The challenges of 2020 may have held prices steady, but the capital growth dam is getting ready to burst according to stats reported by 9News this month.
A report from Select Residential Property (SRP) predicts 10 Brissie burbs are set to enjoy price growth exceeding 20 per cent by 2023.
North side value hunters will be interested to see Stafford and Keperra both make the cut, as does nearby hipster haven Alderley.
Described as “Brisbane’s most affordable growth suburb”, Keperra prices are tipped to rip from a median of $547,000 to more than $700,000 over three years – that’s growth of 22 per cent.
Stafford is expected to rise from $650,000 to more than $740,000.
And it’s not just the pandemic recovery that is set to drive growth. Brisbane already had the fundamentals in place for a growth spurt.
“Brisbane is heating up all on its own, regardless of the end of the pandemic, it was looking hot to begin with and it’s even hotter now,” Jeremy Sheppard, SRP’s research director said.
Check out the capital growth tipped for these Brissie gems over the next three years:
- Carina Heights 24%
- Mount Gravatt 23%
- Mansfield 23%
- Chapel Hill 23%
- Graceville 23%
- Keperra 22%
- Stafford 22%
- Salisbury 22%
- Alderley 22%
- Belmont 22%
Looking to catch a bargain and ride the growth wave? View our current listings for sale.