New data from realestate.com.au shows Geebung units grew from a median price of $288,193 to $597,500 over a five year period, also making it one of Queensland’s fastest growing unit hot spots.
Geebung is a well serviced suburb in Brisbane’s popular northside middle ring. It has the benefit of being on the rail line and offers parks and schools that appeal to families. It is only a few minutes drive to the vibrant Westfield Chermside precinct. Importantly for families and first time buyers it offers affordable buying compared to some of its pricier neighbours.
Units in several other northside Brissie burbs also cracked the list of the top 20 fastest to double in value.
Units in Beachmere, just north of Brisbane, more than doubled over a seven year period, from $225,000 to $465,000. While good things came to those waited in Margate where units took 11 years to double from $307,500 to $615,000 and also the Grange where units took 14 years to double from $413,000 to $830,000.
Check out the suburbs where unit values have doubled the fastest.
- Mount Lofty 2 years
- Tin Can Bay 3 years
- Noosa Heads 3 years
- Peregian Beach 4 years
- West Gladstone 4 years
- Geebung 5 years
- Mount Pleasant 5 years
- Sunshine Beach 5 years
- Yandina 5 years
- Noosaville 5 years
- Woodgate 5 years
- Beachmere 7 years
- Algester 9 years
- Tennyson 10 years
- Manly 11 years
- Bellara 11 years
- Margate 11 years
- Kenmore 14 years
- Bethania 14 years
- Grange 14 years
Looking to invest in a growth suburb? Contact us for a chat and view our current listings for sale.