Brighter Buying

Market update: the Brissie burbs outpacing their neighbours

by Dan D'Silva, Property Consultant 14 March 2024

When it comes to price growth not all suburbs are equal. Some new stats do a good job of showing just that.

Across Brisbane, values rose almost 11 per cent in the past year, reports realestate.com.au.

But when you look at different regions and suburbs within each region you see there are some star performers.

In the Brisbane – North region, Nudgee clocked up 15.7 per growth taking median prices to $998,000.

In the Moreton Bay – North region, Caboolture South was the top performer with a whopping 22.3 per cent increase taking median prices to $599,000.

That’s a huge difference in price points across the north Brisbane area.

Perhaps not surprisingly, the more affordable suburbs saw some of the biggest price hikes during the period as buyers sought to find value amid rising house prices and rising interest rates.

“In almost every Brisbane region, the top growth suburb had some of the cheapest house prices in the area,” report realestate.com.au.

With significant diversity in suburbs and housing types across Brisbane north there is still good value to be found with more growth potential ahead.

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