Real Estate

brisbane suburbs to watch in 2019

Written by The ReReport

A total 29 suburbs in Brisbane were named among those to watch for price growth in 2019. #snapbrisbane Picture: AAP Image/Jono Searle.

These are the suburbs to watch in Brisbane in 2019, where a window of opportunity exists to get in ahead of demand driving prices up.
The list, compiled via the Price Predictor Index by Hotspotting’s Terry Ryder, tracks increases in sales demand — which is generally considered to be a precursor to increased prices.
“This precedes the price reaction,” Mr Ryder told The Courier-Mail. “Where there are sales increasing, prices will follow eventually.”
For buyers, rising demand can be a handy early warning system, particularly if suburbs they are interested in are on the list of those seeing steady rises.
“It’s a chance to buy in areas that are rising before prices really take off,” he said.
The Moreton Bay region was still the top market in Greater Brisbane in terms of rising suburbs — with seven on the list including Kippa-Ring which also made the national top 50 list.

9.11.18 Maroon MomentsBrisbane is becoming a haven for cyclists with more appearing across the suburbs as infrastructure improves. Picture: Bruce Long

The Brisbane-south region came in second with five rising suburbs, followed by Brisbane-north and Redland City, both with four growth suburbs, while there were just two rising suburbs in Logan City.
Graceville and Indooroopilly were named along with Kippa-Ring as the top three suburbs in Brisbane.
“The whole premise is there is a time lag from when sales activity rises and prices go up,” Mr Ryder said.
“If you are already in an area where sales activity is picking up strongly, well that’s good because you are ahead of the strong price rises.”
Mr Ryder expects improvements in the Queensland economy including rising infrastructure spending — much of which was focused on inner Brisbane — to have a strong positive effect on the housing market.

Opening of Howard Smith WharvesOpening of Howard Smith Wharves precinct parklands and Cliff-face lift in inner Brisbane. Picture: Liam Kidston.

“Brisbane has definitely lagged because it hasn’t had the same drivers that Sydney and Melbourne have had. I do expect Brisbane in the coming year to be stronger than it has been.”
“We’re seeing that big infrastructure spend, population growth data is favourable as well, with Queensland now the number one state for net gains for interstate migration — and 90 per cent of that goes to SEQ. Those are all things falling into line for a rise.”

29 suburbs to watch in Brisbane in 2019:

(Alphabetical order)

Suburb/Municipality/Dwelling Type/Current Median Price
Albany Creek Moreton Bay H 585,000
Alexandra Hills Redland H 470,000
Annerley Brisbane-south H 720,000
Bald Hills Brisbane-north H 440,000
Banksia Beach Moreton Bay H 560,000
Bethania Logan H 365,000
Burpengary Moreton Bay H 465,000
Camira Ipswich H 407,000
Cleveland Redland H 620,000
Clontarf Moreton Bay H 445,000
Corinda Brisbane-south H 745,000
Eatons Hill Moreton Bay H 600,000
Geebung Brisbane-north H 545,000
Gordon Park Brisbane-north H 845,000
Graceville Brisbane-west H 905,000
Indooroopilly Brisbane-west H 905,000
Indooroopilly Brisbane-west U 475,000
Kenmore Brisbane-west H 700,000
Kippa Ring Moreton Bay H 430,000
Logan Reserve Logan H 410,000
Mansfield Brisbane-south H 680,000
Mt Cotton Redland H 550,000
Ormiston Redland H 680,000
Redcliffe Moreton Bay H 440,000
Redcliffe Moreton Bay U 415,000
Stafford Heights Brisbane-north H 605,000
Sunnybank Hills Brisbane-south H 680,000
Tarragindi Brisbane-south H 775,000
Tingalpa Brisbane-east H 555,000
Wakerley Brisbane-east H 755,000
Wynnum West Brisbane-east H 540,000

(Source: The Price Predictor Index)


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