And it’s seen a whopping 33 per cent increase in year-on-year median house price growth, according to Domain.
The unlikely winner of this property race is Taigum, where a mix of affordability and amenity is appealing to buyers.
Over a longer term period price growth has been somewhat more moderate. So what does Domain make of this stellar growth spurt?
Interestingly, Domain conducted its year-on-year analysis of growth spurt suburbs to settle an age-old dispute: which side of the Brisbane River is stronger for capital growth?
Its verdict? The top #10 suburbs for year-on-year median house price growth are spread equally on either side of the river.
But if you extend the analysis to count the top #20 suburbs then it’s the north side that comes out on top.
Just goes to show you can use data to support any argument you care to make!
Check out some of the other star performers over the past year:
- Taigum 33%
- Teneriffe 31%
- Bulimba 26%
- Seven Hills 22%
- Lutwyche 19%
- Auchenflower 14%
- Indooroopilly 13%
- Virginia 12%
- Ashgrove 11%