A comfortable lifestyle is the first and foremost impression that comes to mind when Bracken Ridge is mentioned. Narrowing it as a family-friendly suburb doesn’t give justice to the lifestyle it provides for families, retirees, and young professionals.
The community-oriented area is perfect for those looking for a place where they can connect with others. If you're set on achieving a change of scenery and a chance to build friendships this year, this Bracken Ridge Suburb Profile will help you understand more about living in Bracken Ridge.
Understanding Bracken Ridge’s Irresistible Appeal for Homebuyers
Located 18 kilometres north of Brisbane CBD, Bracken Ridge was named after a property surrounded by many bracken ferns. This suburb is bordered by Deagon, Bald Hills, Fitzgibbon, and Sandgate.
Several factors make Bracken Ridge an ideal home for many aspiring property owners.
Highly-varied property types
Couples who are just starting, a growing family, and young professionals who are about to begin their careers have numerous property options. Families may love to settle down in large brick houses with swimming pools while newly-married couples may be drawn towards brick and tile homes and younger generations may find one-bedroom apartments as enough for their needs.
Promising Real Estate Standing
In API Magazine’s ranking for 2024’s top 10 suburbs based on last year’s performance, Bracken Ridge ranks third. Based on CoreLogic’s report, from 2022 until March 2023, Bracken Ridge's annual sales were 60 properties with an annual median sale of $464,520.
It is a suburb with notable real estate activity and competitive pricing, factors that likely contribute to its favourable ranking among homebuyers and investors.
Convenient Transportation
Bracken Ridge provides convenient transportation options for its residents. Situated near the Bruce Highway North, the suburb provides easy access to the Sunshine Coast. While Bracken Ridge itself doesn't host a train station, the neighbouring Bald Hills Train Station stands just outside its boundaries. For those relying on public transport within the suburb, multiple bus services offer seamless connections to key destinations such as the Brisbane CBD. These buses also pass by Norris Road, Telegraph Road, and Barbour Road.
Balanced Cosmopolitan and Coast-side Vibes
The shopping and cafe centres of Barett Street and Gawain Road ensure that residents don’t run out of stores and coffee shops to buy from. For more diversity in shopping options, people can also visit Bracken Ridge Plaza which has more than 20 specialty stores.
But, if shopping is not in the itinerary, they can opt to hang out at the Reserve Park, McPherson Park, or Boondall Wetlands. Enjoy water-based activities at the nearby Sandgate Beach where locals can swim, fish, or kayak.
Attributes to Highlight when Selling Bracken Ridge Properties
The above-mentioned charms of Bracken Ridge can provide you with the angles you can highlight when selling your homes. These are some features that can help attract potential buyers.
Sports enthusiasts can retain or enhance their active lifestyle
If your house is near the various activity zones, it would be good to specify what sports activities that owners or renters can engage in. Bracken Ridge offers a range of recreational facilities, including an Indoor Sports Centre and the Ridgettes Netball Club. For outdoor enthusiasts, Bracken Ridge features a purpose-built BMX track located at the intersection of Telegraph and Lemke Roads. This track is immensely popular among children.
Hilltop location with great bay views
Don’t miss out on the opportunity to capitalise on the exceptional views if your property is located on top of the hill. Not only will potential buyers get abundant fresh air, but they also have a ready source of natural light. With extra outdoor space, buyers will be able to have their outdoor coffee area or a spot for morning exercise.
Take advantage of the steady price growth
Realestate AU’s recorded median price from March 2023 - February 2024 for buying houses is $790,600 while an apartment’s median price is $497,000. These median prices show a 2.7% and 8.0% 12-month growth, respectively.
Following the same 12 months, the median rent for a house is $600 per week, indicating a 9.1% increase, while apartments cost $550 weekly, showing a 14.6% increase for the past 12 months.
You can leverage these figures to highlight the increasing value of their properties over the past year therefore making it possible to sell homes for higher prices for the right reasons.
But, if you aim to create passive income instead of selling, rental rates over the past 12 months suggest a thriving rental market, providing you with the opportunity to generate consistent income from your investment properties.
Conclusion
Bracken Ridge Suburb's profile epitomises a comfortable and inclusive lifestyle, appealing to a diverse range of residents, including families, retirees, and young professionals. Its community-oriented atmosphere fosters connections and friendships.
With its promising real estate standing, highlighted by its ranking as the third top suburb in API Magazine's 2024 ranking, and steady price growth recorded by CoreLogic, the suburb presents a compelling investment opportunity for homebuyers and investors alike.
For property sellers living in Bracken Ridge, there are numerous attributes to highlight, including proximity to recreational facilities, hilltop locations with stunning bay views, and the steady price growth observed in both house and apartment markets. These factors not only make selling homes at higher prices possible but also offer the option of generating consistent income through rental properties in a thriving rental market.
Bracken Ridge stands as a vibrant and sought-after suburb, embodying the essence of modern living while retaining its community spirit and natural beauty.
Are you looking to sell your Bracken Ridge property? Contact us today to discover how we can help maximise your sale!
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