Bulimba property market

Bulimba Qld Property Market

Bulimba Suburb Profile

Bulimba is a quaint suburb in the heart of Brisbane. Bulimba has seen many transformations over the years and was even known as the local farming district in the 1800s. Today, the Bulimba suburb profile  is seen as the ultimate spot to sprout your roots when it comes to settling into a relaxed suburban living lifestyle.

The Bulimba suburb profile is bordered on two sides by the Brisbane River and provides locals with easy access to the city. This means you can have the best of both worlds, relaxing in town on weekends and frequenting the city for a night out.

The suburb’s lush greenery, charming village, riverside parklands and prime real estate, makes it the perfect location to settle down in. So if you are thinking about starting a family and buying a family home in Bulimba or if peaceful living is right up your ally, then you certainly can’t go wrong with Bulimba.

Bulimba Lifestyle

Bulimba Property Market

Most of the weekend activity centres on Bulimba Memorial Park. This heritage site offers lots of picnic spots for families and is also home to the local football club.

This town’s palpable, vibrant community atmosphere is present all throughout town. Young families can visit any of the multiple eclectic cafes that are scattered throughout the town and dog walkers are often seen taking in the sights of all that Bulimba has to offer.

The centrally-located village on Oxford Street beckons tourists and locals alike. Home to health food markets, lots of boutique stores, local pubs, restaurants and bars, this is the place to be if you are looking for some entertainment.

Bulimba has a peaceful ambience and is just a stone’s throw away from Teneriffe and New Farm. However, if you are looking for a more secluded spot to grab a drink, you can take the CityCat Ferry and Cross River Ferry to a luxury café, bar and brewery on the northside of town.

Bulimba also offers a public library on the corner of Oxford Street and Riding Road, which is run by the Brisbane City Council. However, if you like sports more, you can always swing by some of the numerous sporting facilities in the area.

Bulimba Geolocation Factors

Bulimba is just 4 km north-east of the CBD and borders Balmoral, East Brisbane, Hawthorne and Morningside. It is quite easy to get around even if you don’t own a car, seeing as the town is serviced by Brisbane Transport buses. If you want to travel long distances, the nearest airport, Brisbane International Airport, is just 9.4 km away.

If you are thinking about moving to Bulimba, but need a good school for the kids, then you might want to send them to Bulimba State School. This school is a heritage-listed state school and was built in the 1900s.

The other options are Balmoral State High School, Morningside State School, New Farm State School, and Sts Peter and Paul’s School.

Bulimba Property Market

Bulimba, 4171 – *Real Estate Statistics

Bulimba Property Market

The following data from the 2021 Census gives an overview of the median sale price for houses and units in Bulimba.

Houses

  • Median sale price: $1.9m
  • Median price change (1yr): -3.85%
  • Median rent: $1000 per week
  • Median gross yield: 2.8%

Units

  • Median sale price: $805k
  • Median price change (1yr): 3.21%
  • Median rent: $673 per week
  • Median gross yield: 4.3%

Bulimba households mostly consist of couples with children and could be paying more than $4,000 per month on mortgage repayments, with a median mortgage repayment of $2,800. In 2021, approximately 60% of Bulimba homes were owner-occupied. Since 2016, the home-owner occupancy percentage has stayed relatively the same.

*Data Disclaimer: At Savvy Fox we update the data found on these posts regularly, however we understand the real estate industry is dynamic.  Therefore, it’s subject to change. Use these figures as a general guide only. We will happily discuss the latest changes to the local property market on your FREE 30-minute strategy call.

Bulimba Demographics

According to the 2021 census the population of Bulimba was 7,623. In comparison, the 2016 population was 6,842, which indicates an increase of around 10%.

The predominant age group in this town is 30-39 years of age. In general, people in this town work in a professional occupation. Approximately 36.8% of this suburb’s occupants live in rental accommodation and 61.4% own their properties.

Buyers Advocate Bulimba

Bulimba offers the perfect destination to start or raise a family. This town provides ample distractions for the little ones and lots of activities for grownups. If you are ready to dive into Bulimba real estate , Savvy Fox can help you out.

Finding a Bulimba Buying Agent with lots of experience doesn’t have to be hard. At Savvy Fox, we pride ourselves in helping our customers in finding the perfect home for a reasonable price!

So, if you need an experienced Buyers Advocate Bulimba, give Savvy Fox a call.

About the author of this post...

Picture of Jacqueline Dwyer
Jacqueline Dwyer
Jacqueline is a respected and award-winning Real Estate Buyers Agent, Registered Property Valuer and Auctioneer. She heads up Savvy Fox property group a team of property professionals who work exclusively for you, the buyer.

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