Top 10 trending suburbs revealed

A five-bedroom house in Redland Bay sold for $1.315m

Queensland’s top 10 trending markets have been revealed, with an emerging bayside suburb making the list of suburbs with the most property sales for the first time.

The quarterly market update from prop tech firm InfoTrack shows the Moreton Bay hotspot of Redland Bay came in at tenth position on the report’s ranking of suburbs with the highest volume of sales from July to September.

Topping the list for house sales for the second consecutive quarter was the Ipswich suburb of Springfield Lakes with nearby Redbank Plains in third.

The Moreton Bay suburbs of Caboolture, Morayfield, and Burpengary continued to perform well, as did the Gold Coast’s Pimpama, Ormeau, and Upper Coomera.

A four-bedroom house at Springfield Lakes sold for $1.54m

Completing the list for houses, Buderim on the Sunshine Coast ranked sixth.

InfoTrack’s Chief Operating Officer, Lee Bailie, said Redland Bay’s debut marks a milestone for the region and reflects the rising demand for lifestyle-led property choices.

“Redland Bay’s inclusion in the top 10 underscores the growing appeal of lifestyle suburbs that offer both space and convenient access to Brisbane and the Gold Coast,” Mr Bailie said.

“Long valued for its tranquil, coastal setting, Redland Bay is now being recognised for its investment potential as well as its lifestyle benefits,” Mr Bailie said.

This house at 14 Brampton Ct, Pimpama sold for $1.09m

MORE NEWS

$100 opening bid as home sells at no-reserve auction

Surprise tax change could free up thousands of homes

Fresh blow: October figure that will change RBA call

For unit sales, the Gold Coast continued to dominate, claiming half of the top ten suburbs.

“Surfers Paradise retained its number one position, while Broadbeach, Hope Island, Mermaid Beach and Southport also featured in the top 10,” Mr Bailie said.

“The Gold Coast’s consistent performance highlights its enduring appeal to both investors and owner-occupiers drawn to its lifestyle, amenities and development activity.”

An apartment in West End sold for $748,000

Brisbane’s inner-city suburb of West End also re-entered the unit sales list in Q3, after last appearing in Q1.

Rising from ninth to sixth place, the Sunshine Coast’s Maroochydore was the region’s sole entry in the list, further underscoring lifestyle as a key driver across Queensland’s property market.

Overall, houses continued to dominate, accounting for 61.8 per cent of transaction across the state in Q3, up from 60.96 per cent in Q2 and 60.46 per cent in Q1.

The post Top 10 trending suburbs revealed appeared first on realestate.com.au.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *