Thinking about buying in Eagle Farm? Now could not be a better time, with 1006 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,028,000 with prices in this suburb ranging from $1,108,000 to $7,273,000. Eagle Farm is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Eagle Farm due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Eagle Farm changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Eagle Farm 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.
OFFICE 5, 787 KINGSFORD SMITH DR, EAGLE FARM, QLD, 4009 | 3 | For Lease |
Hamilton State School
Hendra State School
Our Lady Help of Christians School
Cannon Hill Anglican College
Ascot State School
Aviation High
Murarrie State School
Bulimba State School
Balmoral State High School
Hemmant Flexible Learning Centre
(While the above schools are located with the suburb of Eagle Farm there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.4 | 21.7 | 29.3 | 55.6 | 88.6 | 4.5 | 24.5 |
Feb | 5.4 | 21.4 | 29.0 | 56.0 | 90.6 | 4.4 | 22.5 |
Mar | 5.4 | 20.4 | 28.1 | 57.8 | 92.5 | 3.9 | 18.8 |
Apr | 3.1 | 16.8 | 26.0 | 52.9 | 92.5 | 3.7 | 17.0 |
May | 2.5 | 13.1 | 23.5 | 48.5 | 91.0 | 3.6 | 14.2 |
Jun | 2.3 | 11.3 | 21.5 | 49.8 | 91 | 3.8 | 12.2 |
Jul | 1.1 | 9.8 | 21.2 | 44.3 | 90.5 | 3.7 | 13.5 |
Aug | 0.8 | 10.4 | 22.6 | 40.5 | 89.7 | 4.0 | 16.5 |
Sept | 0.8 | 13.0 | 24.4 | 42.7 | 89.4 | 4.4 | 20.4 |
Oct | 3.2 | 15.8 | 25.4 | 49.5 | 90 | 4.5 | 22.7 |
Nov | 2.3 | 18.9 | 27.4 | 51.2 | 87.8 | 5 | 26.7 |
Dec | 4.1 | 20.6 | 28.6 | 54.4 | 88.2 | 4.8 | 25.9 |
source: Australian Government Bureau of Meteorology
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