Brighter Buying

Market update: Upswing continues into 2024

by Justin Watt, CEO 15 February 2024

Brisbane property prices started the new year as they finished the old year: heading upward.

The CoreLogic Hedonic Home Value Index shows prices grew a whopping … wait for it … 1 per cent in the month of January.

That might not sound like much but as they say, it’s the one-per-centers that can add up over time to make a big difference.

And some suburbs have been putting in more one-per-centers than others over the past year with growth in excess of 20 per cent achieved in some Brissie burbs.

Mt Gravatt tops the growth list with an impressive 23.5 per cent upswing over the 12 months to January 2024.

Here on the north side, our stand out performer was Chermside which saw 19 per cent growth.

Nearby Nundah also cracked the top #10 growth suburbs for the past year, recording 17.9 per cent.

Check out the Greater Brisbane suburbs with the top growth in dwelling values over 12 months to January 2024:

  1. Mt Gravatt 23.5%
  2. Nathan 23.3%
  3. Sunnybank 21%
  4. Springwood – Kingston 20.6%
  5. Holland Park – Yeronga 19.6%
  6. Carindale 19.1%
  7. Chermside 19.0%
  8. Rocklea – Acacia Ridge 18.3%
  9. Nundah 17.9%
  10. Forest Lake – Oxley 17.7%

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