Expert predictions: Where to buy a home in southeast QLD in 2020

first_img Within easy reach of the CBD and the Oxford Street café district, Hawthorne’s style and quality can’t be argued. JI This house at 72 Elliott St, Hawthorne, is for sale.My pick is COORPAROO, given its proximity to the city and abundance of infrastructure.Lots of homes are being improved, but there is a mixture of units and townhouses that keep the values restricted a bit with the growth of the area as buyers do not want to invest too strongly in this area. JM It’s close to the CBD and has always been sought after for its lifestyle, and buying there eliminates the need for a car as you can take the ferry and walk everywhere. TWKANGAROO POINT has easy access to the CBD, public transport and opportunities for luxury apartment living with river views. SHHAWTHORNE is a premium riverside location and has an enviable selection of refurbished homes and colonial Queenslanders capturing river and city views. It is certainly a suburb to watch with still new house and land packages available, as well as the Meridian State College and Pacific Lutheran College. The suburb also offers great new infrastructure only minutes away from the university and public and private hospitals. JI Cleveland offers genuine choice when it comes to value for families and their needs in a home. TWMANLY — Brisbane’s best coastal suburb — is thriving with new homes and stunning renovators. There is a great blend of new and existing houses available in the suburb and it only takes minutes to walk to Oxley Creek common, with a serene patch of bird inhabited wetlands, easy paved walkways and picnic amenities. JIWith plenty of homes priced under $500,000, the gentrifying older suburb of OXLEY is an appealing alternative to its affluent neighbours of Sherwood and Corinda, where the median house price is above $800,000. Oxley was declared a Priority Development Area in FY19 with new homes and community facilities on the way along with a growing café culture and redeveloped shopping precincts. JM The suburb is also very close to some great schools. TW This five-bedroom house at 14 Coutts St, Bulimba, is scheduled for auction on December 14.HAWTHORNE is suburb that’s in high-demand and continues to thrive. UPPER COOMERA is a clean and green suburb with great schools. The CALOUNDRA region has always been popular with luxury buyers (and holiday-makers) who want to be close to the sea in a picture perfect coastal community. TW BANYO is close to the airport, Nudgee Beach, the CBD, and Banyo Village is fast becoming the hub of family living. CH BRISBANE SOUTHSPRINGWOOD offers great value for families in a well-established community, which has one of the most developed infrastructure networks in the whole south-east. TW This three-bedroom house at 10 Park Court, Springwood, is for sale for offers over $670,000.MOUNT GRAVATT EAST is a leafy, green suburb just 8km from the CBD. BRISBANE SOUTH It has many post-war homes that are undergoing stunning renovations. On the Brisbane River, just 8km from the CBD, this suburb offers a premium lifestyle. DH THE GAP, 8km west of the CBD, continues to provide exceptional value. GUMDALE continues to increase its average sales price off the back of Chandler’s high demand. Although Gumdale is not solely acreage properties like Chandler, with a current average sales price of $920,000 and only 20 minutes from Brisbane’s CBD, it will be the next Brisbane suburb to be included in the $1 million club. JM There are still some bargains to be found in this suburb for those looking for affordability and great public transport. DHANNERLEY, 4km from the CBD, offers generous sized blocks, perfect for families. ***LUXURY — $1 million-plusBRISBANE NORTH ALGESTER has great homes with an affordable $500,000 median price, a growing market and potential for future growth because of its proximity to the CBD, high buyer demand and high clearance rates for auctions. CH ***FAMILIES — $500,000 to $1 millionBRISBANE NORTHBRACKEN RIDGE is perfect for family home buyers with great quality homes, and it’s a favourite of those who like to shoot to the Sunshine Coast on the weekend. Ray White Queensland CEO Tony Warland.TINGALPA is on the cusp of suburbs that have thrived and is also close to all the great entertaining areas that Bulimba and Hawthorne have to offer. DH PARADISE POINT is where you go to keep your boat at a beautiful canal-front home, relax in a luxurious new build and savour the Gold Coast lifestyle. CH MARGATE is perfect for first home buyers and it offers a sea breeze, coastal lifestyle and a community that is set up with its own principality. And you are still able to commute to the CBD. Tony Warland HEMMANT is one of the few eastern suburbs where you can pick up a house for under $500,000. With a heap of new developments happening in the suburb and its close proximity to the gateway, it won’t be long before this suburb is reaching its maximum potential. JM With