Paddington tops list of Brisbane unit hotspots

Paddington takes the top spot on a new list of Brisbane's 2016/2017 hotspot for investing in units, developed by APM senior economist, Dr Andrew Wilson.

The median unit price at Paddington is $562,500 with an expected increase of 4% over the next 12 months, according to APM's forecast.

An example would be a two bedroom unit at 3/43 Fernberg Road (above) that was sold for $595,000 – $32,500 above the median price.

The Smart Investor magazine, published by Fairfax Media, ranked Lutwyche as one of several suburbs in the second rung of best hotspots.

Suburb               Postcode            Median price         12 month forecast

Paddington         4064                  $562,500                           4%

Lutwyche           4030                  $481,000                           3%

Kedron              4031                   $455,000                          3%

Holland Park      4121                   $486,000                          3%

Windsor            4030                   $470,000                          3%

Sherwood          4075                   $450,000                         3%

Bellara              4507                   $285,000                          2%

WOOLOOWIN        4030                   $470,000                          2%

HAWTHORNE        4171                   $559,500                          2%

GAYTHORNE        4051                    $441,500                         2%