With so much talk of struggling real estate markets in Australia, Brisbane is holding its own with impressive growth and stability.
Our year-on year demand is up 5.9 percent, with our top five growth suburbs achieving price increases of more than 15 percent over the past 12 months. Now, the numbers are all fair and well, but what makes these the best suburbs to live in Brisbane? Why are they so in demand, and does this necessarily mean they’re right for you?
We’ve compiled a simple break-down of the three components that we believe can make or break a suburb: the neighbours, lifestyle, and of course, homes.
The neighbours: East Brisbane is a particular favourite amongst students for its convenience to the CBD and Universities. While also meeting the needs of young-professionals, the next primary demographic found in East Brisbane is older singles over the age of 50. Known for its diverse and friendly mix of residents, East Brisbane has something for everyone.
The lifestyle: With a multitude of public transport offerings, waterfront parks and proximity to the CBD, East Brisbane is full of practical convenience. Home to great restaurants and safe streets, the trendy suburb has an eclectic community spirit. The only con is the peak hour traffic that can build up along Lytton road.
The homes: Its riverfront location lends this suburb some of Brisbane’s most spectacular waterfront property. You’ll also find newly-developed apartments and contemporary homes, along with older post-war cottages.
The neighbours: Located close to the University of Queensland, Indooroopilly is popular with both its students and professionals alike. Following from this as the primary demographic, the suburb is home to older couples and families, who take residence in its spectacular river-front estates.
The lifestyle: Home to one of Brisbane’s largest shopping centres, along with two major cinema complexes, Indooroopilly is entertainment central. To the south of the suburb, you’ll find a sub-tropical neighbourhood with a unique community feel. If you’re looking for wide open spaces and greener pastures, Indooroopilly provides the fresh suburban air you’ve been looking for.
The homes: Located along the Brisbane river, Indooroopilly’s homes offer a lifestyle away from the hustle and bustle. Heritage pre-war and Queenslander homes are found throughout the suburbs’ jacaranda-lined streets, while detached houses and apartment blocks can be found nearer the train line.
The neighbours: Students and young-professionals have taken a shine to this urban suburb, due to its convenience to the CBD and local bar and night-life. You’ll also find established families taking residence in the many generous contemporary homes Paddington has to offer.
The lifestyle: Perfect for weekend strolls along tree-lined streets to your favourite coffee spot, Paddington is full of healthy café’s and leafy avenues. If you fancy an evening drink, enjoy a glass of wine at one of the suburbs infamous Italian restaurants. Home to Brisbane’s Suncorp stadium, you can live in walking distance to your favourite sports teams or catch a concert without the parking-drama.
The homes: Full of traditional heritage, Paddington is home to expansive Queenslanders with wide verandahs, renovated workers cottages, and intricate modern builds. Paddington is iconic for its vintage charms, cosy cottages and hilly streets, providing some of the best city views Brisbane has to offer.
The neighbours: Holland Park is the first of our top 5 suburbs home to an older demographic, with established couples and families aged over 45 making up its primary residents. Along with its family friendliness, it’s also one of Brisbane’s most loved suburbs for older families over 55.
The lifestyle: Home to great parks and high schools, yet in equal distance between both Carindale, Garden City and Mount Gravatt shopping centres, Holland Park provides the best of both worlds. There’s something for all the family, being located near Griffith University, sought after public and private schools, and convenient public transport to the city.
The homes: You’ll find a mix of both old Queenslanders and post-war timber homes, perfect for the ultimate renovation project to mould as you wish. Set on large blocks of land and wide, green avenues, the suburb is a gem for family homes.
The neighbours: The ultimate relaxed, safe, and friendly suburb, Wilston is extremely popular with both young and established families. Therefore, the suburb’s top three demographics all consist of couples and families between the ages of 35-65. You’ll find working professionals who have settled down in Brisbane’s greener pastures with their growing families.
The lifestyle: Full of picture-perfect clean, leafy avenues, Wilston has a white picket fence, village feel. Located in a unique pocket between several of Brisbane’s more well-known suburbs, Wilston is an easy-going lifestyle opportunity.
The homes: Full of character Queenslander homes and heritage listed properties, Wilston has generous plot sizes and has experienced little subdivision or apartment construction.
Brisbane’s most in demand suburbs all come with considerable lifestyle opportunities, which make them some of the best suburbs in Brisbane. However, they all have minor differences that can play a large role in whether the suburb is the right choice for you. If you would like more information on any of the suburbs featured in this article, get in touch with a Place New Farm agent today.