Could Pinkenba be the best suburb in Brisbane’s northern suburbs? Read on to find out!
Overview
Pinkenba, located approximately 10 km northeast of Brisbane CBD, is a unique suburb known for its blend of industrial and residential charm. With a history rooted in industry, Pinkenba offers a peaceful and affordable living environment while maintaining close proximity to the Brisbane Airport and Gateway Motorway. The suburb’s spacious blocks, green spaces, and increasing demand for residential properties make it an emerging hotspot for investors and families.
Suburb Snapshot
- Median House Price (2024): $720,000
- Annual Growth Rate (2024): -11.4%
Location Highlights:
- 10 km to Brisbane CBD (approx. 15-minute drive)
- 85 km to Sunshine Coast CBD (approx. 1-hour drive)
- 12 km to Westfield Chermside (approx. 20-minute drive)
Demographics
- Population: Approximately 1,500 (2021 ABS data)
- Median Age: 40 years
- Housing Types: Predominantly detached homes on large blocks
Property Market Overview
Pinkenba’s property market offers affordability and future growth potential:
House Market:
- Median House Price (2024): $720,000
- Rental Yield (Houses): 4.3%
- Median Rent (Houses): $590/week
- Vacancy Rate (Nov 2024): 1.0%
Unit Market:
- Median Unit Price (2024): Not available
- Rental Yield (Units): Not available
- Median Rent (Units): Not available
Long-Term Growth Insights: Pinkenba has seen consistent long-term growth, with the median house price rising from $355,000 in 2006 to $720,000 in 2024, reflecting an annual growth rate of 4.06%. While 2024 saw a slight dip of -11.4%, the suburb’s strategic location and increasing residential development signal strong future potential.
Notable Recent Sales:
- 88 McBride Road: $765,000 (Nov 2024)
- 63 Esker Street: $735,000 (Oct 2024)
- 56 Serpentine Road: $754,500 (Jul 2024)
Education Options
- Primary Schools: Hamilton State School
- Secondary School: Aviation High
- Private Schools: St Rita’s College, Clayfield College
- Child Care Centres: 2 centres, including Pinkenba Early Learning Centre
Lifestyle and Amenities
Pinkenba offers a quiet lifestyle with easy access to key amenities:
- Shopping: DFO Brisbane, Skygate Shopping Precinct
- Parks: Pinkenba Park, Myrtletown Reserve
- Recreational Facilities: Brisbane Airport Golf Club, walking trails along the Brisbane River
Health and Wellbeing
Residents have access to healthcare services in nearby suburbs:
- Local Healthcare Services: Eagle Farm Medical Centre (nearby)
- Closest Hospitals: Royal Brisbane and Women’s Hospital, The Prince Charles Hospital
- Pharmacies: Priceline Pharmacy Skygate
Community and Employment
Pinkenba’s close-knit community and strategic location provide unique opportunities:
- Employment Sectors: Logistics, aviation, and industrial services
- Community Activities: Local markets and events at Pinkenba Community Hall
Recent and Planned Developments
- Brisbane International Cruise Terminal Expansion:
- Purpose: Enhance tourism and trade facilities
- Impact: Increased employment opportunities and demand for local properties
- Gateway Motorway Upgrade:
- Purpose: Improve connectivity and reduce traffic congestion
- Impact: Enhanced accessibility to Brisbane CBD and surrounding areas
For more development projects in Brisbane North, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population | 1,500 |
| Median House Price (2024) | $720,000 |
| Median Rent (Houses) | $590/week |
| Rental Yield (Houses) | 4.3% |
| Median Unit Price (2024) | Not available |
| Median Rent (Units) | Not available |
| Rental Yield (Units) | Not available |
| Child Care Centres | 2 |
| Distance to CBD | 10 km |
| Notable Parks | Pinkenba Park, Myrtletown Reserve |
Brisbane Buyer’s Agent Introduction
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Conclusion: Why Choose Pinkenba?
Pinkenba’s affordable property prices, strategic location, and unique blend of industrial and residential charm make it an excellent choice for families and investors. Its proximity to the Brisbane Airport, Gateway Motorway, and green spaces ensures convenience and lifestyle appeal. Whether you’re looking for a peaceful home or a savvy investment, Pinkenba offers untapped potential and growth opportunities.
Ready to make Pinkenba your next destination? Contact us today to begin your journey!