Bellbird Park is a small but growing suburb in the South East Queensland property market. A mix of savvy local and interstate investors, as well as owner-occupiers, are currently buying into Bellbird Park due to its strategic location. It is also popular with renters.
Location
Bellbird Park borders the Greater Springfield suburbs of Augustine Heights and Brookwater that are part of the rapidly growing Western Growth Corridor between Brisbane and Ipswich. 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. Bellbird Park is well poised to capitalise on these projects.
At about 30 kilometres from the Brisbane CBD, Bellbird Park is far enough to be away from the hustle and bustle, but close enough to be convenient. It is named after bellbirds that were historically known to populate the area.
Bellbird Park infrastructure and amenities
Bellbird Park has a diverse range of infrastructure and amenities, including:
- Easy access to the Riverside Expressway (M3), Centenary Motorway (M5) or Ipswich Motorway (M7) for a commute to the Brisbane CBD.
- A diverse range of family-friendly parks.
- The Bellbird Park State School and the Kruger State School which are both co-educational primary schools (prep to Year 6), as well as the Bellbird Park State Secondary College (Years 7 to 12).
- Public transport facilities via a dedicated Translink bus route.
- Shopping facilities at the neighbouring Brookwater Village Shopping Centre.
Bellbird Park demographics
The population of Bellbird Park was just over 9,000 at the last official count in the 2021 Census. The median age of your typical Bellbird Park resident is 31, and the suburb has a diverse mix of singles, partners and families. The vast majority of Bellbird Park properties are houses on decent-sized blocks of land.
Many first home buyers see Bellbird Park as a stepping-stone area. It is 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.
Like most suburbs in the booming South East Queensland property market in recent years, Bellbird Park properties have experienced strong price growth. Many owner-occupiers who have lived in Bellbird Park for many years now have the opportunity to cash in on their enhanced home equity by upgrading their home or investing in an additional property.
Bellbird Park property trends
Significantly, Bellbird Park is still a very affordable property market, unlike many South East Queensland suburbs. 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 a Bellbird Park home is currently $717,000 for houses, compared to the mid-2024 Brisbane median house price of $937,479. This puts typical Bellbird Park homes well under the $800,000 threshold for first home buyer stamp duty exemptions, saving first home buyers up to $24,525.
The average rental yield for Bellbird Park investment properties is currently 5.6%.
However, many of our savvy Purple Cow landlord clients in Bellbird Park are achieving both above-average rental yields and above-average capital growth.
How Purple Cow helps Bellbird Park real estate clients
If you are looking to sell or buy a Bellbird Park home, or you would like your Bellbird Park investment property professionally managed, then our experienced team at Purple Cow can help you.
Contact us today to find out more.
