All About Murarrie, Brisbane, QLD, 4172

Murarrie, a suburb located in the eastern part of Brisbane, Queensland, has experienced a dynamic housing market that reflects broader trends seen throughout the city. As of the past few years, Murarrie has seen a steady increase in property values, driven by its strategic location, just a short commute from Brisbane's Central Business District, and its burgeoning reputation as a family-friendly suburb with a strong community vibe. A mix of contemporary apartments and traditional Queenslander homes gives potential buyers a range of options to suit various tastes and budgets. The continued investment in local infrastructure, including the expansion of public transport options and improved road connections, has further bolstered the suburb's appeal to both investors and home buyers alike.

Living in Murarrie offers residents a balanced lifestyle with the convenience of urban amenities coupled with a serene suburban atmosphere. The suburb provides access to lush green spaces such as the Colmslie Recreation Reserve and Minnippi Parklands, which are popular spots for families and outdoor enthusiasts. Lifestyle offerings include a selection of schools, shopping precincts, and eateries that cater to a diverse community. The proximity to both the Brisbane River and Moreton Bay also adds to the appeal, allowing residents to enjoy a variety of water-based activities. Murarrie's sense of community is evident through its local events and friendly neighborhood gatherings, making it an attractive place for young families, professionals, and retirees seeking a quiet yet connected environment.

Murarrie Real Estate Market Outlook

Thinking about buying in Murarrie? Now could not be a better time, with 3398 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $979,000 with prices in this suburb ranging from $315,000 to $4,256,000. Murarrie is located fairly close to the coast at just 4Km 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 Murarrie driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Murarrie are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Murarrie provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Murarrie 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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