Bardon Exhibits Steady Home Price Growth for Q1 2021

bardon

Bardon recorded a house price growth of 25 percent in the first quarter of 2021, making it one of the top choices for homebuyers looking to invest in Brisbane’s inner-west.

In 2021, the quarterly growth rate for Bardon is at 25.8-percent whilst the median house price is $1.17million. 

Meanwhile, topping this year’s list is Chelmer, with a 65.1% growth rate and a median house price of $1.27m. Just this year, Chelmer already recorded two significant sales and the latest one is a contemporary house along Laurel Ave sold for  $1.85 million.

Read: Rainworth, Bardon, Bardon West Identified as Among Safest Suburbs of Brisbane

Bardon is considered one of the best suburbs for raising a family or settling down. Besides its proximity to the CBD, Bardon has an appealing environment and accessible public transport system. 

In February 2021, a four-bedroom, a post-war home located at 55 Outlook Crescent in Bardon sold for $2 million. The 1,264-sqm property was subdivided into two lots.

A separate report by Realestate.com.au finds that around 20 percent of people who live in Bardon are established couples and families. Around 18.7 percent are older couples and families whilst the remaining 15.6 percent are maturing couples and families. 

Bardon is one of Brisbane’s school catchment zone, no wonder why families choose to live in the area. It’s home to Rainworth State School, one of the top-performing primary schools in Queensland.

Many long-time residents stay in Bardon because of the excellent schools within the suburb’s catchment area, such as Rainworth State School, Brisbane Girls Grammar, and St Joseph’s in Gregory Terrace.