Real Estate

where you can build new for 200k under the brisbane median

Written by The ReReport



QM Properties acreage estate at Jimboomba – Mahoney’s Pocket.

Brisbane’s median house price has hit a high, with market growth up 30 per cent in the past five years.
Figures released by the Real Estate Institute of Queensland revealed Brisbane’s median house price increased 2.5 per cent in the past year to hit a record-breaking $673,000.

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QM Properties general sales manager Damien Ross said with housing affordability forcing prospective house and land owners out of the city, it was no wonder families were relocating to the country.

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Mr Ross said regions that offered residents an affordable rural haven less than hour from the city were becoming increasingly popular.

Jimboomba is only 45 minutes’ drive from the Gold Coast or Brisbane and has undergone recent infrastructure growth.

“We’re finding more and more people are wanting to swap the rat race for a quieter country life when raising their families and the affordability of these rural areas in comparison to soaring inner-city prices adds to the appeal,” Mr Ross said.
“One of our latest developments, Mahoney’s Pocket Estate, which is nestled in the southern outskirts of the flourishing Jimboomba town centre, features affordable and level allotments.”
“House and land packages at Mahoney Pocket cost nearly $200,000 less than the median Brisbane property price.”

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Mr Ross said Jimboomba was only 45 minutes to the Gold Coast or Brisbane, and had significant infrastructure growth, including new schools, shopping centres, local markets and public transport networks.



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