But as we know, Brisbane is made up of many mini markets and broad-brush averages just don’t tell the whole story.
In fact, amidst the steady-and-reliable overall performance you will find some suburbs sprinted to the finish line.
So it’s worth a close look at the other stories there are to tell from the latest Real Estate Institute of Queensland (REIQ) Queensland Market Monitor.
Specifically, the Brisbane local government area (LGA) top five suburbs for annual median house price growth in the 12 months to June were:
- St Lucia (21.8%)
- Ascot (21.6%)
- Gaythorne (21.6%)
- Auchenflower (19.2%)
- Wilston (18.8%)
While Brisbane’s unit market has performed with less strength there were still some admirable growth spurts worthy of mention.
The standout suburbs where units performed well in Brisbane LGA were:
- Norman Park (15.6%)
- Highgate Hill (15.3%)
- Mount Gravatt (14.4%)
- East Brisbane (13.0%)
- Annerley (10.1%)