Three Queensland suburbs expect growth

Sustained growth is expected for three of Queensland's highest-earning suburbs, according to a new report.

A report by Broad Property Research & Advisory has found that the suburbs of Hamilton, Ascot and Clayfield, with the highest household income across the state, are well positioned around key economic areas.

In particular, Portside Wharf in Hamilton has been highlighted for growth due to its characteristics of being a riverfront retail and residential community. 

"Portside Wharf and its surrounds has become a new mixed-use "pulse" point for Brisbane," Broad Property Research & Advisory's director, Paul Broad, said.

"The precinct is located six kilometres from the CBD and is a practical extension of the inner northern riverside suburbs of Newstead, Teneriffe and New Farm."

It is located between the Urban Renewal Precinct of Bowen Hills, Fortitude Valley, Newstead, New Farm, Teneriffe and Northshore Hamilton.

"In years to come, people will view Portside Wharf and Northshore Hamilton as comparable to Melbourne's Docklands, Brisbane's South Bank and Sydney's Walsh Bay," Broad said.

Portside Wharf is also central to two large employment hubs - the CBD and Fortitude Valley business centre, which contain around 100,000 employees, as well as the Australia Trade Coast with 60,000 employees.

"The white-collar employment growth in these key economic areas is likely to drive most of the population increase in Brisbane City over the next decade or two," he said.

"Portside Wharf is right in the middle of these two key areas and just a short drive from the Gateway Motorway, providing easy access to the Gold and Sunshine coasts and Brisbane's international and domestic airports."