its wide streets with river views, ancient fig trees and classic Queenslander style homes, GRACEVILLE is one of the most searched suburbs of Brisbane. There is a renewed focus on prestige new-builds and renovations in this highly desirable location. JI This house at 46 Seaview Tce, Sunshine Beach, is on the market for $20m.People are drawn to NOOSA HEADS for the laidback lifestyle and it’s still only an hour’s commute from Brisbane’s CBD. JM BRISBANE WEST McGrath Queensland manager Justin Marsden.ALBANY CREEK has great facilities in Albany Creek Village, the Eaton’s Hill Hotel and a great hub for a night out. If you’re looking for an investment property or your first home, look to this suburb for capital growth. Christian Hamilton This property at 12 Navua St, Strathpine, is for sale.BRISBANE SOUTHI like MARSDEN in Logan City as it’s become a popular location for first home buyers, with yards of a good size for kids to play in. TW Hard to surpass for quality of lifestyle that is equalled only by the quality of residences that adorn its highly sought-after streets, HAMILTON is home to some of Brisbane’s best heritage and iconic residences and large estates. JISitting next to the blue chip suburbs of Ascot and Hamilton, HENDRA’S turn is coming. Well located Hendra will benefit from the redeveloped racecourse precinct and its new amenities. Land has been freed up for residential apartments, retail and commercial precincts, with the first major apartment tower in Mirvac’s 54,000 sqm development now under construction. While renovated homes backing onto Eagle Farm Racecourse are achieving multi-million dollar sale prices, there are still plenty of original homes on larger blocks in the $600,000 to $700,000 range. JM Buyers looking for renovated classics and modern luxe over $1 million cannot go past WILSTON for its village vibe and tight knit community. TW This five-bedroom house at 17 Dover St, Wilston, is for sale by negotiation.HENDRA is undergoing a major gentrification, with post-war homes being transformed in some of the highest quality renovations. This house at 7 Lancewood Ave, Peregian Beach, is on the market for $1.275m. Still a favourite location for the adventurers, MT COOLUM is definitely worth a look. More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoMorning walks on the beach coupled with a cafe culture and a pristine coastline that parallels the relaxed clean-living atmosphere that is on offer. Great surfing, hiking and golfing are at your doorstep and many experts agree this suburb has yet to yield its full potential. JIWith migration from the southern states continuing it makes sense that these coastal areas will continue to grow. PELICAN WATERS on the Sunshine Coast is proving to be particularly popular with interstate buyers and is continuing to grow. JM They also offer a high rental yield for investors. DHOXLEY, 10.8 km from the CBD and with rail and motorway access, has a median age group of 34. There are plenty of new and modern homes in new estates, ample schooling and the suburb is within striking distance of the Gold Coast beaches. Three primary schools and one high school make this growth suburb ideal for families. JI Only 8km from Surfers’ Paradise, the median age group is 38. Located between the thriving suburbs of Broadbeach and Palm Beach, the suburb’s burgeoning café culture and lifestyle strip is in high demand. JIThe bridesmaid to Broadbeach, BROADBEACH WATERS is benefiting from the ripple effect, with a 15.2 per cent rise in apartment prices to a median of $501,250 in the 12 months to June 30, 2019 compared to just a 1.9 per cent gain to $530,000 in Broadbeach. Buyers might not get beachfront living, but they can buy canal front living just a few blocks away from the surf, with plenty of local restaurants, bike paths for families and a nearby rainforest walk. JM The year ahead looks particularly promising, with sustained capital gains on the cards for many suburbs across Brisbane, the Gold Coast and the Sunshine Coast.Some of the industry’s top heavyweights have shared their tips on where to invest in the state’s southeast corner in 2020 with The Courier-Mail. It’s also home to an amazing selection of trendy bars, restaurants and cafes. SH It’s long been a very affordable suburb of the Sunshine Coast. TW NAMBOUR offers very affordable family homes in an area where you get the best of the hinterland and the beaches. DH This three-bedroom house at 11 Pembroke Rd, Coorparoo, is for sale with best offers due by December 17.DUTTON PARK is small enough to feel like a close community, with all the local amenities of the Princess Alexandra and Children’s hospitals, a nearby train station and beautiful leafy parks set close enough to the CBD. CH The suburb offers lots of new home and land options and is close to an array of shopping centres. DHPACIFIC PINES is a northern suburb of the Gold Coast, between Helensvale and Nerang. BRISBANE EASTBULIMBA has to be one of the most popular