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Guest The Pom Queen

BRISBANE is continuing to defy the downturn gripping the nation’s biggest housing markets, with new figures revealing more than 25 suburbs achieved double-digit property price growth in the past year.

While home prices in Sydney and Melbourne have hit the skids, Brisbane’s are marching north, with new research finding the top 10 growth suburbs in the Queensland capital all achieved price increases of more than 15 per cent over the past 12 months.

A total of 26 mainland Brisbane suburbs achieved growth of more than 10 per cent in that period, according to data from CoreLogic analysed by realestate.com.au.

 

TOP 10 GROWTH SUBURBS IN BRISBANE

Suburb – Median house price – % change in 12 months

1. Lamb Island – $220,000 – 37.5%

2. Kangaroo Point – $983,500 – 26.1%

3. Dunwich – $442,500 – 24.4%

4. Sandgate – $758,750 – 22.4%

5. Hamilton – $1,300,000 – 20.9%

6. Chandler – $1,605,000 – 19.8%

7. Paddington – $1,150,000 – 17.3%

8. Coochiemudlo Island – $322,500 – 17.3%

9. Corinda – $840,000 – 16.6%

10. Nundah – $755,000 – 16.2%

11. Alderley – $840,000 – 15.9%

12. Sunnybank – $850,000 – 15.6%

13. Point Lookout – $970,000 – 15.5%

14. Gaythorne – $720,000 – 15.2%

15. Shorncliffe – $868,500 – 15%

16. Norman Park – $967,500 – 14.9%

17. Brookfield – $1,125,000 – 14.2%

18. Gordon Park – $880,000 – 12.8%

19. Graceville – $950,000 – 12.3%

20. Chelmer – $1,150,000 – 12.2%

21. Ascot – $1,602,500 – 12.1%

22. Greenslopes – $820,000 – 11.6%

23. Ashgrove – $1,000,000 – 11.1%

24. Yeerongpilly – $810,000 – 11%

25. Thorneside – $535,750 – 10.7%

26. Carina Heights – $725,000 – 10.7%

27. New Farm – $1,545,500 – 10.4%

28. Hemmant – $535,000 – 10.3%

29. Fortitude Valley – $970,000 – 10.2%

30. Cleveland – $625,000 – 10.1%

(Source: realestate.com.au, CoreLogic, based on data to August 31, 2018)

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