ALDERLEY TICKS ALL THE BOXES FOR BUYERS
With property in Alderley performing well after the Global Financial Crisis (GFC), the suburb is tipped to be one of Brisbane’s top 5 ‘recession-roof’ suburbs and likely to continue experiencing growth.
According to data from realestate.com.au, Alderley is a high demand market with more than 1,350 visits per property listing, much higher than the state average of 577. There are a number of lifestyle and convenience factors that attract buyers to Alderley however it’s the favourable market conditions that cause investors to seek property in the popular suburb.
In the three years leading up to December 2011, after the GFC, median house prices in Alderley rose by more than 9 per cent according to data by CoreLogic. Units in Alderley also continue to experience favourable growth with values rising by 12% this past year.
According to Domain, the median house price in Alderley was $860,000 in 2018, up 56.9% from $548,000 in 2008, making it one of the top 15 fasting growing suburbs in Brisbane.
But Alderley is much more than just a good investment with residents calling it “Brisbane’s best kept secret”, at least until late 2019 when it was named Brisbane’s most liveable suburb.
The suburb is popular with a diverse range of buyer types thanks to its proximity to the CBD while still retaining its leafy, quiet and family-friendly atmosphere. Independent youth are the most popular residents, followed by established couples and families.
More than just a good investment
Rising demand for homes in Alderley have placed the suburb at the top of the list for predicted property growth in Brisbane’s north, according to leading national property analysts.
But what makes Alderley such a desirable suburb for both owner-occupiers and investors?
Offering a great mix of beautifully renovated character homes, a tight knit community vibe and leafy tree-lined streets just 5km north of the Brisbane CBD, Alderley is sought-after for its lifestyle just as much as for its market growth.
With low levels of crime, great access to public transport, walkability, open space, a variety of schools within the catchment, tree cover and natural typography, Alderley ticks all the boxes for residents.
One quick look on suburb review website homely and it’s clear to see that the love for Alderley is real with some residents calling it “The best of many worlds”, “Great place to live and invest” and even saying “We should have moved here sooner”.
Alderley is home to a number of parks including Sedgley Park that boasts 5.5 hectares of open space and Kedron Brook that offers extensive walking trails, perfect for your four-legged friend.
Commuting is also made easy with Alderley, Enoggera and Newmarket train stations all within walking distance and bus routes that connect you directly to the city in under 15 minutes.
There’s never been a better time to find your perfect home or investment in Alderley.
To learn more about Brickworks Park, Alderley’s new urban neighbourhood, contact us today.