Redcliffe takes top spot as Queensland's fastest growing suburb for units: Investar

Redcliffe takes top spot as Queensland's fastest growing suburb for units: Investar
Redcliffe takes top spot as Queensland's fastest growing suburb for units: Investar

Redcliffe ranks among the highest Queensland suburb for the fastest growing suburb to purchase a unit, according to Investar’s latest market report.

The property investment firm states that Redcliffe has grown by 42% in one year. It does appear overly high.

This is followed by Labrador with a growth of 25% and Varsity Lakes with a growth of 19%.

Suburb

Bedrooms

Median listing price

1 year change

Redcliffe

3

$647,000

42%

Labrador

Studio and 1

$320,000

25%

Varsity Lakes

3

$537,000

19%

Bargara

3

$580,000

16%

Noosaville

3

$747,000

15%

Redcliffe takes top spot as Queensland's fastest growing suburb for units: Investar

A three bedroom apartment at 39/17 Marine Parade (above) is for sale for $649,000.

It previously traded for $420,000 in 2012, showing a 10.99 percent price growth.

 

 

Tags: 
Investar Redcliffe

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