Augustine Heights is an established suburb in the Greater Springfield region, the largest master-planned residential development in the Southern Hemisphere. A mix of owner-occupiers as well as savvy investors both locally and interstate are currently buying into Augustine Heights.
Location
Augustine Heights is strategically located between Brisbane and Ipswich in South East Queensland’s booming Western Growth Corridor. This region has been formally identified for fast-tracking by the Queensland government to accommodate Brisbane’s rapidly expanding and sprawling population. The Western Growth Corridor’s population is forecast to double by 2030, and there are billions of dollars’ worth of infrastructure projects either under way or planned during that time.
At just over 30 kilometres from the Brisbane CBD, Augustine Heights is far enough to be away from the hustle and bustle, but close enough to be convenient. Neighbouring suburbs to Augustine Heights include Brookwater, Springfield Lakes, Springfield Central, Spring Mountain and Redbank Plains.
Augustine Heights infrastructure and amenities
Augustine Heights has a diverse range of modern infrastructure and amenities, including:
- Easy access to the Centenary Highway (M5) for a 30-minute drive to the Brisbane CBD.
- The Augusta Village neighbourhood shopping centre.
- The Augusta State School and Woogaroo Creek State School, both co-educational primary schools (prep to Year 6).
- St Augustine’s College, a Catholic co-educational school from prep to Year 12.
- Plenty of open and family-friendly parkland space, including Jane Gorry Park and Peter Casey Park.
- Public transport facilities via a dedicated Translink bus route.
The neighbouring suburb of Springfield Central also has the major Orion Shopping Centre with over 80 retailers, major sporting complex, train station, public and private high school options, university campus and private hospital, with public hospital facilities due to be completed by the end of 2024.
Augustine Heights demographics
Augustine Heights’ current population was just over 6,000 at the last official count in the 2021 Census. It’s popular with a younger demographic, including singles, partners and families. It’s also a multicultural area with lots of tradies. The median age of your typical Augustine Heights’ resident is 32.
Many first home buyers see Augustine Heights as a stepping-stone area, and it’s also popular with rentvestors (first home buyers who invest in an affordable area and live elsewhere), as well as both local and interstate investors looking for strong rental yields. The vast majority of homes in Augustine Heights are 3 and 4-bedroom houses. Both single and double-storey options are available.
Augustine Heights property trends
Significantly, Augustine Heights is still a very affordable property market, unlike many South East Queensland property markets. That makes it attractive and accessible for first home buyers, other owner-occupiers looking to move or downsize, and both local and interstate investors (including rentvestors).
The median price for an Augustine Heights home is currently about $795,000 for houses, compared to the mid-2024 Brisbane median house price of $937,479.
The average rental yield for all Augustine Heights rental properties is currently 4.2%, but many of our savvy Purple Cow landlord clients in Augustine Heights are achieving both above-average rental yields and above-average capital growth.
Stamp duty concessions for eligible Augustine Heights first home buyers
The lower median house price in Augustine Heights is especially significant for eligible first home buyers in terms of stamp duty concessions for properties purchased under $800,000, potentially saving up to $24,525 in purchase costs.
Even if you buy an Augustine Heights property valued above $800,000, you may still be eligible for home concessions that will save you up to $7,175 in stamp duty.
How Purple Cow helps Augustine Heights real estate clients
If you are looking to buy or sell an Augustine Heights home, or you would like your Augustine Heights investment property professionally managed, then our experienced team at Purple Cow can help you to achieve an above-average ROI.
Contact us today to find out more.
