Graceville: One of top Brisbane Suburbs to Watch for in 2019

Photo Credit: Google Maps / google.com.maps

Graceville, along with Indooroopilly and Kippa-Ring, make up the top three Greater Brisbane suburbs to watch for in 2019, according to the latest research.

Brisbane house prices are seen to grow at a faster rate than any other markets, this year, predicts Domain. House prices did not move over the year to December 2018, however, in 2019, prices are expected to rise by four percent and will rise again by about five percent in 2020

After slipping by about six percent in 2018 and dropping by about nine percent from its 2016 peak of $411,000, unit prices are expected to grow by three percent in 2019 and 2020.

number works n' words Ad

Hotspotting’s Price Predictor Index named the 29 Brisbane suburbs which steadily rose in demand in 2018 and should be watched for price growth in 2019. The report tracks increases in sales demand, which usually triggers price growth.

Among the Greater Brisbane regions, Moreton Bay Region tops with seven suburbs, followed by Brisbane-south region with five suburbs in the list. Brisbane-west has three, which include Graceville.

Photo Credit: J Brew [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)] / via Wikimedia Commons
The Greater Brisbane Suburbs to Watch in 2019 according to The Price Predictor Index:
(Region / Suburb / Median Price)

Tower Ad

Moreton Bay

  • Albany Creek – $585,000
  • Banksia Beach – $560,000
  • Clontarf – $445,000
  • Eatons Hill – $600,000
  • Kippa-Ring – $430,000
  • Redcliffe (Houses) – $440,000
  • Redcliffe (Units) – $415,000
  • Burpengary – $465,000

Logan

  • Bethania Logan – $365,000
  • Logan Reserve – $410,000

Redland

  • Alexandra Hills – $470,000
  • Cleveland – $620,000
  • Mt Cotton – $550,000
  • Ormiston – $680,000

Brisbane-south

  • Annerley – $720,000
  • Corinda – $745,000
  • Mansfield – $680,000
  • Sunnybank Hills – $680,000
  • Tarragindi – $775,000

Brisbane-north

  • Bald Hills – $440,000
  • Geebung – $545,000
  • Gordon Park – $845,000
  • Stafford Heights – $605,000

Ipswich

  • Camira – $407,000
  • Brisbane-west
  • Graceville – $905,000
  • Indooroopilly (Houses) – $905,000
  • Indooroopilly (Units) – $475,000
  • Kenmore – $700,000

Brisbane-east

  • Tingalpa – $555,000
  • Wakerley – $755,000
  • Wynnum West – $540,000

Industry experts believe that the Brisbane housing market will rely on its relative housing affordability, rising population, dropping unemployment, infrastructure spending, and tightening supply to stay afloat this 2019.