Brookwater is one of South East Queensland’s most sought after suburbs for owner-occupiers, property investors and tenants alike. Home to around 3,000 residents, it is an exclusive destination nestled in scenic bushland.
Location
Located just over 30 kilometres from the Brisbane CBD, Brookwater is convenient to all of the amenities and attractions of Australia’s third-largest and rapidly growing city, but well away from the hustle and bustle. It’s also less than an hour away from the surf, sand and tourist attractions of the Gold Coast.
Brookwater’s luxurious homes on large blocks of land are a great choice for families, professional couples or empty nesters looking for spacious and peaceful living. It’s also ideal for savvy investors looking for solid returns in South East Queensland’s booming Western Growth Corridor. Discerning Brookwater tenants will pay a premium for the right property.
This Western Growth Corridor between Brisbane and Ipswich has been formally identified for fast-tracking by the Queensland government to accommodate Brisbane’s rapidly sprawling population. The population in this region is forecast to double by 2030, and there are billions of dollars’ worth of infrastructure projects either under way or planned during that time. Brookwater residents and investors are ideally placed to capitalise on these developments.
Neighbouring suburbs to Brookwater include Bellbird Park, Augustine Heights, Springfield and Springfield Central.
Brookwater infrastructure and amenities
Brookwater has a range of infrastructure and amenities, including:
- Easy access to the Centenary Motorway (M5) or Ipswich Motorway (M7) for a commute to the Brisbane CBD.
- Brookwater Village Shopping Centre, which includes Woolworths and a range of specialty retail stores, restaurants and cafés, as well as medical and dental services.
- The Brookwater Golf and Country Club that boasts a world-class 18-hole course was designed by Australian golfing legend Greg Norman, as well as tennis courts.
- An early learning centre, as well as both private and state schools in neighbouring suburbs, including primary, secondary and K-12 options.
- Walking trails and nature reserves where you can see an abundance of wildlife, as well as picnic areas and family-friendly parks, including Opossum Creek Dog Park.
- Public transport via a dedicated Translink bus route, as well as train services via the neighbouring Springfield Central train station.
Brookwater demographics
The population of Brookwater was just under 3,000 at the last official count in the 2021 Census. The median age of your typical Brookwater resident is 38, and the suburb has a diverse mix of families, partners and singles. The vast majority of Brookwater properties are large, four-bedroom, prestige homes on above average-sized blocks of land.
Brookwater property trends
Like most suburbs in the booming South East Queensland property market in recent years, Brookwater properties have experienced strong price growth, with median property values nearly doubling over the past five years. Prices are expected to continue to rise for the foreseeable future, especially as Brisbane develops in readiness to host the 2032 Olympic Games.
In mid-2025, the median Brookwater house price was just over 1.43 million, reflecting its status as a prestigious South East Queensland suburb with high-end real estate. The average rental yield for Brookwater investment properties is currently 3.7%.
However, many of our savvy Purple Cow landlord clients in Brookwater are achieving both above-average rental yields and above-average capital growth.
How Purple Cow helps Brookwater real estate clients
If you are looking to sell or buy a Brookwater home, or you would like your Brookwater investment property professionally managed, then our experienced team at Purple Cow can help you.
Contact us today to find out more about the award-winning Purple Cow Real Estate difference.
