Bray Park Real Estate Market Analysis
With a reputation for being family-friendly, functional, and affluent, Bray Park is a highly desirable suburb among property buyers. Numerous factors contribute to its attractiveness such as close proximity to major employment hubs and infrastructure developments.
It offers excellent schools and a selection of local facilities, such as Les Hughes Sporting Complex. Here, visitors can enjoy baseball, netball, outdoor fitness stations, rugby league and rugby union as well as walking/cycling paths. In addition, public transport such as bus routes are conveniently available from major roads allowing easy access to this suburb.
Bray Park provides residents with many amenities at an accessible price point; its median house price sits at only $725,000, significantly below Brisbane’s average of $830,000.
Bray Park stands out as an attractive destination due to its larger-than-average home sizes compared with Queensland, spanning around 430m2, making it a prime spot for both first-homebuyers and investors looking to add to their portfolios.
Bray Park is experiencing an upsurge in interest from buyers keen to take advantage of its affordable prices and outstanding infrastructure. Furthermore, Bray Park stands to gain from new university opening in 2019, faster rail services into the city, as well as road upgrades that aim to improve access and decrease travel times.
Bray Park demonstrates its dedication to environmental sustainability through community initiatives. These initiatives, in combination with its proximity to urban amenities, make Bray Park an attractive location for those prioritising eco-conscious living.
Bray Park real estate buyers have found that market conditions are favorable; average days on market are relatively short and competitive, as is evidenced by gradual increases in listings which is expected to continue over time.
With such high demand for quality properties in Bray Park, it is vitally important that you work with an agent who understands the market and can negotiate in your best interest. At Gott Realty, our team of qualified agents can assist in your house search in Bray Park. Get in touch with us now to learn more or set an appointment – we look forward to hearing from you!