Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Bray Park, located in the Moreton Bay region, is a thriving family-friendly suburb offering a balance of urban convenience and suburban charm. Known for its excellent schools, recreational facilities, and community-oriented vibe, Bray Park is a popular choice for families and investors.
Demographics
- Population: Approximately 10,000 (2021 Census, ABS).
- Median Age: 36 years, reflecting a young and dynamic community.
- Dwelling Type: Predominantly standalone houses with a mix of modern townhouses.
- Ownership: High ownership rates, indicative of long-term residential stability.
Property Market (2024)
Houses
- Median Sale Price: $782,500 (+16.6% annual growth).
- Median Weekly Rent: $500.
- Rental Yield: 3.4%.
- Sales Volume: 163 recorded house sales in the past 12 months.
Units
- Median Sale Price: $664,000 (+6.8% annual growth).
- Median Weekly Rent: $430.
- Rental Yield: 3.4%.
Long-Term Trends (2006–2024)
Over the past 18 years, Bray Park’s housing market has demonstrated steady growth, with the median house price increasing from $270,000 in 2006 to $782,500 in 2024. This represents an average annual growth rate of approximately 7.0%.
Recent Notable Sales
- 12 Guards Street: Sold for $855,000 (Oct 2024).
- 27 Lockyer Drive: Sold for $866,000 (Oct 2024).
- 25 Pamela Drive: Sold for $1,040,000 (Sep 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Bray Park offers access to quality educational facilities:
- Primary Schools:
- Bray Park State School.
- Holy Spirit School (Catholic).
- Secondary Schools:
- Bray Park State High School.
- Nearby Private Schools:
- Genesis Christian College.
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Bray Park Shopping Hub: Offers essential retail and dining options.
- Nearby Options: Strathpine Shopping Centre provides larger retail facilities and entertainment options.
Parks and Recreation
- John Bray Park: Features playgrounds, picnic spots, and walking trails.
- South Pine River: A popular location for outdoor activities such as fishing and kayaking.
- Les Hughes Sporting Complex: A hub for local sports and recreational activities.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Bray Park is connected via Gympie Road and South Pine Road, offering access to Brisbane CBD and the Bruce Highway.
- Public Transport:
- Bray Park Station provides train services to Brisbane, along with regular bus services to surrounding suburbs.
- Walkability:
- Moderate; most amenities require a short drive or public transport access.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Ongoing development of modern housing estates and townhouses.
- Community Investments: Upgrades to local parks, schools, and transport infrastructure.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, retail, education, and construction industries.
- Community Activities:
- Local markets, cultural festivals, and sports events strengthen community ties.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~10,000 (2021 Census). |
| Median House Price (2024) | $782,500. |
| Median Rent (Houses) | $500/week. |
| Rental Yield (Houses) | 3.4%. |
| Median Unit Price (2024) | $664,000. |
| Median Rent (Units) | $430/week. |
| Rental Yield (Units) | 3.4%. |
| Notable Parks | John Bray Park, South Pine River, Les Hughes Sporting Complex. |
| Transport Access | Gympie Road, Bray Park Station, bus services. |
Conclusion
Bray Park offers a strong community environment, excellent amenities, and consistent property growth, making it an ideal suburb for families and investors. Its proximity to Brisbane and family-friendly facilities ensure long-term appeal and potential.