Market Update: Middle ring bursting with value

Featured Image

Share it:-

Facebook
Twitter
LinkedIn
Email

Looking for good value buying in Brisbane? Some of the best value properties on the market right now are in the ever popular middle ring.

This area encompasses suburbs roughly 5km to 10km from the city centre, or drawing a slightly longer bow, even 15km out still keeps you within an easy commute.

On the northside this area takes in popular areas like Stafford, Chermside and Aspley.

Closer to the city you’re looking at hot pockets like Nundah, Hamilton and Ascot.

You can find great value here if you’re looking to buy around the Brissie median house price – which is close to $1 million – or the Brissie median unit price of around $650,000.

“Looking to the mid-ring suburbs and of course your options at the Brisbane median open a little. Think suburbs such as Clayfield, Hendra and Nundah. Here you will find reasonable quality homes for around that $1 million mark. They won’t be palatial

but expect a good size family home,” says the latest Herrod Todd White Month in Review.

“If you’re looking for attached housing in the mid-ring, then there are great options in the mid $600,000s and up to $700,000. Units and townhouses are an affordable alternative to houses, so we are seeing plenty of activity among first homebuyers for this type of stock.”

Of course the closer you go the city, the more you’ll pay. So working your way back through Stafford, Chermside West or tracking towards the bayside via Zillmere and Deagon can turn up some property gems.

If you’re seeking a foothold for below the Brissie median, check out the fringe suburbs of Moreton Bay, which were a recent focus in Smart Property Investor.

“Moreton Bay, a key growth area in Greater Brisbane, offers strong potential for home buyers and investors, thanks to its affordability and major infrastructure developments like the Petrie University and Caboolture Hospital upgrade,” the magazine reports.

Looking to make a good value move? View our current listings for sale or talk to us about selling.

Brighter Selling

What's your property worth?

Subscribe to Watt Mail

stay tuned

Everything about local real estate you didn’t know you needed to know!

Newsletter

Get In Touch

Get in touch

  • This field is for validation purposes and should be left unchanged.

Buying

Learn about the buying process.

Renting

Tenant? Start here.

Selling

Get the most out of your sale.

Landlording

All things property management.

Landlording Enquiry

Landlording enquiry

  • This field is for validation purposes and should be left unchanged.

Landlording Appraisal

Landlording appraisal

  • Your details

  • Rental property details

  • This field is for validation purposes and should be left unchanged.

Tenant Enquiry

Tenant enquiry

  • This field is for validation purposes and should be left unchanged.

Vacating Tenant Form

Vacating tenant form

  • The official stuff

  • I/we,
  • give 28 days notice of our intention to vacate our rental property at
  • Your details

  • Vacating details

  • Date you're moving out if you know it
  • This field is for validation purposes and should be left unchanged.

Buyer Enquiry

Buyer enquiry

  • This field is for validation purposes and should be left unchanged.

Book a valuation

Book a valuation

  • Your details

  • Property details

  • Preferred agent
  • This field is for validation purposes and should be left unchanged.