Brighter Buying

Top #6 north Brisbane bargains for under $400,000

by Kate Watt, Marketing Manager 17 September 2015

Finding the great Aussie dream home for under $400,000 is becoming an increasingly difficult challenge, according to CoreLogic RP Data figures released last month.

But Brisbane buyers will find it easier to grab an affordable slice of real estate than southern capital city buyers.

CoreLogic RP Data reports 37.4% of all home sales nationally were at less than $400,000 over the 12 months to June 2015. Focusing just on capital cities, just 25.1% of sales were below $400,000 over the same period.

In Brisbane, however, 30.4% of house sales and 51.7% of unit sales to June 2015 were under $400,000.

First time buyers in Brisbane should spare a thought for their Sydney counterparts where just 7.8% of homes sold for less than $400,000 in the same period.

Looking to take advantage of Brisbane’s affordability? Check out these northside spots where you can still grab a bargain for under $400,000.

For houses:

  • Bracken Ridge – look for established homes
  • Bald Hills – also good for established homes
  • Fitzgibbon – search for a newer home on a smaller block
  • Zillmere – find yourself a renovator

For units

  • Chermside – look at established two bedroom units
  • Aspley – also look for established unit