{"id":1888,"date":"2022-02-16T06:52:28","date_gmt":"2022-02-16T06:52:28","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/10-most-expensive-suburbs-in-brisbane\/"},"modified":"2022-02-16T06:52:28","modified_gmt":"2022-02-16T06:52:28","slug":"10-most-expensive-suburbs-in-brisbane","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/10-most-expensive-suburbs-in-brisbane\/","title":{"rendered":"10 most expensive suburbs in Brisbane"},"content":{"rendered":"

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Brisbane\u2019s house prices have seen the\u00a0steepest annual climb in 13 years<\/a><\/u>\u00a0as the city\u2019s property market comes to grips with relentless Covid-19-induced demand for property.<\/strong><\/p>\n

\"BrisbaneIn 2021 the city experienced a once-in-a-generation property boom that resulted in almost\u00a0400 suburbs joining the million-dollar club<\/a><\/u>.<\/p>\n

If you\u2019re looking to buy, you\u2019ll be pleased to know that you can get\u00a0more bang for your buck in Brisbane<\/a><\/u>\u00a0compared to Sydney and Melbourne.<\/p>\n

So whether you\u2019ve been saving up for your next investment property or your new home, knowing the most expensive suburbs and\u00a0Brisbane\u2019s most affluent areas<\/a><\/u>\u00a0might be helpful for you.<\/p>\n

Here are the top 10 most expensive suburbs in Brisbane, with help from Domain and realestate.com.au data.<\/p>\n

1. Teneriffe \u2013 $2.74m<\/strong><\/span><\/span><\/h2>\n

Teneriffe maintains its spot as the most expensive suburb in Brisbane into another calendar year.<\/p>\n

\"\"<\/p>\n

With few houses in this inner-city location, the median house price comes in at a whopping $2.74 million.<\/p>\n

However, even units in Teneriffe are more expensive than the rest of Brisbane with a median of $683,000.<\/p>\n

Despite being an industrial town in the past, the proximity to the city and riverside views has made it ideal for affluent, young Australians.<\/p>\n

Renters could expect to spend on average $950 per week for a house and $570 per week for a unit in the area.<\/p>\n

2. New Farm \u2013 $2.15m<\/strong><\/span><\/span><\/h2>\n

With a median house price of $2.15 million, New Farm properties aren\u2019t the most expensive in the country but they do sit right near the top of Brisbane\u2019s list.<\/p>\n

Property investors might also be interested to know that the average house rent is $750 a week, more than all the other suburbs on this list.<\/p>\n

Units in New Farm also don\u2019t come cheap with a median unit price currently at $660,000 and $440 per week rent.<\/p>\n

3. Ascot \u2013 $1.97m<\/strong><\/span><\/span><\/h2>\n

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Ascot is an Inner North East suburb that\u2019s known for its affluence after once being the most expensive suburb in Brisbane.<\/p>\n

Ascot offers a selection of historic and old-world-style homes.<\/p>\n

Many families choose to live in the area to make the most of the state school catchment zone.<\/p>\n

The median house price is currently $1.97 million and $511,000 for units.<\/p>\n

The suburb\u2019s rent prices are also high at an average of $925 per week for houses and $420 per week for units.<\/p>\n

4. Chandler \u2013 $1.78m<\/strong><\/span><\/span><\/h2>\n

The next suburb of Brisbane\u2019s top 10 list is Chandler with a median house price that currently sits at $1.7 million.<\/p>\n

Despite being in the City of Brisbane, Chandler is an outer city suburb with large blocks and doesn\u2019t offer many options for those looking to buy or live in units.<\/p>\n

5. Hawthorne \u2013 $1.77m<\/strong><\/span><\/span><\/h2>\n

Hawthorne has climbed a couple of spots up the list of Brisbane\u2019s most expensive suburbs thanks to its $1.7 million average for houses and $598,750 for units.<\/p>\n

Its unsurprising given the suburb is in such high demand with as much as 1,282 visits per listing which is significantly higher than the 735 Queensland average.<\/p>\n

