Brighter Buying

#40 Chart topping Brissie burbs that rocked 2020

by Kate Watt, Marketing Manager 14 January 2021

What’s a new year without a look back at the year that was? So here are the chart toppers from a year in property that served up plenty of high points, despite unprecedented challenges.

The CoreLogic Best of the Best 2020 report will have you swimming in stats that summarise top suburbs for median values and rents across houses and units in Australia’s capital city and regional markets.

Rising to the top of the ocean of numbers are some standout trends:

  • Australia’s property values remained resilient despite the initial market shock from the pandemic.
  • Demand for lifestyle areas was exacerbated by COVID-19, but had been evident for years in some markets, including our very own Sunshine Coast.
  • Rental markets had mixed fortunes with Brissie’s unit market hanging in there while Sydney and Melbourne felt the brunt of migration drops from international border closures.

And now for the deep dive… check out the top performers in Brisbane for 2020.

Highest median value – houses

  1. Teneriffe, $1.86 million
  2. Chandler, $1.58 million
  3. Ascot, $1.56 million
  4. Hamilton, $1.47 million
  5. New Farm, $1.37 million
  6. St Lucia, $1.37 million
  7. Hawthorne, $1.33 million
  8. Bulimba, $1.33 million
  9. Upper Brookfield, $1.20 million
  10. Fig Tree Pocket, $1.20 million

Highest median value – units

  1. Bardon, $665,866
  2. Hendra, $623,644
  3. Teneriffe, $615,800
  4. New Farm, $591,156
  5. Bulimba, $583,564
  6. Newstead, $541,748
  7. The Gap, $518,637
  8. Paddington, $517,413
  9. Scarborough, $513,282
  10. West End, $506,933

Greatest 12 month change in values – houses

  1. St Lucia, 13.6%
  2. Jindalee, 13.1%
  3. Ormiston, 12.6%
  4. Russell Island, 12.5%
  5. Walloon, 11.5%
  6. Grange, 11.4%
  7. Kilcoy, 10.7%
  8. Mount Ommaney, 10.7%
  9. Deagon, 10.5%
  10. The Gap, 10.2%

Greatest 12 month change in values – units

  1. Springwood, 13.7%
  2. Woorim, 12.6%
  3. Capalaba, 11.6%
  4. Thorneside, 10.2%
  5. Wynnum, 10.2%
  6. Woody Point, 9.8%
  7. Wynnum West, 9.7%
  8. Tingalpa, 9.4%
  9. Corinda, 9.0%
  10. Scarborough, 8.8%

Think your numbers are looking good for 2021? View our current listings for sale or talk to us about selling.