A local park in Tarragindi, Brisbane.
March quarter 2010 house prices
Most don’t have the beaches of Surfers Paradise or Mooloolaba to define them; nor are they favoured by first home buyers for their affordability, but new research by the Real Estate Institute of Queensland (REIQ) has found that suburbs which rarely feature in hot spot lists are quietly achieving solid returns for the families that traditionally live there.
“Most of these middle-of-the-range suburbs are particularly popular with families and are often the suburbs that young buyers transition to after their first home,” REIQ managing director Dan Molloy said.
“Brisbane suburbs such as Nudgee, Seventeen Mile Rocks or Holland Park, don’t usually receive much time in the limelight or on the front pages, but for the families that live there they often provide all they need for schools, access to transport, shops, as well as moderately priced housing and healthy price growth.”
South East Queensland's family friendly suburbs
In South East Queensland, Brisbane’s number one quiet achiever was Nudgee, up 65 per cent to $472,500.
On the Gold Coast it was Mudgeeraba, up 35 per cent to $475,000; on the Sunshine Coast it was the Glass House Mountains, up 45 per cent to $435,000 over the five years ending March 2010.
Brisbane's family friendly suburbs
Take a look at what’s happening in these popular family suburbs. Find local events and markets, your closest parks, precincts and restaurants along with the latest information on living in these 'quiet achieving' Brisbabe suburbs.
| Locality | Median 12 months to end of Mar 2010 | Median 12 months to end of Mar 2005 | Change over 5yrs |
|---|---|---|---|
| Brisbane City (LGA) | |||
| Nudgee | $472,500 | $285,000 | 65.8% |
| Seventeen Mile Rocks ~ | $506,000 | $327,250 | 54.6% |
| Holland Park | $515,000 | $340,000 | 51.5% |
| Mitchelton | $505,000 | $334,000 | 51.2% |
| Tarragindi | $550,000 | $365,000 | 50.7% |
