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Brisbane’s most affordable and liveable suburb revealed

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Brisbane's most affordable and liveable suburb revealed

Brisbane’s most affordable and liveable suburb has been revealed and it’s one many South East Queenslanders may never have heard of.

Still within 16 kilometres of the CBD, nestled deep in Brisbane’s south, is Algester – home to 9000 residents.

“Not many people know about Algester,” PRDnationwide researcher Diaswati Mardiasmo told 9NEWS.

“It’s kind of that quiet pocket in between Calamvale and Parkinson.”

The median price for a house is $520,000, while a unit or apartment is $314,000 on average.

But according to PRDnationwide and local agents the market is showing no signs of slowing down.

Property values are up in the Algester area by nearly 20 percent since 2016.

Cheryl Paradise from Paradise Property Sales said the area has boomed.

“The last probably three or four years it has really gone off but it’s still affordable,” she said.

Ray White’s Adam Muntazir agreed.

“If you look at the last year as well as the growth in the Algester area, it was about 1 percent in the last quarter we’ve gone up about 4 percent” he told 9NEWS.

Another four suburbs have also been earmarked as places buyers shouldn’t ignore.

Bracken Ridge and Geebung, the next best to buy or invest-in, have median house prices below $550,000

Northgate and Parkinson are best for those who enjoy unit and apartment living, with the median price hovering around $400,000.

But while there are suburbs that are cheaper in Brisbane compared to these hot spots, they’ve also been rated on liveability. These suburbs have come out on top not only because they’re the most affordable but also close to life’s essentials including transport, schools and shopping centres.

Dr Mardiasmo said buyers need to look at all aspects of an area not just price.

“We want to ensure that people can actually enjoy living in the suburb and they don’t feel scared walking around at night, so there’s low crime rates.”

Source: www.9news.com.au

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Market Place

Brisbane’s real estate is leading the nation

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Brisbane's real estate is leading the nation

According to CoreLogic property analysts, Brisbane is leading mainland Australia in all four property performance indicators for the first time in more than a decade. But what does the record increase in home values mean if you’re looking to buy or sell the place you call home? Kieran Clair is the Director of Bricks and Mortar Media, and a regular guest on ABC Radio Brisbane on a Saturday morning. He is chatting with Loretta Ryan.

Source: www.abc.net.au

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Market Place

Buying a blank canvas for your dream home: 5 big land blocks for under $540k

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Buying a blank canvas for your dream home: 5 big land blocks for under $540k
It’s becoming harder to find big blocks of land in Brisbane’s suburbs. Photo: iStock
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Market Place

Buyer interest in next-gen suburb

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Buyer interest in next-gen suburb

Each double-storey home features a mix of three-bedroom and three-bedroom-plus-study designs, complete with multi-purpose room, two bathrooms, guest powder room and generous-sized living areas.

EVERTON Hills is earmarked as a ‘next-generation’ suburb, according to developer Sunland Group.
Sunland Group managing director Sahba Abedian said local government designated Everton Hills as a next generation suburb due to its proximity to existing and future retail centres, employment, and community facilities.

Buyer interest in next-gen suburb
The kitchens will feature reconstituted stone benchtops, high-gloss cabinetry, and quality appliances, and flow seamlessly to the indoor living areas

“The arrival of Park Lane later this year, as well as the planned redevelopment of the Woolworths site in Everton Park and North-West Private Hospital, are delivering considerable amenity to The Hills District,” Mr Abedian said.

“Everton Hills also adjoins the 630ha Bunyaville State Forest, renowned for its expansive nature trails and recreation spaces.

“Grovely Train Station is an easy four-minute drive away, with direct services to the Brisbane CBD.”

Located at the centre of this wave of new infrastructure is Sunland Group’s The Hills Residences, which had already seen 50 per cent of residences sold since its April launch.

Mr Abedian said the early sales success of The Hills Residences demonstrated the inherent value of sophisticated architectural design and established amenity.

Buyer interest in next-gen suburb
Bathrooms will feature large porcelain tiles, custom-made vanities, reconstituted stone benchtops, and premium fittings.

“These homes represent the latest evolution of Sunland’s award-winning designs, featuring striking framed facades and expansive landscaping,” he said.

“Each double-storey home features a mix of three-bedroom and three-bedroom-plus-study designs, complete with multi-purpose room, two bathrooms, guest powder room and generous living areas.

“A selection of homes enjoy aspects overlooking the central park and the adjoining nature reserve.”

Mr Abedian said the kitchens would feature reconstituted stone benchtops, high-gloss cabinetry, and quality appliances, and flow seamlessly to the indoor living areas.

While bathrooms would feature large porcelain tiles, custom-made vanities, reconstituted stone benchtops, and premium fittings.

Buyer interest in next-gen suburb
The early sales success of The Hills Residences demonstrated the inherent value of sophisticated architectural design and established amenity.

“One-third of The Hills Residences is dedicated to open space, with a large central park and 3,500sq m of preserved bushland located a short stroll from every home,” he said.

“Early construction works have commenced on site, with the display home on track to be delivered in early 2019.”

Buyer interest in next-gen suburb
One-third of The Hills Residences is dedicated to open space, with a large central park and 3,500sq m of preserved bushland located a short stroll from every home.

Source: www.news-mail.com.au

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