Market wrap: Bargain burbs are booming

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As property buyers seek value in a strong Brissie market, bargain burbs are booming. Suburbs with a price point below the Brissie median are seeing strong interest. This is pushing prices skyward.

A new analysis from realestate.com.au has identified the suburbs and property types with the greatest increase in value over the past year – looking at just those properties with a price point below the Brissie median.

Nine of the top #10 of these cheapies are on the south side – yep think Ipswich, Dakabin, Woodridge and surrounds.

But one northside favourite has made the list.

Brendale houses have a reported median price of just $580,000 – which is still very affordable even though house prices have skyrocketed 28.9 per cent over the past year

The stats can also be a little misleading and representative of a point in time. It can be pretty hard to find a home for that price in current listings. So it’s best to talk to local agents for a true sense of what you’ll pay.

Here on the north side you’ll find some of the best value buys include post war homes in suburbs like Zillmere and Deagon, which continue to gentrify with potential for solid capital gains into the future.

Check out the bargain burbs where prices have boomed over the past year:

  • Tivoli houses 36.6%
  • East Ipswich houses 33.1%
  • North Ipswich houses 30.4%
  • Brendale houses 28.9%
  • Goodna houses 27.3%
  • Dakabin units 51.7%
  • Woodridge units 39.0%
  • Waterford West units 36.2%
  • Bundamba units 36.2%
  • Slacks Creek 36.1%

Looking for a good value buy? View our current listings for sale.

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