Brighter And some

Brisbane defies downturn

by Kate Watt, Marketing Manager 12 September 2018

Brisbane is leading the nation in all four property performance indicators, for the first time in more than a decade, according to a report in

Suburbs such as Nundah and Bridgeman Downs have cracked the $2 million owner-occupier purchases this year, adding to new figures that show Brisbane is the only capital city to record an increase in home values over the week, month, year-to-date and 12 months.

On Brisbane’s northside, suburb medians have reached $750,000, well above the city’s $680,000 median. Virginia, Chermside West, Sandgate, Wavell Heights, Brighton and Zillmere all recorded 30 per cent or more increases in median value between 2013 and August 13 this year, each starting with a buy price median of less than $522,000.

Growth by suburb – each suburbs median price at August 13, 2018 and price increase from 2013:
Aspley: $600,000; 23.71%
Bald Hills: $445,000; 20.43%
Banyo: $535,250; 28.82%
Boondall: $507,000; 23.66%
Bridgeman Downs: $741,000; 11.43%
Nundah: $750,000: 23.97%
Sandgate: $715,000; 33.90%
Wavell Heights: $690,000; 32.37%
Zillmere: $477,765; 30.89%

If you’re looking to make the move to Brisbane’s growing northside, contact our team today or look through our listings for sale.