top-ten-brisbane
Top picks from BuyersBuyers. Image – Canva
  • Birkdale, Wynnum and Wellington Point made the list
  • The future Olympic city has seen significant growth since the onset of Covid
  • These suburbs are tipped to see growth

BuyersBuyers has identified ten Brisbane suburbs that show promising signs for growth despite the city’s strong growth.

The future Olympic city has experienced exponential growth of unit and house prices at a rate that is the fastest recorded in 12 years.

Pete Wargent, the co-founder of BuyersBuyers, predicts that the suburbs on this list are likely to experience growth as lending restrictions come into focus next year.

“Affordability will begin to bite for houses in Brisbane’s top-performing inner suburbs next year, but there are still suburbs and pockets where prices have not yet soared so dramatically,” said Mr Wargent.

“These areas offer an opportunity to catch this property wave for buyers in Brisbane,” Mr Wargent said.

Brisbane

Doron Peleg, the founder of RiskWise Property Research, explained that the top picks for Brisbane are around 10 to 20 kilometres from the city centre.

“We expect family-appropriate housing in these suburban locations to perform well from here,” Mr Peleg said.

Top 10 Brisbane Property Picks

Ranking Suburb Distance from the CBD (km) Median Price 1-Year Growth
1 Birkdale 19 $728,135 22.9%
2 Wynnum 14 $776,611 17.6%
3 Wellington Point 21 $772,935 21.8%
4 Aspley 11 $708,801 13.3%
5 Tarragindi 7 $949,601 14.3%
6 Manly West 14 $731,458 14.3%
7 Wavell Heights 9 $895,810 18.3%
8 Mount Gravatt East 9 $766,728 14.0%
9 Bridgeman Downs 13 $941,652 12.7%
10 Moorooka 8 $797,540 18.7%

Source – Riskwise Property, CoreLogic

~~~

Before making any investment decisions, please do your own independent research, taking into account your own situation. This article does not purport to provide financial or investment advice. See our Terms of Use.

You May Also Like

National Lending Figures Show Healthy Housing Growth

Newly released Australian data points towards growth in owner occupiers…

Scarborough top selling suburb; Perth sales up 10 per cent last week: REIWA

Last week saw 763 sales transactions in the Perth Metropolitan Area according to data reported by REIWA members…

Private sector housing approvals up for fifth consecutive month: ABS data

Private sector house approvals have risen again