Bulimba 4171 property market

Bulimba Qld Property Market

Bulimba is a quaint suburb in the heart of Brisbane. Bulimba has seen many transformations over the years and was even known as the local farming district in the 1800s. Today, this location is seen as the ultimate spot to sprout your roots when it comes to settling into a relaxed suburban living lifestyle.

Bulimba is bordered on two sides by the Brisbane River and provides locals with easy access to the city. This means you can have the best of both worlds, relaxing in town on weekends and frequenting the city for a night out.

The suburb’s lush greenery, charming village, riverside parklands and prime real estate, makes it the perfect location to settle down in. So if you are thinking about starting a family and buying a family home in Bulimba or if peaceful living is right up your ally, then you certainly can’t go wrong with Bulimba.

Lifestyle

Most of the weekend activity centres on Bulimba Memorial Park. This heritage site offers lots of picnic spots for families and is also home to the local football club.

This town’s palpable, vibrant community atmosphere is present all throughout town. Young families can visit any of the multiple eclectic cafes that are scattered throughout the town and dog walkers are often seen taking in the sights of all that Bulimba has to offer.

The centrally-located village on Oxford Street beckons tourists and locals alike. Home to health food markets, lots of boutique stores, local pubs, restaurants and bars, this is the place to be if you are looking for some entertainment.

Bulimba has a peaceful ambience and is just a stone’s throw away from Teneriffe and New Farm. However, if you are looking for a more secluded spot to grab a drink, you can take the CityCat Ferry and Cross River Ferry to a luxury café, bar and brewery on the northside of town.

Bulimba also offers a public library on the corner of Oxford Street and Riding Road, which is run by the Brisbane City Council. However, if you like sports more, you can always swing by some of the numerous sporting facilities in the area.

Geolocation factors

Bulimba is just 4 km north-east of the CBD and borders Balmoral, East Brisbane, Hawthorne and Morningside. It is quite easy to get around even if you don’t own a car, seeing as the town is serviced by Brisbane Transport buses. If you want to travel long distances, the nearest airport, Brisbane International Airport, is just 9.4 km away.

If you are thinking about moving to Bulimba, but need a good school for the kids, then you might want to send them to Bulimba State School. This school is a heritage-listed state school and was built in the 1900s.

The other options are Balmoral State High School, Morningside State School, New Farm State School, and Sts Peter and Paul’s School.

Property Statistics

The following data (taken from Property Value) gives an overview of the median sale price for houses and units in Bulimba.

Houses

Median sale price: $1.3m

Median price change (1yr): -3.17%

Median rent: $730 per week

Median gross yield: 2.9%

Units

Median sale price: $655k

Median price change (1yr): 2.5%

Median rent: $500 per week

Median gross yield: 4%

Bulimba households mostly consist of couples with children and are likely paying more than $4000 per month on mortgage repayments. In 2011, approximately 57% of Bulimba homes were owner-occupied. In 2016, the home-owner occupancy percentage stayed relatively the same.

Demographics of the area

In 2016, the population of Bulimba was 6,842, compared to 5,940 people in 2011. The predominant age group in this town is 30-39 years of age. In general, people in this town work in a professional occupation. Approximately 35% of this town’s occupants live in rental accommodation.

Buyers Advocate Bulimba

Bulimba offers the perfect destination to start or raise a family. This town provides ample distractions for the little ones and lots of activities for grownups. If you are ready to dive into Bulimba real estate , Savvy Fox can help you out.

Finding a Bulimba Buying Agent with lots of experience doesn’t have to be hard. At Savvy Fox, we pride ourselves in helping our customers in finding the perfect home for a reasonable price!

So, if you need an experienced Buyers Advocate Bulimba, give Savvy Fox a call.

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