A deep rental base (54% rented) and strong 5-yr rent CAGR (11.7%) sit beside the corridor's biggest employment precinct — jobs on the doorstep support tenant demand, and there is no competing new house supply.
A thin, volatile residential market (only 19 sales in 12 months, −14.1% headline growth) wrapped around an industrial estate; the weak 5-yr price CAGR (7.9%) and elevated property crime (break-ins +30%) both work against an SMSF.
Property crime runs 86th-percentile and South Pine flood flats touch the precinct — two upward pressures on landlord insurance, a direct fund-liquidity cost you can't renovate away.
Not a residential-investment suburb in the ordinary sense — an industrial precinct with a thin housing fringe. Only worth a look on a specific flood-clear, newer residential lot; otherwise the corridor's established suburbs do the job better.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ✗ Bad | 7.9% compound over 5 yrs, -14.1% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ✗ Bad | 3.4% gross (stated) — heavy negative cash flow inside the fund — the growth has to justify it. PropTrack via suburb page |
| Flood risk | ◐ Mixed | South Pine River flats run through the precinct; Brendale was named among areas flooded in Feb 2022, though no per-street detail is published — treat as street-dependent and confirm on council Flood Check. MBRC flood mapping; Feb-2022 event (Moreton Daily 'Big wet') |
| Crime | ◐ Mixed | Property crime elevated — break-ins 1,262/100k (+30%, 86th pct), MV theft 1,466 (+26%) — but it's a large-format/industrial-estate artefact (business break-ins); violent crime ~average. Still loads landlord insurance on any residential fringe. OpenStats 2022–24 (QPS/ABS) |
| Infrastructure | ✓ Good | The corridor's major industrial/large-format-retail employment precinct (jobs = tenant demand), ~5 min to Strathpine station and Strathpine Centre. supply/transport factpacks; Translink |
| Owner-occupier appeal | ✗ Bad | 45% owned / 54% rented, 60% family households — investor-dominated: deep tenant competition, investor-only resale, and more stock listed in downturns. ABS via suburb page |
| New supply risk | ✓ Good | Predominantly industrial/employment-zoned — residential supply is structurally minimal, so there is no competing new house stock. MBRC zoning; supply factpack |
| Distance to rail | ◐ Mixed | No station in-suburb; Strathpine and Bray Park stations are ~5 min drive. Translink network |
| Housing stock & upkeep | ◐ Mixed | Thin, mixed-era residential fringe wrapped around an industrial estate — upkeep varies house by house. editorial — stock-age judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $503,000 | 11 |
| 2021-08-31 | $495,000 | 11 |
| 2021-09-30 | $360,000 | 13 |
| 2021-10-31 | $360,000 | 15 |
| 2021-11-30 | $355,000 | 14 |
| 2021-12-31 | $365,000 | 18 |
| 2022-01-31 | $365,000 | 16 |
| 2022-02-28 | $365,000 | 16 |
| 2022-03-31 | $365,000 | 16 |
| 2022-04-30 | $657,000 | 17 |
| 2022-05-31 | $658,500 | 18 |
| 2022-06-30 | $660,000 | 17 |
| 2022-07-31 | $660,000 | 17 |
| 2022-08-31 | $670,000 | 18 |
| 2022-09-30 | $687,500 | 16 |
| 2022-10-31 | $695,050 | 14 |
| 2022-11-30 | $695,000 | 13 |
| 2022-12-31 | $725,000 | 9 |
| 2023-01-31 | $712,500 | 10 |
| 2023-02-28 | $712,500 | 10 |
| 2023-03-31 | $700,000 | 11 |
| 2023-04-30 | $600,000 | 9 |
| 2023-05-31 | $600,000 | 7 |
| 2023-06-30 | $600,000 | 7 |
| 2023-07-31 | $600,000 | 7 |
| 2023-08-31 | $420,000 | 5 |
| 2023-09-30 | $420,000 | 5 |
| 2023-10-31 | $510,000 | 6 |