inner-city lifestyle destinations for all buyers who want either a riverfront house or apartment living. LANDSBOROUGH is less than an hour’s drive from Brisbane and only 20 minutes from the great beaches of the Sunshine Coast. It is fast becoming a favourite suburb for families looking for a balanced lifestyle. JM With high demand for the relaxed lifestyle and a variety of housing choices, look to CALOUNDRA for continued growth amongst southeast Queensland. CH ACACIA RIDGE has affordable, large blocks available for those wanting more space. Super garages worth of super cars It is on the cusp of suburbs that have had long-standing recognition as some of Brisbane’s best to live in. DHCASHMERE, 24km north-west of the CBD is ideal for families with the average age group 40 and a 90 per cent owner occupancy rate. With multiple developments in and around this growth suburb, MERIDIAN PLAINS is close to Caloundra and the coast. Hands down, KANGAROO POINT offers wonderful opportunities, with a myriad of high quality property. It’s close to Rocklea markets, with various new trendy cafes opening in the local area. DHWISHART, 14km from the CBD, is for the lucky buyer, as it’s harder to find in this price range. This three-bedroom home at 121 Hoyland St, Bracken Ridge, is on the market for $470,000.NUNDAH is an area that will reach the $1 million median mark in the not-too-distant future. A modern, leafy suburb nestled in-between Mt Coot-tha and Enoggera hill, creeks, bush land and wildlife areas add to the attraction of this family orientated suburb. A bush retreat with the city at your feet. JI Caloundra is only 40 minutes away and it’s an easy lifestyle. TW Clean, safe and near great schools, the median house price is around $800,000. DH A great destination for the growing family looking for larger-sized blocks with modern homes. It’s a highly searched location, offering sport and recreation areas, with a tranquil semi-rural lifestyle. JI Within easy reach of the Cleveland shopping district and the direct gateway to Moreton Bay, this is a very popular suburb for those looking to escape the inner city and enjoy the open waters. JI Can’t beat the bayside suburb of WYNNUM for its community and location near Manly and a quick trip to the airport, CBD or coast. CH You cannot go past Graceville for its classic Queenslanders. It’s such a well-established suburb in blue-chip Brisbane and there’s still good buying in this price bracket. TW This house at 35 Molonga Tce, Graceville, is for sale.GRACEVILLE is a relaxed, leafy suburb with a community-feel. There are also still waterfront/canal homes that can be bought for less than $1 million. The suburb is away from the tourist hustle and bustle, but still close to the beautiful beaches. DH BRISBANE WESTGRACEVILLE is known for its beauty and heritage and will not much longer be in this price bracket given its progressing sales in the area. With an influx of buyers seeking out colonial Queenslanders and post-war homes, Annerley has been reborn as an eclectic, inner-city haven. The suburb has a café lifestyle and local shops and is a short commute to the city. JIOffering easy access to both the CBD and Brisbane Airport, CANNON HILL is enjoying constant improvement with major industry or previously underdeveloped land making way for beautiful new house development. The most exciting new project lifting Cannon Hill is the Minnippi development, which will include a brand new 18 hole golf course. JM BRISBANE EASTALEXANDRA HILLS is a beautifully elevated suburb and genuinely close to the CBD for those who are commuting, so perfect for inner city workers. TW Harcourts Queensland’s chief auctioneer, Christian Hamilton.BRISBANE WESTThe corridor from ROCKLEA to Ipswich has long been my pick for first home buyers in all of southeast Queensland. Rocklea has plenty of opportunities to buy under $500,000 and it’s only 15 kilometres to the CBD, while Ipswich is a big city where you can buy classic Queenslanders and new homes for under $500,000. This area has a good lifestyle and the new Costco at Ipswich is a real drawcard.Plus, it’s an easy commute to Brisbane’s CBD too. TW But an excellent opportunity exists here to buy a good house on a smaller block in this very strong growth corridor, where the median age group is 37. According to realestate.com.au, searches for property in this suburb are two and half times higher than the Queensland average. JI Jon Iceton, head of Queensland for Belle Property Australasia. ROCKLEA is a hidden gem just 9kms from Brisbane’s CBD. You are still able to pick up a property under $500,000 with the median house price sitting at $405,000. There are loads of amenities and easy access into the CBD by way of public transport. JM It also has good sized blocks perfect for starting a family with good bus routes to get you easily into the CBD. CH The resurgence of the Gold Coast icon suburb that is MIAMI continues, providing exceptional value and embracing everything the