And according to RiskWise Property Research, three of the top 10 suburbs for upsizing are on Brisbane’s northside – Albion, Wavell Heights and Stafford.
RiskWise chief executive Doron Peleg said the southeast Queensland market was perfect for medium to long-term investment.
“This puts upgraders in a good position to achieve a bigger property or a better location for a relatively reasonable price,” he told news.com.au.
“These suburbs present great lifestyle, education and opportunity in comparison with other suburbs in southeast Queensland as well as strong internal migration and affordability.
“They have also enjoyed good capital growth in recent years and are already considered very popular.”
There are two types of upsizers – the first are usually families looking for a bigger property in a better location without the million-dollar price tag; and the second are those currently living in a unit and looking to buy a house.
If you’re looking to upsize, view our current listings for sale, or if you’d like to try before you buy, check our listings for rent.
