Redcliffe takes top spot as Queensland's fastest growing suburb for units: Investar
Staff reporterNovember 1, 2016
Redcliffe ranks among the highest Queensland suburb for the fastest growing suburb to purchase a unit, according to Investar’s latest market report.
The property investment firm states that Redcliffe has grown by 42% in one year. It does appear overly high.
This is followed by Labrador with a growth of 25% and Varsity Lakes with a growth of 19%.
Suburb | Bedrooms | Median listing price | 1 year change |
Redcliffe | 3 | $647,000 | 42% |
Labrador | Studio and 1 | $320,000 | 25% |
Varsity Lakes | 3 | $537,000 | 19% |
Bargara | 3 | $580,000 | 16% |
3 | $747,000 | 15% |
A three bedroom apartment at 39/17 Marine Parade (above) is for sale for $649,000.
It previously traded for $420,000 in 2012, showing a 10.99 percent price growth.
