Date Prepared: 24th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Dakabin, located in the Moreton Bay region, is a suburb undergoing significant growth and transformation. With its strong community feel, modern amenities, and proximity to Brisbane, Dakabin is a sought-after location for families and investors.
Demographics
- Population: Approximately 5,000 (2021 Census, ABS).
- Median Age: 33 years, reflecting a youthful and family-oriented community.
- Dwelling Type: Primarily standalone houses with some modern townhouses.
- Ownership: High ownership rates, indicative of long-term residential stability.
Property Market (2024)
Houses
- Median Sale Price: $778,000 (+16.2% annual growth).
- Median Weekly Rent: $600.
- Rental Yield: 4.0%.
- Sales Volume: 62 recorded house sales in the past 12 months.
Units
- Median Sale Price: $505,000 (+18.8% annual growth).
- Median Weekly Rent: $520.
- Rental Yield: 5.4%.
Long-Term Trends (2006–2024)
Dakabin’s housing market has shown robust growth, with the median house price increasing from $345,000 in 2006 to $778,000 in 2024. This represents an average annual growth rate of approximately 6.5%.
Recent Notable Sales
- 29 Oxford Street: Sold for $1,100,000 (Nov 2024).
- 42 Lorikeet Parade: Sold for $1,150,000 (Nov 2024).
- 12 Honeyeater Crescent: Sold for $890,000 (Oct 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Dakabin offers access to several quality educational institutions:
- Primary Schools:
- Dakabin State School.
- Secondary Schools:
- Dakabin State High School.
- Private Schools:
- Northpine Christian College.
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Dakabin Shopping Hub: Features local retail and dining options.
- Nearby Options: Westfield North Lakes offers extensive shopping and entertainment facilities.
Parks and Recreation
- Lake Kurwongbah: A serene spot for picnics, fishing, and kayaking.
- Dakabin Conservation Park: Offers walking trails and opportunities to explore native wildlife.
- Pine Rivers Park: A short drive away, featuring family-friendly amenities and event spaces.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Dakabin is connected via the Bruce Highway, providing direct access to Brisbane CBD and Sunshine Coast.
- Public Transport:
- Dakabin train station offers regular services to Brisbane and surrounding areas.
- Walkability:
- Moderate; most amenities are accessible by car or public transport.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Growth: Continued development of modern housing estates and apartments to cater to a growing population.
- Community Investments: Upgrades to local parks, schools, and public transport infrastructure.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, retail, education, and professional services.
- Community Activities:
- Local markets, sports events, and cultural festivals strengthen community ties.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~5,000 (2021 Census). |
| Median House Price (2024) | $778,000. |
| Median Rent (Houses) | $600/week. |
| Rental Yield (Houses) | 4.0%. |
| Median Unit Price (2024) | $505,000. |
| Median Rent (Units) | $520/week. |
| Rental Yield (Units) | 5.4%. |
| Notable Parks | Lake Kurwongbah, Dakabin Conservation Park, Pine Rivers Park. |
| Transport Access | Bruce Highway, Dakabin Station, bus services. |
Conclusion
Dakabin offers an excellent mix of natural beauty, convenience, and property market growth. Its proximity to Brisbane, family-friendly environment, and strong community ties make it a standout suburb for residents and investors alike.