Bardon, QLD 4065, is an affluent and leafy suburb located approximately 5 kilometers west of Brisbane's central business district (CBD). Historically, the area was used for farming and timber-getting, with settlement beginning in the late 19th century. Bardon has since evolved into a prestigious residential enclave known for its spacious homes, lush greenery, and panoramic views of the surrounding mountains and city skyline.
An interesting fact about Bardon is its rich cultural heritage, with many heritage-listed sites and buildings dating back to the early colonial period. The suburb has a mix of architectural styles, ranging from traditional Queenslanders to modern contemporary homes.
While Bardon has experienced some gentrification and improvement over the years, it remains an old-money suburb, characterized by its established affluent residents and prestigious address. House prices in Bardon have seen steady growth over the past decades, reflecting the suburb's desirability and limited supply of properties.
Lifestyle
Bardon offers residents a relaxed and idyllic lifestyle, with ample reserves and green spaces for outdoor recreation. Popular spots include Mt Coot-tha Reserve, which features walking trails, picnic areas, and panoramic lookout points offering stunning views of Brisbane and beyond.
Residents of Bardon enjoy a range of outdoor activities, including walking, hiking, and cycling along the numerous trails and pathways in the area. The suburb's proximity to Mt Coot-tha also makes it a popular destination for nature lovers and outdoor enthusiasts.
Coffee and cafe culture thrive in Bardon, with several trendy cafes and eateries scattered throughout the suburb. Residents often gather at these establishments to socialize, enjoy artisanal coffee, and indulge in delicious meals amidst a relaxed and inviting atmosphere.
Bardon hosts various community events and festivals throughout the year, including markets, music concerts, and cultural celebrations. Pets are popular in the suburb, and residents can often be seen walking their dogs in the local parks and reserves.
School Zones
Bardon is served by several public primary and high schools, including Bardon State School and Kelvin Grove State College. For families seeking Catholic education, St. Joseph's Catholic Primary School is located nearby in nearby Bardon.
Neighboring suburbs offer exclusive independent private schools, such as Brisbane Grammar School and St. Joseph's College, which cater to the educational needs of the affluent population.
For students with special needs, the closest school is the Glenleighden School, which offers specialized programs and support services.
Demographics
From 2006 to 2021, Bardon has experienced steady growth in median weekly household income, reflecting improving economic conditions and rising property values rising from $1,671 to $3,399. The suburb has a high percentage of families, drawn to its family-friendly amenities, quality schools, and safe environment.
Major cultural ethnicities in Bardon include Anglo-Australian, European, and Asian communities. The average income in the suburb is significantly higher than the Australian average, indicating its affluent status and increasing wealth over time.
Employment
A significant percentage of Bardon residents are professionals and managerial employees, reflecting the suburb's affluent character and high standard of living. This number is close to 63%, one of the highest numbers in Queensland. The main employers in the area include government agencies, financial institutions, and healthcare providers.
Industries of employment in Bardon include healthcare, education, retail, and professional services. While many residents work locally, others commute to neighboring suburbs or the CBD for employment.
Emerging employment trends in Bardon include growth in the technology sector, creative industries, and knowledge-based professions, reflecting the suburb's evolving economy and changing demographic profile.
Transport
Bardon is well-connected to surrounding areas via public transport, including bus routes and train services. The suburb is serviced by several main bus routes, providing convenient access to Brisbane's CBD and other key destinations.
While public transport is available, private transport remains popular among residents, with many households owning cars for commuting and leisure purposes. Additionally, bicycle paths and pedestrian walkways provide alternative modes of transportation for residents.
Shopping Centre's, Restaurants & Facilities
Bardon has a high walk score, with many amenities within walking distance for residents. The suburb offers a mix of local shops, cafes, and restaurants, as well as access to major shopping centers such as Indooroopilly Shopping Centre and Toowong Village.
Popular restaurants in Bardon include trendy cafes, international eateries, and gourmet dining establishments, catering to diverse tastes and preferences. Local facilities include fitness centers, community centers, and recreational facilities, providing residents with opportunities for leisure and social activities.
