Units, townhouses and small lot dwellings across Brissie, including here on the north side, are seeing continued interest, reports Herron Todd White in their latest Month in Review.
“…attached housing throughout the northern region continues to perform very well – particularly from Brendale/Strathpine and Mango Hill/Griffin up to Burpengary,” it reports.
Closer to the middle ring, buyers are preferring new stock to old stock, when it comes to townhouses.
“…the townhouse market throughout McDowall, Everton Park, Bridgeman Downs and Albany Creek for secondhand stock has slowed slightly of late, but new product remains strong,” it reports. “There are sales within Albany Creek for new townhouses reaching close to $1.2 million this year – a figure that would have been considered fanciful just a few years ago.”
Small lot homes in the northern middle ring are also packing a punch.
“The lower end of Bridgeman Downs continues to perform very well with modern homes on small lots achieving $1.4 million to $1.8 million depending on size and location,” Herron Todd White reports.
Further in again, the inner north burbs of Fortitude Valley and Bowen Hills are seeing rapid price growth in unit prices driven by value hunters drawn to the comparatively low entry prices where a one-bedder can reach the high $500,000s and entry level two-bedders can still be found in the $600,000s.
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