The year 2019 is looking to be a good one for these top 10 growth suburbs in Brisbane. If you're looking to add more properties to your real estate investment portfolio, make sure to include these areas in your list of prospects!
RELATED: Brisbane Rental Price Trends 2019
Median House Price: $827,000 Percent Change in 12 Months: 9.1%
Albion is a residential suburb located northeast of Brisbane. The suburb is home to a lively mix of young independents and mature couples. Hidden cafes and secret lunch spots put this suburb on the map.
Properties in Albion get at least 250 visits per year, giving the suburb an average rating in the property market.
In 2018, Albion property investors enjoyed capital gains north of 2.7%. Based on current median house prices, investors can earn up to $500 in rental income alone.
Median House Price: $445,722 Percent Change in 12 Months: 9.3%
Durack is second on the top growth suburbs in Brisbane for 2019.located on the far southwest end of Brisbane, Durack is a quiet suburb that's within reach of Brisbane CBD.
Market demand for Durack properties is average at roughly 269 visits per property every year. It is currently the 179th most active property market in Queensland.
Based on median house prices, real estate investors can expect at least $380 of rental income from Durack-based property.
Median House Price: $749,500 Percent Change in 12 Months: 9.3%
A quick 20-minute drive west from Brisbane CBD brings you to Westlake, a family-friendly residential suburb in Queensland. Westlake is known for its full, tree-lined streets and large family homes.
Properties in Westlake are in high demand, averaging at 600 property visit per year. Homes and units alike stay in listings at most two months before being leased or sold.
Based on current median house prices, Westlake property investors can earn at least $570 in rental income.
Median House Price: $642,500 Percent Change in 12 Months: 9.6%
Nudgee is a quaint little suburb in Brisbane, QLD. It is an up-and-coming family-friendly suburb known for its popular sites such as Moreton Bay and the scenic Nudgee Beach.
There is currently a high demand for Nudgee property, with this suburb raking in an average of 415 property visits per year. In 2016 alone, an estimated 50 properties from here were sold.
With its current median house price, it is estimated that real estate investors can earn up to $550 in rent.
Median House Price: $527,000 Percent Change in 12 Months: 10.8%
On the outer part of Brisbane lies the Riverhills suburb. It's home to a community of friendly families that enjoy many of the suburb's amenities—parks, shopping centres, restaurants, and recreational areas.
In the past year, Riverhills property investors enjoyed capital gains at 2.99%. Demand for property in this suburb is high. An average of 11 and 29 properties are for rent and sale at any given time, respectively.
With present median house prices, rent can go as high as $427 per property.
Median House Price: $1,250,000 Percent Change in 12 Months: 11.1%
Clayfield sits at the inner north region of Brisbane, QLD. It is bordered by established suburbs such as Nundah, Ascot, Hendra, Woolowin, and Albion.
Known for its rich history, Clayfield is home to several heritage listings that add to its unique charm.
Properties in Clayfield are in high demand. The suburb receives 542 property visits each year.
With median house prices holding steady, real estate investors can earn up to $635 in rental income for properties here in Clayfield.
Median House Price: $1,450,000 Percent Change in 12 Months: 11.5%
Hamilton is a residential suburb situated in the inner northeast region of Brisbane, QLD. It is known as one of Brisbane's more affluent suburbs, with trendy shops, restaurants, and activity centres complementing its booming real estate scene.
The Hamilton real estate market is one of the most active in Brisbane. An average of 41 properties is sold here every year.
With property visits peaking at 255 per year and median house prices holding steady, rental income can go as high as $740 every month.
Median House Price: $875,000 Percent Change in 12 Months: 12.2%
Another among the top growth suburbs in Brisbane for 2019 is Gordon Park. As one of the city's inner suburbs, residents here can quickly come or drive straight to Brisbane CBD.
Gordon Park has a high property demand market. It receives an average of 910 visits per property each year, which is double the average for Queensland as a whole.
At current median house prices, investors can expect rental income starting at $520 each month.
Median House Price: $725,000 Percent Change in 12 Months: 13.3%
Northgate has a refreshing mix of residential and connects areas in a single suburb. It's growing and diverse community makes the suburb a lively place to live.
In the past year, Northgate's capital gains topped at 20.25%. Properties in this suburb are also in high demand, with homes receiving at least 600 visits each year. Rental income starts at $460 based on current median home prices.
Median House Price: $1,202,500 Percent Change in 12 Months: 23.1%
Auchenflower is an ideal suburb for those seeking a quick respite from the busy Brisbane CBD. The suburb's community is diverse, making it an exciting neighbourhood to live in
This top growth suburb boasts of high market demand. It tallies up to 827 visits for every property each year.
At its current median price, property investors can earn up to $550 and enjoy capital gains of 44.74%.
With this list, we hope you now know more about 2019s top growth suburbs in Brisbane. Knowing which property markets experience the fastest growth can help you make better real estate investments in the future.
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