coast lifestyle has to offer. PADDINGTON, for its character homes renovated into multi-million dollar properties with views of the city from high atop the hill.Caxton Street, Given Terrace and endless eclectic cafes, plus Suncorp stadium, make it one of the best suburbs for relaxed luxury and lifestyle. CH This is another patch that will exceed the $1 million median house price in the near future.DHMORNINGSIDE, 5km east of the CBD, is an in-demand suburb that benefits from the surrounding suburbs of Balmoral and Hawthorne. GOLD COASTBROADBEACH is a mecca for prestige buyers for its lifestyle and modern living. This home at 131-135 Monaco St, Broadbeach Waters, is for sale. You cannot go wrong with COOLANGATTA for its beach lifestyle just minutes from the central Gold Coast. CHSUNSHINE COASTMOOLOOLABA homes in this price bracket are in very short supply as there’s a very low number of properties available. We asked Ray White Queensland’s Tony Warland, Harcourts Queensland’s Christian Hamilton, McGrath Queensland manager Justin Marsden, Belle Property Australasia’s Jon Iceton and Place Estate Agents’ Damian and Sarah Hackett where to buy — whether you have less than $500,000 or more than $1 million to spend.LET’S HEAR IT FROM THE EXPERTSFIRST HOME BUYERS — under $500,000BRISBANE NORTH SUNSHINE COASTNAMBOUR is a hidden jewel of opportunity as it offers both tranquility and amenities. GOLD COASTRUNAWAY BAY is a popular location because of all the things the Gold Coast has to offer — the shopping, great schools, transport, the lifestyle and being close to the beach. TWCURRUMBIN WATERS is home to lots of brick houses that are being renovated and new builds are happening across the suburb. This house at 36 Lancewood Dr, Albany Creek, is for sale.GOLD COASTThe long-established Gold Coast sweetheart suburb of NERANG is well-loved by first home buyers for its handy highway access and central location.The units are often older and bigger in this area too. TW Shopping, schools and amenities are at your fingertips and quality schools and recreation areas complete this family suburb. Strong rental yields will appease investors. JI This house at 70 Algoori St, Morningside, has just gone under contract. Photo supplied. WYNNUM and WAKERLEY are current family hotspots on the Bayside. Both close to good schools, they are also lifestyle choices for many families, with Wynnum directly on Moreton Bay, and Wakerley offering a semi-rural community feel. JM A neighbour to Noosa, PEREGIAN BEACH offers a quieter, family-oriented version of the town we all love. Riverfront homes are tightly held in the area as many are seeking the waterfront lifestyle. Hawthorne is one of Brisbane’s most highly sought-after suburbs in the high-end market, with some of the city’s most stunning homes. SHRABY BAY is infamous for its larger, canal frontage residences — some with private access to the foreshore. PADDINGTON is a beautiful leafy suburb located just a short 2km from the Brisbane CBD, which makes it the perfect place for professional couples as well as families. There are numerous things in the suburb that draw the attention of people from all over Brisbane. JM MORNINGSIDE is fast becoming a pocket for renovations of character homes.It also offers great buys for families looking to settle into a beautiful suburb. CH KEDRON, for its fabulous character home renovations and new builds and the fact it has some of Brisbane’s best cafés, great local schools, aquatic centres, parks, the new bike path, and quick access to the Sunshine and Gold coasts, with the CBD nearby. CH This house at 21 Kyeema Crescent, Bald Hills, would be perfect for first home buyers at offers over $439,000.STRATHPINE because of the new Sunshine Coast University, recently opened. The suburb offers aasy access to the CBD with the tunnel nearby. SH This property at 47 Hillary Circuit, Pacific Pines, is for sale via expressions of interest. PACIFIC PINES is a great family-friendly location only minutes from the beach and local theme parks — it has everything to offer. It’s rare to be able to pick up a home under $500,000 so close to all these amenities. JM Noosa Heads has been picked as one of the best places in southeast Queensland to invest in luxury property in 2020.IT HAS been a tumultuous year for the housing market, but one where southeast Queensland remained stoic despite significant headwinds. Brisbane was buffeted by the fallout from the Royal Commission into the banking sector and APRA’s introduction of tighter lending guidelines in the first half of 2019.But confidence returned and buyer activity picked up mid-year following the federal election and consecutive interest rate cuts. MORE: Case files of a Queensland house detective GRACEVILLE has held a strong market with excellent growth of almost 12 per cent.It has always been in high demand from families with its beloved, wide tree-lined streets and a huge amount of facilities for families. JM With its relaxing yet changing