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When is Kedron happening ?

Discussion in 'Where to Buy' started by R377, 29th Feb, 2016.

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Upcoming growth over next 4 years

Poll closed 31st Mar, 2016.
  1. 2-3%pa

    23.1%
  2. 3-5%pa

    15.4%
  3. 5-7%pa

    7.7%
  4. 8-10%pa

    23.1%
  5. 10-15%pa

    15.4%
  6. 15+%pa

    15.4%
  1. R377

    R377 Well-Known Member

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    Just checking my portfolio, I do own in Kedron. I know medians are not the be all and end all but i just checked the figures. Down 1% on past 12 months.

    I have attached the median price from July last year to current....As you can see Clayfield and Hendra have done well, followed by Gordon Park and Nundah... (not enough sales in Lutwyche)

    ** EDIT ** I forgot about Wooloowin which is in the middle of Kedron and Clayfield. Median price of Wooloowin has jumped 20% in the past 12 mths. July to today price has boomed from $715k to $868k....


    kedron.jpg
     
    Last edited: 1st Mar, 2016
  2. Bran

    Bran Well-Known Member

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    Sounds like time to buy with those discrepancies, although what benefit does it have over Nundah? No train station to start
     
  3. D.T.

    D.T. Adelaide Property Manager Business Member

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    Whats wrong with Nundah?
     
  4. Mooze

    Mooze Well-Known Member

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    Lot of apartments from the rezonings, especially around Alice st. I know the house we purchased is well up from our 07 purchase price. Depends on where you are as well - nearer the new busway has moved well.
     
  5. JDP1

    JDP1 Well-Known Member

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    i agree. If there is a >10% price differential between neighbouring suburbs, expect the ripple to kick in.
     
  6. Whitecat

    Whitecat Well-Known Member

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    Nundah is pretty trendy now. Went 'out' there the other night for the first time. Had a hipster crowd. I dont like all of those franchisey food places but I have to admit the apartments and gym and sushi bars etc has 'gentrified' that neighbourhood. Quite a significant change in a short time.
     
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  7. Whitecat

    Whitecat Well-Known Member

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    Hence my recommendation of Geebung
     
  8. nth brisbanite

    nth brisbanite Well-Known Member

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    Kedron has had good growth over the medium term. The last 12 months is not an indication if its long term prospects, especially for houses and townhouses. There are quite a few units being built but even these should be ok as long as they are not as high as those in Chermside and the CBD. My family has property in Kedron and are pleased with its performance.
    Kedron has all the ingredients to become a boom suburb: closeness to CBD, good transport and schools, great shopping close by and a 'family' feeling.
     
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  9. Azazel

    Azazel Well-Known Member

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    I still don't get why Upper Kedron isn't next to Kedron.
     
  10. vbplease

    vbplease Well-Known Member

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    Agree..
    I find it's odd that the past 12 months has been flat, but imo will do very well in the long term.
     
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  11. R377

    R377 Well-Known Member

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    ** EDIT ** I forgot about Wooloowin which is in the middle of Kedron and Clayfield. Median price of Wooloowin has jumped 20% in the past 12 mths. July to today price has boomed from $715k to $868k....
     
    Whitecat likes this.
  12. Azazel

    Azazel Well-Known Member

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    It's a good spot around that side.
    Wooloowin and Clayfield are a bit fancy.
     
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  13. Whitecat

    Whitecat Well-Known Member

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    That's a big jump for bne
     
  14. Azazel

    Azazel Well-Known Member

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    Where do you look at those numbers?
     
  15. R377

    R377 Well-Known Member

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    Just got figures from back of API magazine....
     
  16. Whitecat

    Whitecat Well-Known Member

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    The parts of Kedron away from gympie road will always be blue chip. Around the parks and creeks there is nice.
    Are the figures being affected by properties too near busy roads?
    Woolowin is a beautiful suburb for that same reason. I'm not surprised its gone up but that was a big jump and not sure why all of a sudden.
    Was just talking to the cafe owner around the corner in wavell heights he is now getting a liquor license and setting up his beer and pizza garden. In a very very standalone suburban Cafe on very quiet street. He's going well and he's going for the hipster market not the stay at home mums. The trendy people are moving further out of the cbd...

    So I see no issues with the fundamentals for Kedron. Would buy there in one of the avenues.