All About Hemmant, Brisbane, QLD, 4174

Hemmant, a suburb located in the eastern part of Brisbane, Queensland, is often characterized by its suburban tranquility and proximity to the natural beauty of the Brisbane River. The housing market in Hemmant has experienced moderate yet steady growth, reflecting its appeal to those seeking a more relaxed, semi-rural lifestyle while still being conveniently close to the urban amenities of Brisbane. The area predominantly features a mix of older, traditional Queenslander homes and newer, modern developments, offering a range of options for both first-time buyers and investors. With its relatively affordable housing prices compared to some of the more central Brisbane suburbs, Hemmant attracts families and professionals who desire more space and a community-oriented environment while maintaining accessibility to the city, which is approximately a 30-minute drive away.

Living in Hemmant provides residents with a blend of suburban and natural settings, where the sense of space and greenery is ever-present. Hemmant has a reputation for its peaceful and community-focused atmosphere, making it an ideal location for families and retirees. The suburb offers several parks and recreational areas, contributing to an active outdoor lifestyle, and its proximity to the Brisbane River and Moreton Bay provides opportunities for water-related activities. The community is well-serviced by local amenities, including schools, shops, and public transport options like train services to Brisbane CBD, enhancing its appeal to commuters. Overall, Hemmant offers a balanced lifestyle that marries the tranquility of suburban living with the convenience of urban accessibility.

Hemmant Real Estate Market Outlook

Thinking about buying in Hemmant? Now could not be a better time, with 2238 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $805,000 with prices in this suburb ranging from $280,000 to $6,196,000. Hemmant is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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 Hemmant due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Hemmant provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Hemmant requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

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