All About Seventeen Mile Rocks, Brisbane, QLD, 4073

Seventeen Mile Rocks, a suburb in Brisbane, Queensland, has witnessed a dynamic housing market characterized by a blend of stability and growth. Known for its family-friendly environment and accessibility to essential amenities, the area has become increasingly attractive to homebuyers and investors alike. Over recent years, Seventeen Mile Rocks has seen a steady increase in property values, reflecting broader trends in the Brisbane real estate market. This suburb offers a variety of housing options, from traditional homes to modern developments, catering to diverse preferences and budgets. The proximity to the Brisbane River and several parks, including the renowned Rocks Riverside Park, enhances the suburb's appeal, providing residents with ample recreational opportunities and a serene environment.

Living in Seventeen Mile Rocks offers residents a relaxed suburban lifestyle with the benefits of being close to Brisbane’s central business district. The community is known for its friendly atmosphere and is well-serviced by local amenities, including shopping centers, schools, and healthcare facilities, making it ideal for families and professionals. Public transport options, such as buses and nearby train services from Oxley and Darra, ensure convenient connectivity to the rest of Brisbane. The suburb's landscape, featuring natural greenery and well-maintained parks, provides a peaceful retreat from urban hustle. Additionally, Seventeen Mile Rocks encourages an active lifestyle, with numerous walking and cycling tracks along the river and in local parks. Overall, this suburb offers a balanced blend of community spirit, natural beauty, and accessibility, making it a desirable place to live.

Seventeen Mile Rocks Real Estate Market Outlook

Thinking about buying in Seventeen Mile Rocks? Now could not be a better time, with 1609 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,104,000 with prices in this suburb ranging from $390,000 to $3,204,000. The aproximate distance to the coast is 23 Km.

Consistent high demand relative to supply is a key feature in Seventeen Mile Rocks driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Seventeen Mile Rocks 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 Seventeen Mile Rocks 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. High density population in Seventeen Mile Rocks 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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