WHETHER you are a first time entrant into the market, a family looking to expand or wanting to dip your toe into the luxury market, these are southeast Queensland’s top spots to buy this year.
Is the new year time for a new home? Whether you are a first time entrant into the market, a family looking to expand or wanting to dip your toe into the luxury market, we’ve asked the experts to nominate the top southeats Queensland suburbs to buy in 2018.
Tony Warland – Ray White Qld CEO
Damian Hackett – Place Estate Agents CEO
Brendan Whipps – Harcourts Qld CEO
Jon Iceton – Belle Property Head Qld
Paul Arthur – Qld Sotheby’s International CEO
FIRST HOME BUYERS (under $500,000)
Narangba: A long-time popular suburb for its affordable homes. TW
North Geebung: Growing in value, 20 minutes from CBD with access to motorway and renovated Chermside shopping centre. DH
Banyo: Great buying, emerging services and close to Nundah’s thriving scene. BW
Redcliffe: Affordable waterside suburbs, new rail link, very attractive to the first homebuyer. JI
Banyo: Close to the CBD, train and bus, and strong returns. This a great place. PA
Springfield: Technically southwest. Still close to the CBD, while still in Ipswich Council area. TW
Acacia Ridge: Next to thriving south-side suburbs, without the price tag. Large blocks. DH
Springfield Lakes: Great value for money and plenty of investment surrounding it. BW
Rochedale: An attractive alternative for the first homebuyer looking to enter the Brisbane market. JI
Rochedale South: New estates popping up. this is the best pick for in the south . PA
Alexandra Hills: Nice steady suburb for homebuyers and investors with good returns. TW
Tingalpa: Great opportunities only minutes away from premium locations like Bulimba and Hawthorne precincts. DH
Wakerley: Close to the Bayside and City, surrounded by big blocks . BW
Murarrie: Post-war weatherboard and chamferboard houses combined with more modern estates. JI
Alexandra Hills: Average home prices of under $500,000, but still less than 30 mins to CBD. PA
Ipswich: We expect price growth in 2018 as the market has caught up and is ready to go . TW
Forest Lake: New homes at affordable prices in smaller communities with great amenities. DH
Riverhills: Affordable one to watch with better access to the city now through Legacy Way. BW
Oxley: Quiet neighbourhoods with a strong sense of community. Streets are wide and leafy, and many big blocks of land. JI
Ferny Hills / Arana Hills: I can’t go past either for location, quality, and value for money. PA
Upper Coomera: Long been a favourite for commuters and for affordable stock in the high growth corridor. TW
Upper Coomera: Continuously evolving, with new homes and developments in safe communities at affordable prices. DH
Ashmore: Great value in low sets and good sized blocks. Pockets of opportunity. BW
Coomera / Hope Island: Within reach of the beaches and an easy commute to Brisbane, great opportunities for the entry level buyer. JI
Varsity Lakes: Smaller homes ideal for first home buyers close to Bond University and Robina Town Centre. PA
Sippy Downs: Set for more growth as it becomes more of an education hub. TW
Sippy Downs: It offers housing opportunities close to the Sunshine Coast University at very affordable prices. DH
Caloundra: Beaches, closest Sunny Coast location to Brisbane for work options and beautiful. BW
Caloundra: Plenty of development in the pipeline offering excellent opportunities for those wanting to enter the market. JI
Bli Bli: Increased infrastructure, new developments and regular capital gains.PA
FAMILIES ($500,000 to $1 million)
Bracken Ridge: Close to good arterials and shopping centres. A lot of people who sell in Bracken Ridge, buy in Bracken Ridge. TW
Wavell Heights: An attractive suburb close to the M1, with good, quality character homes and homes ready to renovate. DH
Wavell Heights : A hot spot in the inner-north. Beautiful leafy streets and big homes. BW
Wavell Heights: A quick commute to work. Families can capitalise on generous blocks close to the city. JI
Wooloowin / Kalinga: Close to the city, and many great prestigious schools, plus Kedron Brook. Still priced under the luxury market. PA
Rochedale South: This suburb stands out for its volume. This is family heartland. TW
Mount Gravatt East: Still offers value for money. Some of the South’s best school catchment areas, public transport and parks. DH
Daisy Hill: Home to some large, quality homes on large parcels of land. BW
Tarragindi: Easy commute to the CBD and a major motorway heading north and south.JI
Macgregor: Still a relatively undiscovered gem with some great bargains still to be had.PA
Carina: There’s been a solid five years of growth in Carina and it should continue. TW
Cannon Hill: Affordability for families on reasonable land, and an attractive lifestyle. DH
Camp Hill: It’s hard to beat the inner-east — so much to offer for everyone in the family. BW
Carindale: A lively entertainment and shopping culture, and quiet residential pockets and greenspaces. JI
Manly: Brilliant opportunity for families looking to take advantage of the coastal life while still in reach of the city. PA
Toowong: There’s such strong affinity to St Lucia in this education hub. TW
Kenmore:Large renovated Queenslanders on decent-sized allotments and a leafy lifestyle. DH
