Properties valued in the lowest quartile of the market (that’s the bottom 25 per cent of prices) saw 5.3 per cent growth over the three months to May.
Whereas Brissie’s most expensive homes, in the top quartile, climbed just 3.2 per cent over the same period, according to the latest CoreLogic Monthly Housing Chart Pack.
Nationally, only Perth and Adelaide saw stronger growth, with bottom quartile properties clocking up 8 per cent and 5.8 per cent respectively in those capitals.
Faster growth in the cheaper segment of the market is no surprise.
With interest rates remaining relatively high and cost of living still a focus for many, buyers are looking for good value burbs.
Here on the north side, the middle to outer ring burbs offer great value buying with diverse house and unit styles that can accommodate a range of budgets: first timers, investors, down-sizers and families.
Newer homes on smaller lots or post-war doer-uppers with good bones can offer an affordable way to buy into the neighbourhood you love, with change in your pocket.
And if convenience is most important for you, units are still selling for a steal in suburbs like Stafford and even Chermside.
Looking for a good value home? View our current listings for sale or check our listings for rent.
