Alderley emerges as the highest performing Brisbane suburb
New data from Domain has shown Alderley at the top spot for the highest performing Brisbane suburb over the past year.
Alderley has also achieved the largest price increase of any Brisbane suburb, with an annual change of 25.1%, outshining inner-city suburbs like New Farm and West End.
With the median price for a unit in Alderley at $557,750 and situated 5.4km from the city, the suburb is becoming a prime location for home buyers and investors alike, either looking to upgrade or wanting to get their foot on the property market ladder for the first time.
Domain suggests tight supply with high demand is the driving force for the strong price growth. Contributing to the demand is Queensland’s recent population growth as well as consumers looking toward city convenience and apartment-style living to fight cost of living pressures.
Securing a number one spot is not a first for the inner north suburb, which was previously voted as Brisbane’s most liveable suburb according to Domain in 2019.
The average resident of Alderley is 20 – 39 years old, which is no surprise thanks to the suburb’s emerging café culture and proximity to schools, the Brisbane CBD and public transport, making it a destination for those looking for a city lifestyle or for a future-proof location.
Combining convenience and lifestyle, Brickworks Park is just minutes from the city and close to schools, shopping and dining. Located on the site of a historic Brisbane brickworks, train stations, shopping and cafes are within walking distance, as well as resident access to first-class amenities within the community.
Only a small selection of homes remain in the current release at Brickworks Park, so enquire today or call 1800 861 868 to secure your spot in Brisbane’s top performing suburb.