Affordability was the key driver and despite predictions of softening conditions in southern states, the Aussie property market still appeared “bullet proof” according to REA Group Property Demand Index chief economist Nerida Conisbee.
“Continued increases in demand (are) setting us up for even more price growth in our major cities,” she said.
In Queensland, buyer demand had switched from the Gold Coast back to Brisbane.
“Although the (Gold Coast’s) suburbs generally dominate the most popular suburbs, the pendulum appears to be swinging back to Brisbane. Buyers are looking for affordability and big blocks in the outer suburbs, and in the inner city, more expensive suburbs also feature,’’ she said.
Amongst Queensland’s most in demand suburbs was a swag of north side favourites.
CBD proximity and the buzz of urban living was driving demand for Wilston, the Grange, and Stafford Heights.
Slightly further out, Ferny Hills was attracting attention with its big blocks and affordable price tags, while tree changers were driving demand in rural Camp Mountain and Armstrong Creek.
View the top #10 most in-demand Queensland suburbs:
- Holland Park
- Armstrong Creek
- Ferny Hills
- Stafford Heights
- Camp Mountain