Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Brendale, located in the Moreton Bay region, is a well-established industrial and residential suburb. Its strategic location, proximity to Brisbane, and growing residential developments make it an attractive choice for investors and businesses.
Demographics
- Population: Approximately 2,800 (2021 Census, ABS).
- Median Age: 34 years, reflecting a young, working-class population.
- Dwelling Type: A mix of standalone houses, units, and industrial developments.
- Ownership: Moderate ownership rates, with a growing rental market.
Property Market (2024)
Houses
- Median Sale Price: $820,000 (+9.3% annual growth).
- Median Weekly Rent: $525.
- Rental Yield: 3.4%.
- Sales Volume: 8 recorded house sales in the past 12 months.
Units
- Median Sale Price: $520,000 (+22.1% annual growth).
- Median Weekly Rent: $390.
- Rental Yield: 3.9%.
Long-Term Trends (2006–2024)
Brendale has demonstrated consistent growth, with the median house price rising from $310,000 in 2006 to $820,000 in 2024. This represents an average annual growth rate of approximately 6.7%.
Recent Notable Sales
- 1 Brendale Street: Sold for $760,000 (Oct 2024).
- 4 Currajong Street: Sold for $882,000 (Sep 2024).
- 16 Gowrie Street: Sold for $880,000 (Aug 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Brendale offers access to educational facilities in nearby suburbs:
- Primary Schools:
- Strathpine West State School (nearby).
- Secondary Schools:
- Bray Park State High School.
- Private Schools:
- St. Paul’s School (nearby in Bald Hills).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Strathpine Centre: Provides major retail stores, specialty shops, and dining options.
- Local Amenities: Smaller shopping hubs cater to everyday essentials.
Parks and Recreation
- South Pine Sports Complex: A regional hub for sports and community events.
- Leis Park: Offers picnic areas and access to South Pine River.
- Wantima Golf Course: A popular recreational spot for golf enthusiasts.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Brendale is connected via South Pine Road and Gympie Road, providing easy access to Brisbane CBD and surrounding areas.
- Public Transport:
- Bray Park and Strathpine train stations are nearby, offering regular services to Brisbane.
- Walkability:
- Moderate; amenities and parks are within a short drive or public transport access.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Growth in townhouse developments to meet rental demand.
- Industrial Investments: Continued expansion of warehouse and office spaces in the industrial precinct.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by manufacturing, retail, transport, and construction industries.
- Community Activities:
- Sports events and local markets foster community engagement.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~2,800 (2021 Census). |
| Median House Price (2024) | $820,000. |
| Median Rent (Houses) | $525/week. |
| Rental Yield (Houses) | 3.4%. |
| Median Unit Price (2024) | $520,000. |
| Median Rent (Units) | $390/week. |
| Rental Yield (Units) | 3.9%. |
| Notable Parks | South Pine Sports Complex, Leis Park, Wantima Golf Course. |
| Transport Access | South Pine Road, Bray Park Station, Strathpine Station. |
Conclusion
Brendale’s strategic location, industrial growth, and increasing residential developments make it a promising suburb for investors and businesses. Its proximity to Brisbane, solid property market performance, and strong employment opportunities ensure its long-term appeal.