Grange tops list of 2017 Brisbane property hotspots

Grange tops list of 2017 Brisbane property hotspots
Grange tops list of 2017 Brisbane property hotspots

Grange takes the equal top spot as Brisbane's 2016/2017 hotspot for investing in houses with an expected increase of five percent over the next 12 months.

The median price at Grange is currently $820,000, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.

Grange tops list of 2017 Brisbane property hotspots

An example would be a five bedroom house currently being sold for over $899,000 at 97 Lanham Ave, (above) which is $79,000 above the median price.

Grange tops list of 2017 Brisbane property hotspots

Similarly a five bedroom house was sold for $870,000 at 45 Sellheim Street, (above) which is $50,000 above the median price.

The Smart Investor magazine, published by Fairfax Media, ranked Manly as equal best hotspot.

Suburb              Postcode            Median price            12 month forecast

Grange              4051                  $820,000                   5%

Manly               4179                   $780,000                   5%

Marburg           4346                    $400,000                   4%

Macgregor        4109                    $760,000                   4%

Bulimba           4171                     $1,100,000                3%

Hawthorne       4171                     $1,050,000                3%

South Brisbane 4101                     $950,000                   3%

New Farm        4005                     $1,295,000                3%

West End         4101                     $990,500                   3%

Tennyson         4105                     $725,999                   3%

 

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