Inala houses the cheapest among 35 suburbs priced under the $500,000 Brisbane median: REIQ
Larry SchlesingerDecember 8, 2020
Inala, a multicultural suburb 18 kilometres south west of the Brisbane CBD, had the cheapest median sale price of $277,000 over the June quarter, according to Real Estate Institute of Queensland (REIQ) house price data.
Inala house prices increased by 1.8% over the June quarter, but are down 5.9% over the past 12 months, when the median price was $295,000.
It is one of 35 suburbs that recorded a median sale prices below the $500,000 median for Brisbane houses, according to REIQ:
The 35 suburbs are:
| Locality | Median Sale Jun12 | Qtrly change | 1yr change |
| BRISBANE CITY (LGA) | $ 500,000 | -1.0% | -4.7% |
| ACACIA RIDGE | $ 315,000 | 3.3% | -2.8% |
| ALGESTER | $ 400,000 | 0.6% | -1.4% |
| BALD HILLS ~ | $ 336,000 | -9.8% | -9.3% |
| BANYO | $ 385,000 | 1.4% | -0.7% |
| BOONDALL | $ 405,000 | -0.2% | -3.0% |
| BRACKEN RIDGE ~ | $ 385,000 | -11.2% | -0.4% |
| BRIGHTON | $ 385,000 | 2.1% | -1.9% |
| CARINA | $ 493,750 | 1.8% | -3.0% |
| CHERMSIDE WEST | $ 426,000 | -1.5% | -5.4% |
| COOPERS PLAINS | $ 373,250 | 0.6% | -11.6% |
| DARRA ~ | $ 324,000 | -15.8% | 0.0% |
| DOOLANDELLA * ~ | $ 433,000 | 25.5% | -13.7% |
| DREWVALE ~ | $ 432,500 | -10.0% | -10.0% |
| EVERTON PARK | $ 450,000 | 2.7% | -6.8% |
| FITZGIBBON | $ 385,250 | -1.7% | -6.1% |
| FOREST LAKE | $ 357,500 | -2.1% | -3.7% |
| GEEBUNG ~ | $ 404,000 | -1.5% | -4.3% |
| INALA | $ 276,500 | 1.8% | -5.9% |
| KEPERRA | $ 392,500 | -3.1% | -8.0% |
| LOTA ~ | $ 424,000 | -17.7% | 8.0% |
| MANSFIELD | $ 476,250 | 7.6% | -9.6% |
| MITCHELTON | $ 460,000 | 0.0% | -9.1% |
| MOOROOKA | $ 469,250 | -2.7% | -6.2% |
| MOUNT GRAVATT EAST | $ 454,000 | 3.4% | -3.3% |
| OXLEY | $ 379,000 | -5.3% | -5.4% |
| PARKINSON ~ | $ 455,000 | -9.3% | -3.3% |
| RUNCORN | $ 440,500 | 7.4% | 2.0% |
| SALISBURY | $ 390,000 | -9.3% | -5.8% |
| STAFFORD ~ | $ 465,500 | 7.0% | -6.4% |
| STAFFORD HEIGHTS | $ 437,000 | 2.8% | -5.8% |
| SUNNYBANK HILLS ~ | $ 474,500 | 13.5% | -1.1% |
| TINGALPA | $ 422,000 | 2.9% | -4.2% |
| UPPER MOUNT GRAVATT | $ 460,000 | 2.3% | 1.1% |
| WAVELL HEIGHTS | $ 486,000 | -2.8% | -9.3% |
| WYNNUM WEST | $ 415,000 | 1.6% | -4.4% |
Source: REIQ
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Larry Schlesinger
Larry Schlesinger was a property writer at Property Observer