Property management in Bracken Ridge
Your suburb profile by Running Property
Situated 18 kilometres north of the Brisbane CBD, Bracken Ridge (4017) has a population of nearly 17,000 people, the majority of whom are professional couples and families.
Developed across the late 1960’s and early 1970’s, Bracken Ridge took its name from the original local property, which was set amongst a plethora of bracken ferns (Pteridium aquilinum).
As its topographical moniker insinuates, Bracken Ridge’s terrain is indeed generally quite hilly. Indeed, the suburb’s highest precinct (which features a park and reservoir) offers views out to Moreton Bay in the east and the Brisbane CBD in the south.
Unsurprisingly, the suburb’s most sought-after and expensive property is mostly situated along the elevated ridge. To the east and north of Bracken Ridge lies the Gateway Motorway, opened in 1986, which offers direct access to the Sunshine Coast and Gold Coast.
Data from realestate.com.au shows that the median Bracken Ridge house price was $456K in 2016, with the median unit price being $353K. For investment property owners, Bracken Ridge offers a median rent for houses of $430 per week, and the median rent for units $370 per week. There is average rental demand for houses and units in Bracken Ridge.
For expert advice on attracting the best quality tenants for your Bracken Ridge investment property, talk to the expert Running Property team. We have the local knowledge that can make all the difference to your rental return.
If you’d like a rental appraisal for your Bracken Ridge investment property, fill out the contact form here or call Running Property on 07 3392 1544 today.