Brighter And some

Which Brisbane northside boom suburb grew 33 per cent in the past year?

by Kate Watt, Marketing Manager 22 November 2018

Almost 70 Queensland suburbs delivered double digit growth over the 12 months to June, according to the Real Estate Institute of Queensland.

Perennial favourite Hamilton topped the list of Brissie growth burbs with a whopping 33 per cent increase in values.

This placed it fifth in the state, behind a number of regional centres, some of which have bounced back post mining boom.

Hamilton was amongst more than a dozen Brisbane suburbs which saw double digit growth. Check out if your burb made the list:

Capital growth in the 12 months to June
  • Hamilton 32.9%
  • Sandgate 15.2%
  • Paddington 14.7%
  • Mount Ommaney 13.7%
  • Sunnybank 13.3%
  • Graceville 13.0%
  • Hendra 12.7%
  • Shorncliffe 12.4%
  • Seven Hills 11.9%
  • Nundah 11.9%
  • Kedron 11.1%
  • Bulimba 10.6%
  • Auchenflower 10.0%

REIQ CEO Antonia Mercorella said while many headlines predicted doom and gloom for the property market, the reality was very different with many markets in Queensland performing exceptionally well.

“A total of 68 suburbs throughout Queensland have delivered double-digit growth over 12 months, which is a really strong result,” she said. “And there are many more suburbs delivering strong single-digit growth. It’s a great market to be in at the moment.”

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