Strong indicators across sales volumes, quarterly price growth, vacancy rates, rental growth and infrastructure spending are expected to combine for a standout year, says Canstar.
“Brisbane enters 2024 with a push from a range of influences: buyer demand is rising; a continued rise in prices in most suburbs in the latest quarter; low vacancy rates and rents rising strongly,” writes Canstar.
“Perhaps the biggest impact will come from the metric on which Brisbane ranks No.1 in the nation: the impact of infrastructure developments… this inevitably translates into demand for homes.”
But not all suburbs are expected to benefit equally, and here on the north side suburbs like Nundah, Petrie and Wavell Heights are expected to top the ranks.
“The middle-ring northside suburbs comprise one of the strongest market sectors in Greater Brisbane,” Canstar reports.
Check out the full list of suburbs tipped to enjoy the growth party in 2024:
- Bellbird Park
- Bowen Hills
- Cleveland
- Eagleby
- Goodna
- Milton
- Nundah
- Petrie
- Springwood
- Wavell Heights
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