The latest Real Estate Institute of Queensland Market Monitor figures, revealed to realestate.com.au, that Brisbane’s median house price increased 2.5 per cent in the past year to hit a record-breaking $673,000.
The top 10 highest valued suburbs in Brisbane are:
- New Farm
- Pulse vale
The top 10 growth suburbs in Brisbane’s north are:
- Stafford Heights
- Bracken Ridge
- Bridgeman Downs
- Red Hill
The figures show buyers were keen to get as much land as they could, with the median house price skyrocketing 24.9 per cent to $1.28million for houses on more than 2500 square metres of land during the June quarter.
Coastal markets were also still strong performers, particularly the Gold and Sunshine Coasts.