That’s like earning an extra $100,000 a year, each year for doing nothing over that period!
Specifically the Chermside SA3 region has seen $506,000 growth since 2020, taking median house prices to $1,176,250, reports Domain.
This area takes in Aspley and Geebung to the north, through to Chermside, Chermside West and Wavell Heights then down to Gordon Park, Kedron, Stafford Heights and Stafford in the south.
These are perennially popular suburbs with a good mix of schools, shops and recreation spaces, easy access to the city and well serviced by public transport options. Housing stock is diverse, including renovated post-war charmers, and new-builds often on splitter blocks. Unit options are vast taking in newer developments in the mini city of Chermside through to character-filled unit blocks in gentrifying Stafford.
This growth places our neighbourhood in an exclusive club of Aussie neighbourhoods that saw growth of more than $500,000 over that period.
The largest growth was seen on the Gold Coast in the Broadbeach to Burleigh area which clocked up price growth of $867,500 over that time.
Australia wide, Queensland and South Australia saw the biggest gains over this period.
Want to cash in? Find out how much your property is worth or talk to us about selling.
