Due to its close proximity to the CBD and its leafy tranquillity thanks to the bushland reserve area of Mt Coot-tha, the inner north-western suburb of Bardon has enjoyed solid price growth over the past 10 years.
Only 5km from the Brisbane CBD, the suburb is well positioned to continue to attract homebuyers who want easy access to Brisbane City and a bushland environment. Most of the dwellings are renovated old-style Queenslanders and post-war workers cottages, however the unit and townhouse market makes up about 15 per cent of the residential sales market each year.
The suburb is popular with tenants given its inner city location and proximity to schools and universities. The suburb is consequently popular with investors, with rental properties making up about one quarter of the suburb’s housing stock.
Popular with families, Bardon has a number of private and state schools including the beautiful grounds of Stuartholme School – a private Catholic school for girls. Both Ithaca Creek and Rainworth State schools are located in Bardon, and the neighbouring suburbs of Paddington, Toowong and Auchenflower also have schools. There are a number of parks and ample walking tracks in the area and panoramic views of the city towards the climbs of Mt Coot-tha. Bardon is ideally placed to take advantage of the hustle and bustle of Caxton Street, Suncorp Stadium and the high street shopping on Latrobe Tce and Given Tce in nearby Paddington.
Median house prices in Bardon have recorded consistent annual increases while quality new townhouse projects continue to shape the face of the Bardon unit market.