B-listers: Which Brissie burbs just got booted from the Million Dollar market?

In May 2022 some 1,243 suburbs had a median house or unit price above $1 million.

Come May 2023 that number had dropped to 988 suburbs, reports CoreLogic.

Here in Brisbane we’ve seen 41 suburbs drop out of the prestigious million dollar property club.

Should that be a concern? Well it depends on your point of view.

A lot of buyers are probably breathing a huge sigh of relief. After all, who moves to Brissie to pay Sydney prices?!

Families seeking value in traditional family-friendly suburbs probably don’t like the idea of forking out a cool million if they can buy an entry level home for the high $800,000s or low $900s.

That’s once again an easier task in suburbs like Albany Creek, Mitchelton, Stafford, Everton Park and here in Aspley where the median house price has dipped below $1 million to sit in the high $800k to $900k range.

It’s still good news for most sellers, especially those who bought before the last peak, as they’re still enjoying some good gains.

So, dropping out of the million-dollar A-List ain’t such a bad thing. Check out our newest B-listers below.

1. Birkdale
2. Cleveland
3. Lota
4. Murarrie
5. Wellington Point
6. Wynnum
7. Aspley
8. Carseldine
9. Everton Park
10. McDowall
11. Northgate
12. Stafford
13. Stafford Heights
14. Virginia
15. Annerley
16. Calamvale
17. Carina
18. Fairfield
19. Kuraby
20. Macgregor
21. Mansfield
22. Moorooka
23. Mount Gravatt
24. Mount Gravatt East
25. Parkinson
26. Sunnybank Hills
27. Upper Mount Gravatt
28. Gaythorne
29. Kenmore
30. Mitchelton
31. Seventeen Mile Rocks
32. Sinnamon Park
33. The Gap
34. Upper Kedron
35. Mount Crosby
36. Buccan
37. North Maclean
38. Elimbah
39. Wamuran
40. Albany Creek
41. Dayboro

Want to cash in? Book a valuation or talk to us about selling.

Looking for good buying value? Check our listings for rent.