Suburb Profile
Are you considering buying a home or investment property in Bulimba? Bulimba Buyers Agent, Matt Reeves has compiled the following suburb profile for your information. Good luck with your Bulimba property purchase!
Bulimba is an affluent riverside suburb located approximately 4km north-east of the Brisbane CBD on the southern bank of the Brisbane River. The suburb is well known for its Oxford Street lifestyle precinct, ferry access, character housing, contemporary homes and premium riverfront properties.
Bulimba is bordered by Hawthorne, Balmoral and Morningside, with Teneriffe and New Farm located across the river. The suburb covers approximately 2.9 square kilometres and includes nine parks covering around 8.4% of the total area.
Historically, Bulimba developed from a farming district and later became an important riverside community with schools, churches, ferry services, shipbuilding and defence-related uses. Today, it is one of Brisbane’s best-known riverside lifestyle suburbs.
Bulimba’s population increased from approximately 6,843 residents in 2016 to 7,623 residents in 2021, representing a population growth of 11.4% over that period.
Households in Bulimba are primarily couples with children and childless couples. The 2021 owner-occupier rate was 61.4%, up from 56.0% in 2016. The predominant age group is 40–49 years.
The suburb has a high-income, professional demographic. Around 38% of households earn more than $182,000 per year, while residents are commonly employed in professional and managerial occupations.
Bulimba’s main shopping and dining precinct is centred along Oxford Street, with additional local shopping and services along Riding Road and nearby streets.
Oxford Street is one of Brisbane’s best-known lifestyle precincts, offering cafés, restaurants, bars, boutique retail, local services and entertainment options. The Brisbane City Council library on the corner of Oxford Street and Riding Road is also a useful local amenity.
Bulimba is serviced by two ferry terminals at Oxford Street and Apollo Road, providing convenient river access to the Brisbane CBD and surrounding riverside suburbs. A cross-river ferry service also connects Bulimba with Teneriffe.
Bulimba is home to Bulimba State School, a government primary school located on Oxford Street. Sts Peter and Paul’s School is a nearby Catholic primary school in neighbouring Balmoral.
There is no government secondary school within Bulimba. The nearest government secondary school is Balmoral State High School in neighbouring Balmoral.
Bulimba offers a strong network of riverside parks and neighbourhood green spaces. Popular local parks include Bulimba Memorial Park, Bulimba Riverside Park, Vic Lucas Park, Love Street Park, Stuart Street Park, Tugulawa Park and several smaller local reserves.
The suburb also benefits from sporting and recreational facilities, including Bulimba Golf Club, Brisbane Sailing Squadron and nearby club sport facilities.
Bulimba is primarily a residential suburb. Many residents commute to the Brisbane CBD, inner-east commercial precincts, Fortitude Valley, Newstead, Murarrie and other nearby employment hubs.
The suburb also has a local employment base across hospitality, retail, professional services, schools, health services and recreational facilities.
Bulimba offers a diverse mix of micro-locations that vary in desirability and price.
Most desirable areas: Riverfront and near-river locations are generally the most desirable and expensive parts of Bulimba, particularly where homes or apartments enjoy river views, premium streetscapes, or easy access to Oxford Street and ferry terminals. Quiet residential pockets close to Bulimba State School, Bulimba Memorial Park, and the Oxford Street precinct also attract strong buyer demand.
Less desirable areas: Properties near major traffic routes such as Riding Road, Lytton Road, and busy sections of Oxford Street may experience higher noise or traffic impacts. River flooding is a significant consideration in parts of Bulimba, and buyers should review Brisbane City Council flood mapping and property-specific flood overlays before purchase. Air traffic noise can also be a consideration in parts of the suburb.
If you’re looking to buy in Bulimba, working with a local buyers agent Bulimba specialist can help you understand the suburb’s different pockets, assess flood and noise risks, and avoid overpaying in a competitive riverside market.
Bulimba features a mix of character homes, contemporary family residences, luxury riverfront houses, townhouses and apartment complexes.
The Bulimba riverfront is home to many of the suburb’s premium homes and apartments. Away from the river, buyers will find a mix of timber-character homes, renovated family homes, and more contemporary infill development.
Bulimba has a mixed housing market, with a high proportion of units and townhouses alongside a substantial detached housing market. RP Data records approximately 1,664 houses and 2,170 units in the suburb.
The median house price in Bulimba is $2,394,479 (April 2026), which is well above Brisbane’s median.
For example, a four-bedroom home at 41 Eton Street, Bulimba sold for $2,160,000 in April 2026 – see images below.
The median unit price in Bulimba is: $1,159,934.
For example, a three-bedroom townhouse at 3/125 Bulimba Street, Bulimba sold for $1,235,000 in May 2026 – see images below.
Bulimba has experienced strong long-term capital growth, supported by its riverside location, lifestyle appeal and limited supply of premium housing.
House values rose from about $1,202,706 in April 2017 to around $2,394,479 in April 2026. Unit values rose from about $573,860 to around $1,159,934 over the same period.
Over the past 12 months, house values increased by about 16.4%, while unit values increased by about 15.9%.
Average holding periods are about 9.7 years for houses and 9.5 years for units, reflecting the suburb’s established owner-occupier appeal.
If you are looking for a buyers agent Bulimba buyers can trust, Your Property Hound provides independent advice, detailed due diligence and negotiation support.
We regularly assist clients purchasing family homes, prestige riverfront properties, townhouses and investment properties throughout Bulimba and Brisbane’s inner east.
Current market indicators suggest Bulimba remains a strong seller’s market for both houses and units, with limited stock and relatively fast sales.
Houses have a median of $2,057,083 and are taking around 40 days to sell. Stock on market is low at 0.77%, while the auction clearance rate is 54%. The average vendor discount is -5%, meaning that buyers need to pay above the list price to secure good properties. The gross rental yield for houses is 2.7%. The vacancy rate is 1.84%, and 24% of houses are rented.
Units and townhouses offer a more affordable entry point, with an aggregate median of $1,175,000 and a stronger gross rental yield of 3.5%. Units are selling faster than houses, with days on market at 21 days and stock on market at 0.88%. The unit auction clearance rate is 40%, vacancy is 1.05%, and the proportion of renters is higher at 55%, reflecting stronger investor and tenant demand in the apartment and townhouse market.
Whether you are searching for a riverside family home, prestige residence, townhouse or investment property, Bulimba offers a strong combination of lifestyle appeal, ferry access and long-term scarcity.
An experienced Bulimba buyers agent can help you identify high-quality opportunities, assess flood and noise risks, avoid common pitfalls and negotiate confidently in a competitive market.
Contact Your Property Hound today to discuss your Bulimba property search.
Find a better property at an even better price. Leave your property buying journey with our buyer’s agents – we’re Your Property Hounds.
