All About Burbank, Brisbane, QLD, 4156

Burbank, a suburb located within Brisbane, Queensland, is noted for its tranquil, semi-rural environment that offers residents a peaceful retreat from the hustle and bustle of city life. The housing market in Burbank is characterized by its relatively large properties, often featuring substantial land parcels and expansive homes. This suburb has maintained a steady demand due to its appeal for families and individuals seeking a spacious living arrangement with a touch of nature. Given its exclusivity and the premium on space, properties in Burbank can be at the higher end of the market, attracting buyers who value privacy and a serene lifestyle. Although prices can be significant, the investment is often seen as worthwhile due to the quality of life and the potential for property appreciation in this desirable area.

Living in Burbank offers a unique blend of country-style living with the amenities of suburban Brisbane not too far away. The community is close-knit, and the area boasts an abundance of green space, with parks, reserves, and natural landscapes providing plenty of opportunities for outdoor activities such as hiking and horse-riding. Despite its rural feel, Burbank is conveniently situated, with the central business district of Brisbane accessible within a reasonable driving distance, making it attractive for professionals who work in the city but prefer to return to a quieter home environment. The lifestyle in Burbank is suited for those who appreciate open spaces, privacy, and a connection to nature while still having access to essential services and the broader offerings of Brisbane.

Burbank Real Estate Market Outlook

Thinking about buying in Burbank? Now could not be a better time, with 655 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,203,000 with prices in this suburb ranging from $1,162,000 to $6,898,000. Burbank is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Burbank driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Burbank ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Burbank classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Burbank necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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