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This blog helps the property buying community to more easily share strategies, stories and helpful tips. It is an open blog. Anyone can join, contribute and invite others to join.

If you would like to talk property, please contact us:
Office: 1300 911 576
Martyn Fleming: 0400 000 822
Guy Clarke: 0409 055 128
E: enquiries@morpheusproperty.com.au
W: www.morpheusproperty.com.au
_________________________________________________________________

05 February 2010

10 of the BEST and WORST suburbs in Brisbane: 1999 - 2009

Here is a list of Brisbane suburbs experiencing the largest and smallest increases in median price.

The BEST

Median house price in 1999 compared with 2009, with the per centage increase

1 ROCKLEA: $75,000 in 1999 to $360,000 in 2009 - 380 per cent

2 INALA: $65,000 to $290,000 - 346.2 per cent

3 DARRA: $78,000 to $342,000 - 338.5 per cent

4 HAMILTON: $270,000 to $1,140,000 - 322.2 per cent

5 NORTHGATE: $125,800 to $488,875 - 288.6 per cent

6 FAIRFIELD: $149,600 to $580,000 - 287.7 per cent

7 CHERMSIDE: $116,828 to $447,000 - 282.6 per cent

8 MURARRIE: $120,000 to $457,000 - 280.8 per cent

9 SALISBURY: $110,000 to $415,000 - 277.3 per cent

10 WILSTON: $200,000 to $750,000 - 275 per cent


The WORST

Median house price in 1999 compared with 2009, with the per centage increase

1 BROOKFIELD: $330,000 in 1999 to $782,500 in 2009- 137.1 per cent

2 ROBERTSON: $258,000 to $620,000 - 140.3 per cent

3 INDOOROOPILLY: $250,000 to $605,000 - 142 per cent

4 ASCOT: $375,000 to $935,000 - 149.3 per cent

5 WESTLAKE: $219,500 to $547,500 - 149.4 per cent

6 BRIDGEMAN DOWNS: $248,000 to $620,000 - 150 per cent

7 MCDOWALL: $201,348 to $508,000 - 152.3 per cent

8 CARSELDINE: $185,000 to $475,000 - 156.8 per cent

9 KENMORE HILLS: $280,000 to $720,000 - 157.1 per cent

10 UPPER KEDRON: $205,000 to $530,000 - 158.5 per cent

Source: Brisbane Times

What does all this mean?

Well, let's be clear about what it doesn't mean. It doesn't mean that a suburb that performed poorly or well will continue this trend. In some instances, the reverse is true.


If you're considering buying in these areas, your best bet is to give your Buyer's Agent a call first on 1300 911 576 and find out why some will buck the trend and others continue on their current course.

Yours in property!

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