Brisbane median house prices September quarter 2011: A suburb-by-suburb guide

Larry SchlesingerNovember 20, 2011

Median house prices in Brisbane’s 132 suburbs declined by 1.7% over the September quarter, according to the Real Estate Institute of Queensland, falling from $440,000 to $427,500 over the three-month period.

For the 12 months to September 2011, house prices are down 4.3%, falling from a median of $460,000 in September 2010.

Due to the varying quality of stock and the varying quantity of new stock sold, there have been extreme fluctuations, with some suburbs recording  increases of more than 10% (including Ashgrove, Enoggera, McDowall) and others declining as much as 30% (Paddington).

Locality

Median Sale Sep11

Qtrly
change

1yr
change

Brisbane (SD)

$        427,500

-1.7%

-4.3%

Brisbane (SD) ^

$        530,000

-3.6%

-5.1%

Brisbane CITY (LGA)

$        500,000

-2.0%

-3.7%

Brisbane CITY (LGA) ^ ~

$    1,005,000

10.1%

-12.8%

CANNON HILL

N/A

N/A

-5.5%

ALDERLEY ~

$        610,000

-14.7%

11.2%

ALGESTER

$        390,500

-1.6%

-3.2%

ANNERLEY

$        505,250

-5.2%

-4.5%

ASCOT ~

$    1,360,000

N/A

-14.8%

Ashgrove ~

$        725,000

13.3%

1.1%

ASPLEY

$        475,000

8.0%

-1.7%

AUCHENFLOWER

N/A

N/A

2.5%

BALD HILLS

$        325,000

-4.4%

-5.6%

BALMORAL

$        672,500

N/A

-8.9%

BANYO ~

$        445,000

11.3%

-3.5%

BARDON

$        745,400

5.0%

-7.6%

BELLBOWRIE

N/A

N/A

-3.6%

BELMONT

N/A

N/A

-4.1%

BOONDALL

$        396,000

-3.4%

-4.7%

CANNON HILL

$        400,000

3.9%

-4.7%

CANNON HILL ~

$        668,000

-12.1%

-2.8%

BRIGHTON

$        390,000

-3.7%

-5.5%

BULIMBA ~

$        737,500

-11.9%

1.1%

CALAMVALE ~

$        456,500

-12.2%

-8.6%

CANNON HILL

$        587,000

-6.8%

-7.2%

CANNON HILL

$        620,000

N/A

-0.9%

CARINA

$        492,000

7.0%

-6.4%

CANNON HILL

N/A

N/A

-8.5%

CARINDALE

$        650,000

-6.5%

-1.1%

CARSELDINE ~

$        485,000

-7.6%

-6.6%

CHAPEL HILL ~

$        535,000

-21.7%

-2.5%

CHELMER ~

N/A

N/A

-12.4%

Chermside

$        533,850

N/A

-1.9%

CANNON HILL

$        450,000

5.0%

-2.6%

CLAYFIELD ~

N/A

N/A

-6.4%

CANNON HILL ~

$        400,000

-10.3%

1.0%

COORPAROO ~

$        580,000

-9.4%

-1.1%

CORINDA ~

N/A

N/A

-12.8%

DARRA

N/A

N/A

-1.6%

DEAGON

$        360,000

5.5%

-8.9%

DOOLANDELLA *

$        337,500

-20.1%

1.9%

DREWVALE

$        460,250

N/A

-3.7%

DURACK

N/A

N/A

1.8%

CANNON HILL ~

$        580,000

N/A

-11.1%

CANNON HILL ~

$        525,000

-12.7%

-6.3%

Enoggera ~

$        575,750

12.0%

1.8%

CANNON HILL

$        479,500

7.8%

1.7%

FAIRFIELD

N/A

N/A

-0.9%

CANNON HILL ~

$        482,500

-8.6%

-4.6%

FIG TREE POCKET ~

$        526,500

N/A

13.4%

FITZGIBBON

$        405,000

N/A

-2.0%

FOREST LAKE

$        384,000

3.8%

-5.9%

GEEBUNG ~

$        395,000

N/A

-12.2%

CANNON HILL

$        611,000

N/A

4.8%

GRACEVILLE ~

$        637,500

-17.2%

-3.1%

GRANGE ~

N/A

N/A

-1.3%

GREENSLOPES ~

$        558,000

8.0%

-10.2%

HAMILTON

N/A

N/A

5.0%

HAWTHORNE

N/A

N/A

-7.4%

HEMMANT

$        394,575

N/A

-5.2%

HENDRA

$        700,000

-6.7%

3.1%

CANNON HILL

N/A

N/A

-2.6%

CANNON HILL

$        509,990

-3.4%

-4.5%

CANNON HILL

$        486,500

-5.1%

-2.2%

INALA

$        281,500

-1.2%

-7.9%

Indooroopilly

$        735,000

6.5%

9.0%

JAMBOREE HEIGHTS

N/A

