Brighter Buying

Which overlooked north side suburb is fast becoming an investor paradise?

by Kate Watt, Marketing Manager 5 April 2017

It has two train stations, a prestigious school, good road transport links and extensive parklands.

Its median house price jumped from $453,000 in 2015 to $481,800 in 2016.

And, your last clue, it has its very own entertainment centre.

Guessed it yet? Yep, we’re talking about Boondall.

This suburb has been long overlooked by locals, but interstate investors have spotted its potential and are paying up to 10 per cent above asking prices sight unseen, reports the Herald Sun.

An average January sale price of $560,000 has generated excitement that 2017 could be Boondall’s year to shine.

St Joseph’s Nudgee College and the Brisbane Entertainment Centre, as well as a choice of North Boondall and Boondall train stations, are features that investors are finding very appealing.

In addition to its own bounty of features, Boondall is tipped to enjoy the ripple effect benefits flowing from the urban renewal of surrounding suburbs.

Zillmere, Chermside and Nundah have all undergone transformations in recent years sprouting multi-level residential developments and revived retail and commercial centres.

Boondall locals aren’t expecting mega transformations anytime soon, but the suburb is on the Brisbane City Council list for urban renewal.

Think you know a secret suburb set to boom? View our current listings for sale or talk to us about selling.

In a secret suburb set to boom?

Get us out for a val.
Enquire Now