Aussie and RP Data have revealed which suburbs are selling at a premium and where savvy Brisbane buyers can still look to bag a bargain.
While property value growth in Brisbane hasn’t been as strong as its southern sisters Sydney and Melbourne, the sunshine state capital did record the second largest year-on-year jump in sales at 12.3% over the three months to May, second only to Hobart.
John Symond believes this could be a precursor to a greater pick-up in value growth as demand for housing rises, which is good news for Brisbanites and wannabe investors.
Across the city, one in three houses are selling above the advertised price with most of these located close to the CBD. Barely any (3.2%) properties across the city actually sell at the listed price. Here are Brisbane’s Top 10 suburbs that sold above and below the advertised price last financial year.
Top Ten Suburbs Selling Above List Price – Houses:
Top Ten Suburbs Selling Above List Price – Units:
Top Ten Suburbs Selling Below List Price – Houses:
Top Ten Suburbs Selling Below List Price – Units:
Want more information? Download the full Property Discounting Report for free.
Are you looking to buy in Brisbane? Were you surprised by the results above?
Find out which suburbs are selling above or below the advertised price in Adelaide, Hobart, Canberra, Darwin, Sydney, Melbourne, and Perth. And check out our Australian Property Pricing Report Infographic.
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