Residents of Bardon engage in various lifestyle activities, including dining out, shopping, and participating in sports and recreational activities. The suburb is home to several sports clubs, including tennis, golf, and cricket clubs, where residents can participate in team sports and competitions.
One unique feature of Bardon is its proximity to Mt Coot-Tha, offering residents access to hiking trails, botanical gardens, and scenic lookout points. Additionally, the suburb's location near the CBD provides easy access to cultural attractions, entertainment venues, and events throughout the year.
Development
Bardon features a mix of dwellings, including traditional Queenslanders, modern homes, and apartment complexes. Development opportunities in Bardon include infill development, renovations, and subdivision of larger lots to accommodate multiple dwellings.
While knock-down rebuilds and renovations are common in the area, strict planning regulations aim to preserve the suburb's character and heritage. Despite limited subdivision opportunities, there is potential for future growth and development as demand for inner-city living continues to rise.
Capital Growth
Average capital growth for houses, townhouses, and units in Bardon has been strong, reflecting the suburb's desirable location and affluent demographics.
Houses have averaged 9% capital growth, with growth in the better pockets of the suburb averaging 12%, particularly those with panoramic views and proximity to amenities, has outpaced broader market trends.
Factors driving capital growth in Bardon include its prestigious reputation, leafy surrounds, and limited supply of properties. The suburb's appeal to affluent buyers seeking premium lifestyle offerings also contributes to its strong capital growth potential.
Main buyers in the suburb include families, professionals, and investors seeking quality properties in a prestigious location.
Cash Flow
The average cash flow for houses in Bardon reflects competitive rental yields, making it an attractive investment option for landlords seeking stable returns yielding 3.2%. Townhouses and units also offer competitive yields of 4.4%, appealing to tenants seeking inner-city living with access to amenities and transport.
Cash flow has shown consistent growth over the past decades, driven by steady rental demand from professionals, families, and urban dwellers attracted to the suburb's lifestyle offerings.
Common tenants of leased properties in Bardon include university students, young professionals working in Brisbane's CBD, and families seeking quality housing options close to schools and amenities.
Rental Demand
Vacancy rates for houses, townhouses, and units in Bardon have historically been low, reflecting strong rental demand and a stable rental market averaging 1.6%. Over the past decade, vacancy rates have remained relatively stable, with fluctuations influenced by economic conditions and housing supply.
The COVID-19 pandemic has had a large impact on rental demand in Bardon, with vacancy rates remaining low or decreasing slightly due to continued demand from tenants seeking quality rental accommodation, averaging 0.8%.
Driving forces behind rental demand include Bardon's proximity to Brisbane's CBD, quality schools, and leafy surrounds, as well as its reputation as a prestigious residential enclave. Decreased rental stock levels can be attributed to limited new developments and high owner-occupancy rates, which reduce the availability of rental properties in the market.
Why You Require a Buyers Agent in Bardon
Competition in Bardon's property market is fierce, with low stock levels and high demand creating challenges for prospective buyers. A buyer's agent can provide valuable expertise, insights, and guidance to navigate this competitive landscape, helping buyers identify suitable properties, negotiate favorable terms, and secure their desired home or investment property.
Due to the suburb's limited housing supply and high demand from affluent buyers, stock levels are constantly low, making it essential for buyers to act quickly and decisively when opportunities arise. A buyer's agent can leverage their network and resources to access off-market listings and exclusive properties, giving buyers a competitive edge in the market.
One unique reason why Bardon is a good place to buy is its prestigious reputation, leafy surrounds, and strong capital growth potential. With its desirable location, quality housing stock, and affluent demographics, Bardon offers investors and homebuyers alike a premium lifestyle and investment opportunity in Brisbane's inner-west.
Having a buyers agent in your corner is crucial to your success in Bardon. Having the knowledge, strategy, access and negotiation ability will ensure you save thousands on the way in and make potentially millions in the future.
Why not seek Professional Advice from one of our Buyers Agents
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