QLD Northern suburbs of Brisbane feedback

Hi all,

I have been looking at investing in Brisbane with a max affordability of $450k. I came across some suburbs in the North side and would love to get some feedback on them. I am after short to medium growth with a yield of close to 5% yield, as close to the CBD as possible. (My budget would allow 13-25kms)
The below suburbs fit most of this criteria but I was wondering if there is anything I should be aware of or look out for? Is there any suburb below that you wouldn't touch and why?

- Zilmere
- Taigum
- Boondall
- Braken Ridge
- Bray Park
- Strathpine
- Kallangur


Thanks all!

 

Property criteria? House or townhouse?

 

They are all decent suburbs and changing all the time. There are good and not so good parts in all of these suburbs. For example, in Zillmere, there are both housing commission and upmarket areas. My preference are the top 4 in your list in the following order: Zillmere, Bracken Ridge, Taigum, Boondall.

 

Looks like the standard/majority of preferred housing is a House with 3/4 bedrooms so I'm going with this.

Needs to be close to amenities and out of the flood zone maps.

 

What makes it your top 4 picks from that list if I may ask?

Thanks

 

Ok fair enough. For your budget and if you looking at houses predominantly then I would recommend Keperra. Best on the North side in that bracket. Also closest to the CBD with a train line. Also I would consider looking at Townhouses. They allow you to get into better suburbs at a lower price point and they tend to yield a little better as well.

 

If you could push the budget a little bit.
Keperra 3 br median @ 475.



Bracken Ridge 3br median @ 449K
We got our BR one late last year at low 400K,

 

What are people's thought on Bray Park and Warner?

 

I spent some time in Keperra last weekend as considering investing there. It is not too far out but some obstacles with access I found due to Samford road, train line, Kedron Brook Criss crossing the suburb. Lots of dead ends and not easy to get in or out of. What's it like on a weekday with traffic?
Also lots of asbestos interiors in the houses in this area, is this a turn off for buyers?

 

Mainly to do with location but also infrastructure and standard of housing are important factors.

 

I would buy in keperra over any of those. 10km from the CBD. Currently undervalued in my opinion. Next preference would be Zillmere.

 

Samford Road is quite busy in parts and can take a bit of time to get in and out but im from Sydney so it seems quite reasonable to me. A lot of the homes are interior lined with asbestos as they are post war built but this is common not only in Keperra but many suburbs of Brisbane. I don't think its a turn off for buyers necessarily, just something to bear in mind.

 

Lots of homes (including mine) have asbestos, it is quite common. Tenants are not going to be doing renovations in there so most of them don't have a problem with it....

 

We just bought in bray park
University on the way..
That's all I'll say

 

I would go zillmere out of all of those

 

Agreed with the top 4 however my order of preference would be:

1. Bracken Ridge
2. Boondall
3. Zillmere
4. Taigum
5. Strathpine, Bray Park, Kallangur

 

Zillmere overall has a lot more potential than Bracken Ridge. It has a train station, closer to Brisbane CBD and Chermside and lots of great shopping nearby. Bracken Ridge seems to have be more family oriented and has less units.

 

Big flood area for those suburbs?

 

Definitely agree on the fact that Zillmere has a lot more potential with an existing train line and proximity to Westfield Chermside / CBD. What I do like more though in Bracken Ridge, and I agree with you on this one too is that it is more family oriented (i.e., from a O/O perspective) which is a big tick re: slightly more mature-type (age/career/family status) O/O population, so where it is getting to.... a more house-proud suburb

I think we have effectively agreed on both the same facts lol yet slightly different perspectives which is great to read about