Queensland's Redcliffe fastest growing suburb for unit prices: Investar
Redcliffe in Qld is the fastest growing suburb for a unit, according to Investar’s latest market report.
The property investment firm states that Redcliffe’s growth has increased by 31% compared to last year.
This is followed by Box Hill in Victoria which had a growth of 26% with both Labrador and Varsity Lakes taking equal third place with 25%.
|
Suburb |
State |
Dwelling type |
Bedrooms |
Median listing price |
1 year change |
|
Redcliffe |
QLD |
Unit |
3 |
$599,000 |
31% |
|
Box Hill |
VIC |
Unit |
Studio and 1 |
$347,500 |
26% |
|
Labrador |
QLD |
Unit |
Studio and 1 |
$320,000 |
25% |
|
Varsity Lakes |
QLD |
Unit |
3 |
$549,000 |
25% |
|
Penrith |
NSW |
Unit |
2 |
$389,000 |
21% |
|
Wollongong |
NSW |
Unit |
2 |
$475,000 |
20% |
|
Burwood |
NSW |
Unit |
2 |
$838,000 |
19% |
|
Port Macquarie |
NSW |
Unit |
2 |
$328,000 |
19% |
|
Lane Cove |
NSW |
Unit |
2 |
$750,000 |
19% |
|
Gladesville |
NSW |
Unit |
2 |
$750,000 |
19% |
An example of a unit around the $599,000 median in Redcliffe is a three bedroom unit at 402/99 Marine Parade (above) that is for sale for $599,000.
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