QLD Brisbane Property Q1 2018

E's are good, E's are good.... Ebeneezer Goode

 

New prestige: The Brisbane suburbs on the cusp of million-dollar medians

• House prices in Camp Hill soared by 13 per cent during 2017 to a median price of $915,000.

• Seven Hills, located five kilometres east of the Brisbane CBD, recorded a median house price increase of 25 per cent over the 12 months to December 2017, according to the Domain Group.

 

I really don't understand why either of those suburbs is that expensive.

You can basically touch the planes overhead in seven hills can't you?

 

Look like it is applicable to me, can you guess the building cost @Leo2413 ?

 

yup - some from the forum here and some investors outside - their complaints about quality of tenants, maintenance costs, insurance, minimal gains etc

 

Because they are good locations, probably better than Hamilton or Ascot in terms of noise as well.

 

I have never noticed aircraft noise in Ascot or Hamilton as they dont appear to fly directly over those areas although close to the airport.

At those price tags id rather live somewhere else. Grange far nicer than camp hill in my opinion. Actually would prefer alderley at a much cheaper median price and more convenient for commuting.

 

Never a truer word spoken on PorpertyChat.. Coorparoo/Camp Hill/Seven Hills are overrated.
Gordon Park is even better value than Grange/Alderley/Newmarket. Nearly every street is a quiet, tree lined street with character homes. It has access to the Busway, AirportLink and it's on the beautiful Kedron Brook

 

I am impartial to all those areas however it is obviously a case of personal preference . Each to their own

 

Me too, but I learnt a lesson that what I think does not matter, what my buyers think will matter, so the price tell where is a better suburb in buyers' eye and we invest accordingly hoping onboard of a gentrification trend.

 

Yes predicting gentrification is one good strategy however it is also a sound strategy to invest in blue chip suburbs that have always had and will continue to have high demand for owner occupation by affluent individuals .

 

Sydney Baby Boomers drive real estate boom in Brisbane - realestate.com.au

 

Rough guess 450-500k.

 

House up my street 5bed 3bath double storey just was sold for 1.03m(sydney family moving here) earlier this year and another newish nice one up the street with pool for 1.3m in feb.

But another 2 or 3 homes are suddenly coming up for sale(can see the usual agents cars park up front and owners tidying garden and drones taking pics). One nice corner one on 800sqm on the market for couple weeks now as well which surprisingly is not under contract, it's been 3 weeks now and very capable agent is selling.

Perhaps Sydney people are now finding it harder to sell their million dollar homes in Sydney and get finance to buy here? And that's affecting the usual dynamics of selling in syd/melb and moving up to Brisbane like it was last cycle?

 

Which suburb?

 

Wakerley?

 

now you guys know where I live lol...;P

 

2+2

 

Hahahhaa we are all stand up citizens on here no need to worry