Where to live in Brisbane is very much a personal preference. There are favourite suburbs for liveability, work and play. But in terms of growth suburbs, New Farm/Teneriffe, Ascot and Highgate Hill are the top three front runners, according to a January 2022 report published on propertyupdate.com.au.
New Farm/Teneriffe’s median house price is $2.24M with a high demand market a fraction above the Queensland average. This area is popular with singles and couples under 35 to 54, likely due to lifestyle and proximity to the CBD.
Ascot’s median house price is $1.94M with a high demand market, also a fraction above the Queensland average. It’s also popular with singles and couples under 35 and up to 54; it’s very accessible to the airport and the CBD. It has a strong café culture and good access to transport. Although not the primary demographic in Ascot, it is still a family-friendly suburb with access to a strong school catchment.
Highgate Hill has a median house price of $1.51M with a demand equal to Queensland’s average. Although popular with singles and couples, Highgate Hill is a suburb for everyone. It is close to the popular West End and Southbank and close to the CBD. Some of the best schools in Brisbane are in Highgate Hill’s catchment area. There are plenty of upcoming opportunities with infrastructure set for development.
Brisbane is its own little mecca but low key enough for those who enjoy living close to a big city without the craziness. Brisbane has loads of choices. Even if you choose to live in the Greater Brisbane area, you still have the best of both worlds; close to the CBD (compared to Sydney and Melbourne), yet you can feel so far away.
Whether you opt for new or old, urban, greenery, a big back yard or apartment living, Brisbane has got it all. But don’t let the façade of your perfect property fool you. You want to enjoy life in Brisbane, right? Or maybe even reap the rewards of Brisbane’s growth? Then you’ll want to make sure the property isn’t a money pit by having a building and pest inspection.