Brighter Selling

#11 Brisbane suburbs with double digit growth

by Karleen Jentz, Copywriter 21 June 2018

Last week we reported Brisbane had a new median house price of $670,000. But how does that break down at a suburb by suburb level?

Broad brush averages can gloss over the many mini markets that make up our diverse city.

So which suburbs did the heavy lifting to push our median price to new heights?

Those north of the Brisbane River did the lion’s share of the hard work, reports realestate.com.au.

Perennially popular suburbs including Ashgrove, Wooloowin and Lutwyche all recorded growth in the March quarter of above 10 per cent.

Further north again, the lure of the bayside proved irresistible to buyers with Shorncliffe clocking up a whopping 10.5 per cent growth in house prices over the same period.

But it was Indooroopilly which took first place with a sky-rocketing 24.1 per cent growth now placing the median house price just over $1 million.

Check out the #11 Brissie suburbs the REIQ reports gained double digit growth in the March quarter:

  • Indooroopilly: $1,010,000 – 24.1%
  • Seven hills: $920,000 – 18%
  • Ashgrove: $1,026,500 – 16.6%
  • Bulimba: $1,297,500 – 14.3%
  • Sunnybank: $820,000 – 14.2%
  • Wooloowin: $849,500 – 13.3%
  • Kalinga: $1,127,000 – 12.7%
  • Lutwyche: $850,000 – 12.4%
  • Teneriffe: $2,325,000 – 10.7%
  • Shorncliffe: $807,500 – 10.5%
  • Rocklea: $425,000 – 10.4%

Want to make a move while the Brissie market is starting to sizzle? View our current listings for sale or talk to us about selling.