With median house prices in Brissie sitting around the million dollar mark, you may think buying for less is an impossible target.
But that’s not the case, says Herron Todd White in its latest Month in Review report. You’ve actually got some diverse options.
“Brisbane’s northside mid-ring suburbs are a mixed bag of opportunities at the $750,000 level,” the report says.
“Options include post-war and conventional housing on smaller blocks in suburbs that are further afield or properties closer to town but in secondary locations. You will also find two-bedroom renovated conventional units in these inner mid-ring areas as well.”
The report goes on to flag two-bed units in suburbs like Nundah, or detached houses in suburbs like Strathpine or Bald Hills as examples of north side middle to outer ring properties within this price point.
“Brisbane’s $750,000 property segment remains viable and offers genuine opportunities for astute purchasers willing to do their research and make informed decisions based on their specific circumstances and objectives,” the report concludes.
If you’re looking to make an astute purchase of your own, make sure you talk to local agents who can help you understand the fundamentals of the market in your area.
We’d love to help you with your next property move, so contact us for a chat about anything real estate.
