Want to know which Brisbane suburbs will exhibit the best capital growth in the future?
You know how they say “the best indicator of future performance is past performance.”
Now that’s not always correct, but obviously the longer a suburb has outperformed the more likely it will continue to at least perform well and at best remain a star performer.
In Aussie’s 25 year property trend report CoreLogic has identified the best performing suburbs for price growth over the past twenty five years, based on change in median prices between 1993 and 2018.
While the Brisbane property market has been generally subdued compared to the other east coast capitals, of course there is not one Brisbane property market and as you can see from the table below, these top 20 Brisbane suburbs all grew at an average of more than 7% per annum which meant property values more than doubled every 10 years – if you bought in the right suburb – and then of course you had to own the right property in that suburb.
This forms part of the research data we use at Metropole to help our clients find investment grade properties, or A grade homes for owner occupation.
If you’d like to get the independent, award winning team at Metropole on your side to help you through the maze of mixed messages about the Brisbane property market, please click here and leave us you details or call us on 1300 20 30 30
Overall the various suburbs in Queensland show a dramatic range in performance, highlighting both the diversity in housing stock around the State, and no doubt that next twenty five years will show an equally diverse result.
Top 20 Brisbane suburbs for capital growth