natural attractions, White Patch appeals to families, retirees, and nature enthusiasts seeking a peaceful lifestyle.
Demographics
- Population: Approximately 800 (2021 Census, ABS).
- Median Age: 54 years, reflecting a mature and community-focused population.
- Dwelling Type: Primarily standalone houses on larger lots.
- Ownership: High ownership rates, emphasizing residential stability.
Property Market (2024)
Houses
- Median Sale Price: $1,330,000 (-9.2% annual change).
- Median Weekly Rent: $850.
- Rental Yield: 3.3%.
- Sales Volume: 3 recorded sales over the past 12 months.
Long-Term Trends (2006–2024)
The housing market in White Patch has seen significant growth over the last 18 years. The median house price increased from $617,000 in 2006 to $1,330,000 in 2024, averaging an annual growth rate of approximately 5.0%.
Recent Notable Sales
- 132 White Patch Esplanade: Sold for $1,000,000 (May 2024).
- 45-47B Horace Street: Leased for $450 per week (Oct 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
White Patch residents access educational facilities on Bribie Island:
- 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
- Local Amenities: Basic retail and essential services are accessible on Bribie Island.
- Nearby Options: Bribie Island Shopping Centre offers extensive retail and dining options.
Parks and Recreation
- Pumicestone Passage: A hub for boating, fishing, and kayaking.
- White Patch Foreshore Reserve: Offers tranquil waterfront views and picnic areas.
- Bribie Island National Park: Popular for hiking trails, camping, and pristine beaches.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Accessible via Bribie Island Road, connecting to Caboolture and the Bruce Highway.
- Public Transport:
- Limited public transport; private vehicles are commonly used.
- Walkability:
- Low; local amenities require a short drive due to the semi-rural nature of the suburb.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Developments: High-end homes and large-acreage properties continue to be developed to cater to demand.
- Community Enhancements: Investments in maintaining parks and waterfront areas to support local tourism and livability.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by tourism, healthcare, and small businesses.
- Community Activities:
- Fishing competitions, markets, and conservation events foster strong community ties.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
| Population | ~800 (2021 Census). |
| Median House Price (2024) | $1,330,000. |
| Median Rent (Houses) | $850/week. |
| Rental Yield (Houses) | 3.3%. |
| Notable Parks | Pumicestone Passage, White Patch Foreshore Reserve, Bribie Island National Park. |
| Transport Access | Bribie Island Road, private vehicles preferred. |
Conclusion
White Patch offers a unique blend of coastal living, natural beauty, and community charm. With its steady long-term property growth and serene environment, the suburb is ideal for retirees, families, and investors seeking long-term potential.