Brighter And some

Top #5 suburbs for rates hikes

by Kate Watt, Marketing Manager 25 June 2015

Northsiders rejoice - Brisbane's southern suburbs have a monopoly on the top #5 biggest rates increases announced by the Brisbane City Council this month.

Check out the top #5 below.

  • Chelmer – 7.03% increase
  • Macgregor – 6.94%
  • Graceville – 6.84%
  • Sherwood – 6.71%
  • Corinda – 6.46%

Northsiders rejoice again – some of our suburbs will enjoy a rates drop, including Geebung (0.46%), Boondall (0.16%), Nudgee Beach (0.48%) and Gordon Park (1.03%).

Brisbane City Council finance chairman Julian Simmons told Brisbane Times rates increases were predominantly in low lying riverside suburbs which had seen values climb following the 2011 floods. He said rates were calculated based on an average of property values over three years to minimise sudden changes.

Visit Brisbane Times to see how your suburb fared.

 

Want a suburb with better rates than yours?

Contact us for a market appraisal.
Enquire Now