N/A

-8.0%

JINDALEE

N/A

N/A

-1.9%

KARANA DOWNS ^

N/A

N/A

-8.7%

KEDRON

$        556,500

8.1%

2.4%

CANNON HILL

N/A

N/A

2.4%

Kenmore ~

$        486,000

-11.6%

-8.0%

KEPERRA

$        428,000

-2.7%

0.0%

KURABY

$        560,000

2.2%

-1.1%

LOTA

N/A

N/A

1.0%

MACGREGOR

$        550,000

0.4%

0.9%

MANLY ~

N/A

N/A

-19.6%

CANNON HILL

$        460,000

-2.3%

-5.1%

MANSFIELD

$        450,000

-2.2%

-2.2%

McDowall ~

$        584,000

11.2%

2.7%

MIDDLE PARK

N/A

N/A

-1.8%

MITCHELTON

$        490,000

-3.4%

-1.7%

MOGGILL

N/A

N/A

-4.1%

MOOROOKA

$        455,000

-6.2%

-4.0%

MORNINGSIDE

$        525,000

-6.3%

-7.7%

CANNON HILL

N/A

N/A

-5.5%

CANNON HILL

$        457,000

4.6%

-2.7%

MURARRIE * ~

N/A

N/A

-13.1%

CANNON HILL ~

N/A

N/A

23.5%

NEWMARKET

N/A

N/A

-7.2%

CANNON HILL

$        624,000

-6.2%

0.8%

NORTHGATE

$        560,000

N/A

0.5%

NUDGEE

N/A

N/A

1.8%

NUNDAH

$        475,600

N/A

-3.1%

OXLEY

$        425,000

-1.8%

-3.9%

PADDINGTON ~

$        742,500

-31.9%

-5.2%

PARKINSON

$        467,500

-3.0%

-4.9%

PULLENVALE ^

N/A

N/A

-4.6%

RED HILL ~

$        615,000

-10.5%

-3.3%

RIVERHILLS

N/A

N/A

-5.0%

ROBERTSON

$        637,500

N/A

-9.1%

ROCKLEA ~

$        236,000

N/A

-23.9%

RUNCORN

$        435,000

1.8%

0.0%

SALISBURY

$        430,000

4.9%

-4.2%

SANDGATE

$        525,000

-0.3%

1.0%

SEVEN HILLS

N/A

N/A

7.3%

SEVENTEEN MILE ROCKS

N/A

N/A

8.6%

SHERWOOD

N/A

N/A

6.3%

SINNAMON PARK ~

$        650,500

28.8%

-7.0%

CANNON HILL

N/A

N/A

5.3%

STAFFORD

$        432,500

2.6%

-5.4%

STAFFORD HEIGHTS ~

$        490,000

11.4%

-4.2%

STRETTON

N/A

N/A

7.2%

SUNNYBANK ~

$        465,000

-9.9%

-4.1%

CANNON HILL

$        463,500

-5.4%

-5.9%

TAIGUM

N/A

N/A

-4.8%

Taringa ~

$        595,000

-10.3%

-15.0%

TARRAGINDI ~

$        544,500

-8.0%

-5.3%

THE GAP ~

$        530,000

-9.6%

-5.5%

TINGALPA ~

$        405,000

-12.9%

-3.0%

TOOWONG

$        645,500

N/A

-6.3%

UPPER KEDRON

$        595,000

N/A

0.9%

CANNON HILL ~

$        550,000

13.4%

2.4%

VIRGINIA

N/A

N/A

7.6%

WAKERLEY

$        630,000

0.0%

-0.2%

WAVELL HEIGHTS

$        537,000

-2.6%

1.8%

WEST END ~

$        703,000

N/A

-14.2%

WESTLAKE

$        745,000

N/A

-3.2%

WILSTON ~

N/A

N/A

-14.8%

WINDSOR

N/A

N/A

-2.6%

WISHART ~

$        519,000

-7.3%

-7.9%

Woolloongabba

N/A

N/A

-4.1%

WOOLOOWIN ~

$        601,000

-16.6%

6.3%

WYNNUM ~

$        462,500

-12.1%

-6.6%

CANNON HILL

$        410,000

2.5%

-7.2%

YERONGA

N/A

N/A

-0.7%

ZILLMERE

$        355,000

-4.8%

-9.9%

^ Denotes acreage sales - on land size greater than 2,400m2. All other house and land sale statistics are based on land size under 2,400m2

Brisbane (SD)– Brisbane Statistical Division which includes the LGA's of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City.

~ Medians affected by varying quality of stock sold

* Medians affected by varying quantities of new properties sold

f Medians affected by varying numbers of waterfront properties sold

M Sales volumes and medians affected by mining company sales

+ Due to the nature of properties in this suburb, some group titled property sales have been included

 

Source: Real Estate Institute of Queensland

 

 


Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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