Chapel Hill: Leafy, quiet, well positioned and easy access to quality schools. BW
Kenmore: Changing demographic towards younger families, neighbourhood bars and eateries are eon the rise. JI
Bardon/Auchenflower: Close to the city, including Suncorp Stadium, with consistent growth, and great resale. PA
Helensvale: Helensvale is rocking. It keeps improving year on year. TW
Elanora: Affordable family homes on larger allotments with easy access to beaches. DH
Hope Island: Big homes with all the lifestyle and quick access to the M1 for commuters.BW
Palm Beach: A fabulous blend of community on the beach. Only minutes from the airport and heart of Surfers Paradise. JI
Parkwood: Larger blocks, many on the golf course. Excellent, central location with easy transport links. PA
Buderim: In a high ground area which has always been popular. TW
Coolum: Significant growth in infrastructure and new developments, making it a hotspot for families for affordable beachside living. DH
Buderim: Bustling community with funky cafes, stunning views and close to the beach. BW
Moffat Beach: Beachside neighbourhood which radiates summer. Moffat is becoming a favourite for family’s due to its easy lifestyle. JI
Buderim: Perfect for families. Warm, close-knit community, close to good schools and just over 60 mins to Brisbane CBD. PA
LUXURY – ($1 million plus)
Ascot: This is blue ribbon Brisbane’s classic heartland for fine luxury homes. TW
Teneriffe: Riverside hotspot offers one of Brisbane’s best lifestyles. Restaurant precincts and extensive amenities. DH
Clayfield: Stronger than ever, tree lined streets, stunning homes and some hidden value.BW
Hamilton: Picturesque river views, a perfect blend of community vibes, heritage aesthetics and entertainment culture. JI
Hendra: 2018 should see Hendra come into the light after reaching an average sales price above $1m for the first time last year. PA
West End: In the $1 million median club for its great schools and vibrant community. TW
Coorparoo: Strong development and growth, with new developments, like Coorparoo Square, adding to the appeal of the location. DH
Tarragindi: Emerging luxury, family orientated and great proximity to CBD. BW
Coorparoo: A balance of old and new, with character-rich homes and entertainment and lifestyle developments moving into the area. JI
Highgate Hill: It will rebound strongly in 2018, to join the group of suburbs with an average sales price above $1m. PA
East Brisbane: Strong connections to Kangaroo Point, Woolloongabba and Stones Corner. A lot of real estate opportunity. TW
M anly: A relaxed, seaside community lifestyle, perfect for families and boating enthusiasts. DH
Balmoral: Views, cafes, restaurants, stunning homes — always in high demand. BW
Hawthorne: Premium river side location with an enviable selection of refurbished homes and colonial Queenslanders. JI
Balmoral: Great city views, great community, great lifestyle. PA
St Lucia: A long held suburb where people buy and hold for many generations. TW
Chelmer: Plenty of opportunity for those who want to live in a renovated Queenslander in a leafy, riverside location. DH
Paddington: Character filled with opulence. so close to the city. BW
St Lucia: Prestigious, renovated Queenslander and federation homes. JI
Brookfield: Seclusion, privacy on generous acreage blocks, Brookfield is now home to Brisbane’s most stunning luxury properties. PA
Paradise Point: This has always been an affluent high end sought-after area. TW
Palm Beach: Huge growth in new homes on prime beachfront land along with the opening of trendy restaurants in the main strip. DH
Broadbeach: Say no more — you can have it with no shortage of luxurious choice. BW
Broadbeach: Towering high-rise and contemporary apartments dominate the picture-perfect coastline. JI
Broadbeach Waters: Luxurious, waterfront residences. Enviable lifestyle close to popular shops, cafes, beaches and schools. PA
A lexandra Headland: Had two years of growth and we don’t see it slowing anytime soon. TW
Noosa: An incomparable premium beach lifestyle with stunning luxury homes. DH
Noosa: Who doesn’t love Noosa, National Parks, beautiful beaches and relaxed coastal scene. BW
Sunrise: A relaxing beachside location, with pristine beaches and national parks. JI
Noosa: It’s hard to go past Noosa for location and luxury on the Sunshine Coast. It’s a crown that seems to never tarnish. PA
Originally published: brisbaneinvestor.com.au
Sydney Baby Boomers drive real estate boom in Brisbane
A MIGRATION of cashed-up Baby Boomers from Sydney will lead to a real estate boom in Brisbane, according to property investment experts.
A Property Investment Professionals of Australia (PIPA) members’ survey revealed that Brisbane was regarded as the best capital city for property investment.
Of the members who participated in the survey, 46.15 per cent rated Brisbane as the best capital for investment prospects in 2018.
PIPA chairman Peter Koulizos said the Queensland capital was expected to boom as a side effect of the Sydney property boom happening when Baby Boomers were looking at retiring.
“People that have a lot of equity in their home can retire or semi-retire by selling up and buying a home in southeast Queensland,” Mr Koulizos said.
And with the median house price in Sydney more than $1 million, he said this would give them a sizeable pile of cash left over after buying a home further north.