demographic towards younger families, its cafes and eateries are at your disposal. Only 7.8km from the CBD and on the rail line, it’s hard to go past. JI OXLEY has a train station, which makes commuting to the CBD a breeze and families who look to this area will find great amenities, cafes and parks. CH Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenExperts 2020 property predictions02:50 The suburb also has a high owner occupancy with over 38 per cent of locals being couples with children. Jon Iceton Wacky Octagon house has pool in the middle You’ll see a lot of the community at sporting or music events at Suncorp Stadium, and they can walk home! It’s always been popular with prestige buyers and only a short distance for professionals working in the city. TW This five-bedroom house at 47 Wilden St, Paddington, is for sale.FIG TREE POCKET is a stunning leafy, riverside paradise with spacious residences on large blocks over 1000 sqm — sometimes even acreage estates. If you can purchase a home in NOOSA, our advice is to buy, as the luxury home market is getting tight. Noosa is home to a stellar list of luxury properties with a beachside feel. CH WINDSOR has always been a desirable suburb, being just 3km north of Brisbane, however in recent times we have found the demand has been fuelled by the local primary schools, St Columbia Primary School and Wilston State School. There are many great amenities for families as well as shopping and café precincts. JM COOMERA has all the amenities of the Gold Coast nearby at an affordable price and is less than 45 minutes from the CBD. CH Only 16km from the CBD, situated next to the bay, and only minutes from bustling Manly, great value still can be found in the modern, progressive suburb of WYNNUM WEST. There is strong demand for the Wynnum West public school and Brisbane Bayside state college. JI Families looking for a tight-knit community will love SUNNYBANK for its large family homes, modern choices and for being an area that will continue to see high demand. CH This five-bedroom house at 88 Archer St, Gumdale, is for sale.COORPAROO is still a strong demand area due to its close location to the CBD and affordable luxury. CH This home at 159 Margate Pde, Margate, is for sale. GEEBUNG is affordable, close to Chermside shopping centre, has great public schools and an array of parks to choose from. It’s also on the cusp of suburbs that have already boomed. Damian HackettTAIGUM is only 16km from Brisbane’s CBD, with great schooling, parks and recreation areas. AROONA is only minutes from the best beaches, walking and cycle pathways, as well as the Sunshine Coast University Hospital and health precinct. CH Everyone loves PADDINGTON and it’s median price is roaring up. It’s increasingly becoming more of a luxury property hotspot with plenty of activity in recent sales. TWPALM BEACH has many stunning luxury new builds on the beachfront. In recent years there has been strong interest in the suburb, with cruise liners stopping there regularly. It has long been a favourite for Brisbane buyers who work in Brisbane by day, but who love the Sunshine Coast lifestyle. TW The residences on SOVEREIGN ISLAND are some of the most expensive properties in the country — some exceeding $20 million — and few slide under the $2 million mark. Ideal for the boating enthusiast with luxury homes with deep water moorings and direct access to the ocean. JI This luxury home at 7-13 King Arthurs Court, Sovereign Island, is for sale. PARADISE POINT hosts the Sovereign Islands, which is one of the Gold Coast’s blue chip locations. This area is one of the most expensive areas in Australia and many houses are sold for upwards of $2 million. JM This house at 74 Dahlia St, Cannon Hill, is for sale for offers over $715,000.BRISBANE EASTCLEVELAND is a beautiful bayside area with everything from a marina to a community of well established homes, and it’s just a ferry ride to Stradbroke Island. A premium location that will never lose popularity, NOOSA’S beachfront and beach view mansions will always be in high demand for luxury buyers around Australia. SHThe sea and tree change is certainly on, as the old makes way for the new. SUNSHINE BEACH is a relaxing, beachside location, with pristine beaches and national parks for the semi-retired and for those wanting larger land. A neighbour to Ascot, Hendra is the next suburb on the list to claim the high-end title. Sarah Hackett SUNSHINE COAST DARRA has plenty of three-bedroom homes available in the $300,000s. This house at 47 Nairana Rest, Noosa Heads, is scheduled for auction on December 14. BALD HILLS is an excellent location to purchase an entry level home with sales growth of 3.8 per cent over the last five years.It’s also perfect for the investor as it holds a 4.5 per cent rental yield. You can still pick up a home well under $500,000, with the median house price sitting at $465,000. Justin Marsdenlast_img

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