- 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.
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|
|8||Mount Gravatt East||9||$766,728||14.0%|