According to RP Data home values in Brisbane have recorded the third largest increase across capital cities over the 12 months. There has been a much greater lift in sales activity over the year, signalling rising demand for housing and, potentially, further increases in home values over the coming months.

AR Developments’ sales agent Gil Meadowcroft says Nudgee is an ideal suburb for buying property.

“Quote in here”

CoreLogic RP Data calculates the average gain based on the total gain for the suburb divided by the number of profitable resales.

Brisbane’s most profitable suburbs

Woolloongabba – $425,270

Wilston – $401,236

Ashgrove – $361,386

Grange – $344,765

Red Hill – $332,268

Manly – $330,517

Fairfield – $330,273

Macgregor – $319,642

Camp Hill – $313,152

Bridgeman Downs – $280,153

Hendra – $278,803

Upper Mount Gravatt – $278,344

Sunnybank Hills – $276,184

Coopers Plains – $272,911

Carindale – $263,302

Gordon Park – $250,139

Gaythorne – $245,073

Carina Heights – $236,672

Cannon Hill – $236,478

Nudgee – $229,405

Greenbank – $221,184

Mount Gravatt – $219,770

Ferny Grove – $217,784

Oxley – $212,526,

Belmont – $207,304

Auchenflower – $193,789

Algester – $192,552

Arana Hills – $177,967

 

Article sources: RP Data http://www.corelogic.com.au/ and Bmag  http://bmag.com.au/your-brisbane/suburb-news/brisbanes-most-profitable-suburbs/