Brisbane's Sunnybank leads price growth in Queensland over 10 years: CoreLogic

Brisbane's Sunnybank leads price growth in Queensland over 10 years: CoreLogic
Brisbane's Sunnybank leads price growth in Queensland over 10 years: CoreLogic

Brisbane suburbs Sunnybank and Mount Gravatt showed the strongest growth in dwelling prices in Queensland over the last 10 years, according to CoreLogic’s latest data.

Sunnybank’s 10-year growth was 39.4%, while Mount Gravatt grew 33.2% during the same period, according to CoreLogic’s release. 

Click to enlarge

Brisbane's Sunnybank leads price growth in Queensland over 10 years: CoreLogic

CoreLogic’s methodology is based on the best performing property markets at an SA3 level (SA3 represents a regional area serviced by major transport & commercial hub with a population of between 30,000 and 130,000 people).

The median price of dwellings in Sunnybank was $638,911. 

A three-bedroom house at 64 Everest Street, Sunnybank (picture above) sold earlier this year for $630,000, close to the median dwelling price of the suburb. Previously, it changed hands for $460,000 in 2013 and also for $390,000 in 2012.

A five-bedroom house at 23 Breton Street in Sunnybank sold for $590,000 in March 2017. Its sales history from CoreLogic shows it was bought for $323,000 a decade back in 2007.

Brisbane's Sunnybank leads price growth in Queensland over 10 years: CoreLogic

Tags: 
Brisbane Price Growth

Comments

Be the first one to comment on this article
What would you like to say about this project?