The suburb is suitable for professionals, couples, and families with its access to parks and cafes, and proximity to the city.<\/p>\n

Rent prices for Hawthorne property average $800 per week for a house and $430 per week for a unit.<\/p>\n

6. Fig Tree Pocket \u2013 $1.75m<\/strong><\/span><\/span><\/h2>\n

\"FigFig Tree Pocket is perfect for those wanting endless greenery, access to golf courses, and a rural feel despite being only 8km from the city centre.<\/p>\n

You\u2019ll find houses on large blocks of land and a median house price of $1.75 million, or an average $705 per week.<\/p>\n

Units aren\u2019t as common in Fig Tree Pocket since the area is more suitable for families.<\/p>\n

7. Pullenvale \u2013 $1.65m<\/strong><\/span><\/span><\/h2>\n

Pullenvale is another Brisbane suburb that has climbed the wealthy list over the past quarter.<\/p>\n

The suburb doesn\u2019t offer any units but does have houses with large acreages.<\/p>\n

It\u2019s a little further out from the city compared to other suburbs on this list though, about 16km west. It\u2019s perfect for families that are looking for a big backyard and access to great schools.<\/p>\n

The median price for houses in the area is $1.65 million, fetching rent of around $990 per week.<\/p>\n

8. Hamilton \u2013 $1.55m<\/strong><\/span><\/span><\/h2>\n

\"Hamilton<\/p>\n

Over the past five years, the median house price has gone up by an average of 9% per year to now hover around $1.55 million, fetching $700 per week in rent.<\/p>\n

Houses in Hamilton are more affordable than some other suburbs on the list even though the area is highly sought after by those looking to live by the water.<\/p>\n

A unit in Hamilton is much more affordable at a median $529,250 and $450 per week rent.<\/p>\n

9. St Lucia \u2013 $1.55m<\/strong><\/span><\/span><\/h2>\n

As with many of the suburbs on this list, St Lucia sits on the river, making it highly sought after.<\/p>\n

But the pandemic has pushed the suburb lower down the list.<\/p>\n

St Lucia is home to the University of Queensland, making it popular with university students.<\/p>\n

However, being one of the most established suburbs in Brisbane, St Lucia is also popular with professionals, retirees, and families.<\/p>\n

The median house price is $1.5 million, fetching $585 per week in rent.<\/p>\n

Meanwhile, the median unit price is $506,000 with $420 per week in rent.<\/p>\n

10. Bulimba \u2013 $1.54m<\/strong><\/span><\/span><\/h2>\n

\"bulimba\"<\/p>\n

Bulimba is a very popular area for those looking to live by the river. Property listings get an average of 609 visits, way more than what\u2019s normal for Queensland.<\/p>\n

The close proximity to the city and cottage-style properties make it ideal for both young professionals and families.<\/p>\n

The median house price is $1.5 million and the median unit price is $650,000.<\/p>\n

Houses in the area get an average of $885 per week while units go for around $520 per week.<\/p>\n

ALSO READ: <\/strong><\/span>Brisbane\u2019s best suburbs for 2022 and why the experts will get this one wrong<\/a><\/p>\n<\/div>\n

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[ad_1] Please use the menu below to navigate to any article section: Brisbane\u2019s house prices have seen the\u00a0steepest annual climb in 13 years\u00a0as the city\u2019s property market comes to grips with relentless Covid-19-induced demand for property. In 2021 the city experienced a once-in-a-generation property boom that resulted in almost\u00a0400 suburbs joining the million-dollar club. If […]<\/p>\n","protected":false},"author":1,"featured_media":1889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,38,121],"tags":[],"class_list":["post-1888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-property-investment","category-property-investment-brisbane"],"yoast_head":"\n10 most expensive suburbs in Brisbane | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You<\/title>\n<meta name=\"description\" content=\"Please use the menu below to navigate to any article section: Brisbane\u2019s house prices have seen the\u00a0steepest annual climb in 13 years\u00a0as the city\u2019s\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/royabhishek.in\/urbanbuyer\/10-most-expensive-suburbs-in-brisbane\/\" 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