Skip to main content

The latest RACQ Cost of Living report into housing affordability showed that four of the top five most expensive suburbs in Brisbane are on the north side of the river.

Top five priciest suburbs in Brisbane by median house price:

— Teneriffe $1.7m

— New Farm $1.5m

— Ascot $1.4m

— Hamilton $1.2m

— Chandler $1.1m

In our part of the world the latest median house prices are:-

McDowall $625,000
Everton Park $593,500
Stafford Heights $575,000
Stafford $580,000

Which is well above Brisbane’s median house price of $485,000.

The RACQ report showed that whilst having a sea view may be desirable, it does not necessarily mean that your property is worth more.  Suburbs like Wellington Point and Wynnum had median prices just a touch over $600,000.  Maybe there is value in our fortunate location close to the city.

You may be interested to know that the highest price achieved in McDowall this year was $1,300,000 for a Rode Rd property back in May.

If you would like to see what your property is worth give Hicks Real Estate a call.

House prices are on the rise. Find out the value of your property now.

Get a free online property report from Hicks Real Estate. It takes seconds.

Hicks Real Estate is a Brisbane based, full-service real estate agency supporting buyers and sell as well as renters and property investors. With almost 20 years experience in the local market, we are the real estate experts you can rely upon.