“That is because there is such a big price difference between Brisbane and Sydney,” he said.
A PIPA survey from last year also rated Brisbane as the best capital city in which to invest, but in the past 12 months the average house price has increased by just 2.9 per cent.
Mr Koulizos said a boom would come eventually, but picking the exact point was tricky.
“Property booms take a long time to gather momentum, I doubt you will see double digit growth in Brisbane this year but it may be different next year,” he said.
Melbourne was the next best investment option according to the survey, with 19.23 per cent believing it was a good place to invest, followed by Perth at 15.38 per cent.
Originally published: brisbaneinvestor.com.au
The property clock strikes big for hot spot areas
9 Lion St, Ipswich. Picture: realestate.com.auSource:Supplied
DESPITE last month’s previous lacklustre values, analyst Michael Matusik has identified the areas on the upswing.
While property values remained fairly stagnant during February, property analyst Michael Matusik has revealed where the housing market is on the upswing.
Mr Matusik’s latest property clock for houses, has Brisbane, Gold Coast, Logan, Redlands, Sunshine Coast and Gympie all in upswing.
He said a market’s position on the property clock was based on the strength and direction of key indicators including sales numbers, price and rent, demand and how much new supply there was.
His latest Matusik Missive also listed Ipswich, the Fraser Coast and Noosa markets as heading into upswing territory.
Ipswich has many beautiful homes, often at prices well below what something similar would cost in Brisbane’s suburbs. A four-bedroom home at 9 Lion St,Ipswich is listed for $879,000.
The land the home sits on was bought in 1904 from the family of the then Ipswich Mayor Mr Pettigrew. A home was built on it in 1907.
The period home has 3.5m high ceilings, VJ walls, period window, and timber floorboards which have all been restored.
The home has two new bathrooms, a large separate dining area and study. It is listed through Steve Athanates of NGU Real Estate Ipswich.
On the Gold Coast at Robina, 196 Easthill Drive is listed for more than $850,000.
The three-bedroom home is within the Glades Golf Community.
It has formal and informal living and dining areas, and an outdoor entertainment area with a swimming pool nearby.
It is listed through Ian and Linda Mills of McGrath – Palm Beach.
On the Sunshine Coast at Noosaville a home at 15 Bluebell Court is listed for offers of more than $740,000.
The three-bedroom home is in a cul-de-sac in a residential pocket bordered by the Lake Doonella Reserve.
The single-level home has open plan living and dining areas. An outdoor area overlooks the pool and reserve at the rear of the property.
It is listed through Tansy Grant and Justin Sykes of Ray White – Noosa.
Originally published: brisbaneinvestor.com.au
Where to invest: These are the suburbs where house prices are tipped to grow
Annaliese Bullock, 27 with husband Jared, 27 and daughter Lyla 5 months sold their Burpengary before it even went on the market. Picture: AAP/ Megan Slade.Source:News Limited
THESE are the rising stars of Brisbane’s property market, the 27 growth suburbs investors need to know about.
INVESTORS chasing capital growth in Brisbane are spoiled for choice, with a new report identifying 27 suburbs where house prices are tipped to rise — and more than half of them have a median price of less than $500,000.
Property analyst Terry Ryder has identified the rising stars of the property market — where sales are rising steadily and house prices are set to follow. And they’re not the inner-city, blue chip suburbs you might expect.
The report examines sales activity, rather than prices, to determine the best and worst local government areas for property market growth.
The Moreton Bay region has 10 rising star suburbs where sales have been steadily increasing including Banksia Beach, Bellmere and Deception Bay.
Quarterly sales in Burpengary have risen from 69 to 97 in the past six quarters, while at Sandstone Point, sales are up from around 40 per quarter to 55 to 60.
Homes are selling so fast in the area that Jared and Annaliese Bullock just sold their four-bedroom house in Burpengary for $475,000 before they had a chance to even put it on the market.
Mrs Bullock said she contacted an agent at RE/MAX Ultimate, who brought through a couple of potential buyers and the offer was made within days.
But she’s not too surprised, given how close the suburb is to the train station, shops and the highway. The couple also recently bought two units as investment properties in nearby Caboolture. Acacia Ridge, Algester, Eight Mile Plains, Kuraby and Sunnybank Hills are also predicted growth areas.
“It’s the affordable, outer areas that have got the most activity at the moment,” Mr Ryder said.
“The infrastructure is pretty good, with train links to the centre of the city, and there’s lots of shopping centres and good amenities.”
“The sweet spot is to be about 200 metres from a school, a shopping centre and a train station.”
SUBURBS WHERE SALES ARE RISING
Acacia Ridge $402,000
Banksia Beach $550,000
Caboolture South $290,000
Deception Bay $345,000
Eight Mile Plains $788,000
Ferny Grove $595,000
Kippa Ring $415,000
Mt Warren Park $390
Sandstone Point $420,000
Sinnamon Park $720,000
Sunnybank Hills $660,000
Victoria Point $522,000
Originally published: www.news.com.au
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