On the northside properties in the Moreton Bay region are seeing price growth outpacing those closer to the city centre.
In a stunning example of just how popular affordable middle-to-outer ring properties have become, apartment prices in budget friendly Bracken Ridge jumped 35 per cent – or $175,000 – in the past year alone.
That’s not a bad return if you bought a cheapie a year ago.
On the southside, unit markets in Logan and surrounds have also skyrocketed in the region of $150,000 over 12 months.
The figures are highlighted in the latest PropTrack quarterly home price report published on realestate.com.au.
They reflect a similar story across Queensland were affordable regional towns are also seeing sky high price growth as buyers seek good value.
This trend is likely to continue as supply remains lower than average keeping prices solid.
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