| 2023-11-30 | $420,000 | 5 |
| 2023-12-31 | $420,000 | 5 |
| 2024-01-31 | $401,250 | 4 |
| 2024-02-29 | $401,250 | 4 |
| 2024-03-31 | $610,000 | 4 |
| 2024-04-30 | $775,000 | 4 |
| 2024-05-31 | $800,000 | 5 |
| 2024-06-30 | $820,000 | 5 |
| 2024-07-31 | $810,000 | 6 |
| 2024-08-31 | $810,000 | 8 |
| 2024-09-30 | $830,000 | 10 |
| 2024-10-31 | $830,000 | 12 |
| 2024-11-30 | $830,000 | 12 |
| 2024-12-31 | $830,000 | 12 |
| 2025-01-31 | $830,000 | 14 |
| 2025-02-28 | $830,000 | 18 |
| 2025-03-31 | $845,000 | 19 |
| 2025-04-30 | $842,500 | 20 |
| 2025-05-31 | $845,000 | 20 |
| 2025-06-30 | $850,000 | 19 |
| 2025-07-31 | $865,000 | 19 |
| 2025-08-31 | $865,000 | 17 |
| 2025-09-30 | $850,000 | 15 |
| 2025-10-31 | $850,000 | 15 |
| 2025-11-30 | $769,000 | 17 |
| 2025-12-31 | $719,250 | 20 |
| 2026-01-31 | $722,000 | 19 |
| 2026-02-28 | $719,250 | 16 |
| 2026-03-31 | $716,500 | 15 |
| 2026-04-30 | $730,000 | 15 |
| 2026-05-31 | $730,000 | 15 |
| 2026-06-30 | $730,000 | 19 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $335/wk | 17 |
| 2021-08-31 | $333/wk | 20 |
| 2021-09-30 | $330/wk | 20 |
| 2021-10-31 | $330/wk | 24 |
| 2021-11-30 | $335/wk | 25 |
| 2021-12-31 | $333/wk | 26 |
| 2022-01-31 | $340/wk | 27 |
| 2022-02-28 | $340/wk | 25 |
| 2022-03-31 | $340/wk | 27 |
| 2022-04-30 | $340/wk | 26 |
| 2022-05-31 | $340/wk | 25 |
| 2022-06-30 | $343/wk | 26 |
| 2022-07-31 | $345/wk | 27 |
| 2022-08-31 | $348/wk | 26 |
| 2022-09-30 | $375/wk | 23 |
| 2022-10-31 | $385/wk | 21 |
| 2022-11-30 | $395/wk | 20 |
| 2022-12-31 | $388/wk | 20 |
| 2023-01-31 | $400/wk | 21 |
| 2023-02-28 | $400/wk | 19 |
| 2023-03-31 | $415/wk | 16 |
| 2023-04-30 | $415/wk | 16 |
| 2023-05-31 | $420/wk | 17 |
| 2023-06-30 | $445/wk | 16 |
| 2023-07-31 | $450/wk | 17 |
| 2023-08-31 | $460/wk | 18 |
| 2023-09-30 | $450/wk | 19 |
| 2023-10-31 | $450/wk | 17 |
| 2023-11-30 | $450/wk | 17 |
| 2023-12-31 | $470/wk | 15 |
| 2024-01-31 | $450/wk | 15 |
| 2024-02-29 | $435/wk | 16 |
| 2024-03-31 | $440/wk | 16 |
| 2024-04-30 | $440/wk | 16 |
| 2024-05-31 | $450/wk | 17 |
| 2024-06-30 | $440/wk | 18 |
| 2024-07-31 | $440/wk | 16 |
| 2024-08-31 | $450/wk | 17 |
| 2024-09-30 | $450/wk | 17 |
| 2024-10-31 | $450/wk | 18 |
| 2024-11-30 | $450/wk | 17 |
| 2024-12-31 | $450/wk | 17 |
| 2025-01-31 | $450/wk | 20 |
| 2025-02-28 | $455/wk | 17 |
| 2025-03-31 | $453/wk | 16 |
| 2025-04-30 | $455/wk | 17 |
| 2025-05-31 | $453/wk | 16 |
| 2025-06-30 | $455/wk | 15 |
| 2025-07-31 | $480/wk | 16 |
| 2025-08-31 | $520/wk | 17 |
| 2025-09-30 | $520/wk | 17 |
| 2025-10-31 | $480/wk | 15 |
| 2025-11-30 | $500/wk | 16 |
| 2025-12-31 | $520/wk | 19 |
| 2026-01-31 | $520/wk | 19 |
| 2026-02-28 | $535/wk | 18 |
| 2026-03-31 | $555/wk | 16 |
| 2026-04-30 | $555/wk | 16 |
| 2026-05-31 | $560/wk | 17 |
| 2026-06-30 | $578/wk | 16 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | $717k | $958k | $1.27m | — |
| Median rent | $500/wk | $623/wk | $715/wk | — |
| Implied yield | 3.6% | 3.4% | 2.9% | — |
| Address | Sold price |
|---|---|
| 17 Girrah Street, Brendale | $1,170,000 |
| 502/2 Nicol Way, Brendale | $830,000 |
| 31/93 Stanley Street, Brendale | $810,000 |
| 115/71 Stanley Street, Brendale | $805,000 |
| 45/350 Leitchs Road, Brendale | $800,000 |
| 39/350 Leitchs Road, Brendale | $787,500 |
| 10/325 Stanley Street, Brendale | $785,000 |
| 142/71 Stanley Street, Brendale | $777,000 |
| 171/71 Stanley Street, Brendale | $771,000 |
| 22 Kenzie Court, Brendale | $730,000 |
| 14 Kenzie Court, Brendale | $695,000 |