We even have our first $2 million suburb, Teneriffe, which has sky-rocketed 40 per cent in the past 12 months and almost doubled in value in the last five years.
The growth at the top end of the Brissie market showed that Brisbane remained a “consistent performer” for property owners, Real Estate Institute of Queensland chief executive Antonia Mercorella told realestate.com.au.
While Brisbane’s upper echelons might look lofty to us, our southern neighbours in Sydney think Brisbane is a bargain buy.
The New South Wales capital has around 14 suburbs with a median price of more than $2 million.
While those numbers look impressive, we don’t envy the affordability struggles that come with them.
Check out Brisbane’s millionaire suburbs:
- Teneriffe, $2.075m
- New Farm, $1.615m
- Ascot, $1.4125m
- St Lucia, $1.185m
- Hamilton, $1.165m
- Highgate Hill, $1.1625m
- Hawthorne, $1,2m
- Bulimba, $1.15m
- Wilston, $1.15m
- West End, $1.08m
- Robertson, $1.077m
- Chelmer, $1.053m
- Clayfield, $1.05m
- Fig Tree Pocket, $1.05m
- Paddington, $1.005m
Hoping to get some change from your million dollars? View our current listings for sale