The hottest Brisbane suburbs for buyers

first_imgFOR SALE 47 KURRAJONG CIRCUIT NORTH LAKESMr Power said there was no sign of a slow down, with new homes still being built in North Lakes, and estates continuing to be developed in the nearby suburbs.He said new and existing infrastructure were huge drawcards for families, upsizers and downsizers, and the over 50s.“We see people moving within North Lakes, some are on their fourth house,” he said. “Once they are here, they don’t want to leave.“And we are seeing a lot of inquiry from people just outside of North Lakes, other parts of Brisbane, and interstate, particularly from NSW and Victoria.”North Lakes has become a ‘destination suburb’, with visitors drawn to North Lakes for its retail and amenities. Earlier this year. Stockland regional manager described North Lakes as “one of the state’s greatest success stories, growing from a small community to a premium destination”.It is home to its own Westfield shopping centre, Myer, Ikea and Costco.And it will soon be home to another major attraction — Laguna, a lifestyle precinct that will include a public swimming lagoon, 2000sq m of health and wellness facilities, a 1500sq m resort-style bar and restaurant, a retail precinct, a 140-room hotel, and office space.Laguna is being developed by joint venturers Pointcorp and The George Group, with construction due to start next year. The latest CoreLogic data shows that 468 properties sold in North Lakes in the 12 months to September, with the median house sales price coming in at $487,500.A search of found 28 houses on the market in North Lakes between $450,000 and $500,000.The cheapest house was listed for offers over $367,000, with the most expensive house listed on the market for offers over $1.65 million. “I am not surprised (by the numbers) … we are flat out, and booked 16 sales (as of December 20) this month alone,” he said.“Our office has 2168 active buyers looking for a property just in North Lakes alone.” FOR SALE: 16 KENNEDY CT NORTH LAKES Westfield North Lakes A SUBURB that was only declared 12 years ago was the most searched suburb for properties in Brisbane in 2018.North Lakes, which was part of Mango Hill until 2006, was the top suburb searched by househunters in the Brisbane Greater Region between January 1 and November 18, according to total of 175,341 searches for properties at North Lakes were recorded during that time, with Redcliffe coming in a close second at 175,188.North Lakes, which continues to be developed by Stockland, was also one of the state’s top selling suburbs, taking out ninth spot with 455 sales.Coronis North Lakes agent Michael Power is currently marketing 47 Kurrajong Circuit, a four-bedroom house on the market for offers over $768,000. Laguna North Lakes Ray White North Lakes principal Darren Suhle is currently marketing the most expensive house in North Lakes, an “architectural masterpiece” at 16 Kennedy Court on a 832 sqm block. He said the whole area, not just North Lakes, was thriving, with lost of inquiries from people looking to move in to the area since the train line opened. SUBURB/SEARCHES(January to November 2018)1. NORTH LAKES – 175,3412. REDCLIFFE – 175,1883. NEW FARM – 174,8454. COORPAROO – 171,2315. THE GAP – 158,4496. CARINDALE – 154,4527. INDOOROOPILLY154,0598. WEST END142,1899. FOREST LAKE136,32010. CLEVELAND134,59111. NARANGBA132,87412. PADDINGTON129,60813. ASHGROVE129,09314. WYNNUM126,77415. CABOOLTURE121,94016. SPRINGFIELD LAKES121,16417. TOOWONG114,50618. IPSWICH113,19219. CAMP HILL107,25020. ALBANY CREEK107,247Source: 16 Kennedy St at North Lakes is on the market for offers over $1.65 millionMore from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoBut the nearby suburbs of Redcliffe (2nd) and Narangba (11th) have also attracted huge interest from buyers this year, with new and planned infrastructure in the Moreton Bay region, one of the fastest growing areas in the country, a big plus.In 2016, the Redcliffe Peninsula train line opened, with stops at Petrie, Kallangur, Murrumba Downs, Mango Hill, Kinsellas Rd, Rothwell and Kippa-Ring, and running in to the city.New residential developments are springing up, including Amity (Pointcorp) at Narangba, Promenade (Stockland) at Rothwell and Newport (Stockland) at Redcliffe, to name a few.Elsewhere in Brisbane, the prestige suburb of New Farm continues to rank highly in searches, taking out third spot with 174,845 hits.Coorparoo (171,231) and The Gap (158,449) rounded out the top 5.Nationally, Surfers Paradise was the seventh most searched Australian suburb (267,709), while Buderim was in 19th spot with 229,412 hits, according to*** TOP 20 MOST SEARCHED SUBURBS IN BRISBANE (GREATER REGION) IN 2018 last_img read more