You could also pick up a plush pad in blue chip Windsor for $132,500.
Yep, those were the days.
Prices have seen a lot of movement since then, with Brissie houses growing an average annual 5.9 per cent over the past 25 years.
But not all suburbs grow equally. So where have the standout growth spurts happened in our River City?
According to the Aussie and CoreLogic report on 25 years of housing trends, it’s been evenly split north and south of the river.
On the north side, New Farm has seen the highest average annual change in growth of 9.4 per cent. No surprises there really.
And our other blue chips are also on the list: Grange, Paddo, Ashgrove, Windsor and Wilston.
Nationally, the suburb with the highest growth rate was Suffolk Park in Byron Bay which saw 11.7 per cent annually, translating to a whopping increase from a median price of $74,250 to $1.185 million over the period. Let’s call that the Hemsworth Effect.
Check out the Brissie burbs that have seen the highest average annual rate of growth in median values since 1993:
- Bulimba 9.5%
- New Farm 9.4%
- Hawthorne 8.5%
- Seven Hills 8.1%
- Grange 8.1%
- Camp Hill 8.0%
- Paddington 8.0%
- Hamilton 8.0%
- West End 8.0%
- Norman Park 8.0%
- Lutwyche 7.9%
- Balmoral 7.9%
- Cannon Hill 7.9%
- Woolloongabba 7.9%
- Hendra 7.9%
- Kalinga 7.8%
- East Brisbane 7.8%
- Wilston 7.7%
- Windsor 7.7%
- Ashgrove 7.6%
Want to buy in a strong growth market? View our current listings for sale or talk to us about selling.