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Property market and real estate in North Brisbane & City

North Brisbane is known for its vibrant urban lifestyle and diverse suburbs. It offers a wide range of living experiences. From the bustling streets of its inner city suburbs to its more tranquil neighbourhoods, this region caters to a variety of preferences and needs.


 

North Brisbane property market performance

North Brisbane's property market has exhibited nuanced trends over the past year, with houses experiencing a modest decline in value at -0.57%, while units have seen a notable upswing with a positive change of 6.38%. The median price for houses in the last month stands at $973,750, underlining the region's attractiveness for potential homeowners. On the other hand, units present an affordable option with a median price of $535,000.

For those considering rental opportunities, the average rent for houses has been stable at $634 over the past 12 months, offering a reasonable proposition for tenants. Meanwhile, units, with an average rent of $554, provide a cost-effective alternative in the rental market.

This dynamic mix of property market performance showcases North Brisbane's resilience and adaptability, catering to both homebuyers and renters with a diverse range of options.

Change in value - houses-0.57%12 months

Change in value - units6.38%12 months

Median price - houses$973,750Past month

Median price - units$535,000Past month

Average rent - houses$634 per week12 months

Average rent - units$554 per week12 months

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Find and compare top agents in North Brisbane

Choosing the right North Brisbane real estate agent is crucial as the market can vary greatly from suburb to suburb. While the area boasts a range of experienced agents who are well-versed with its market trends, it's important to find the right one with a demonstrated history of selling properties just like yours. Great local agents in North Brisbane will be able to offer invaluable insights and assistance, helping you to navigate the market effectively, whether for investment or residential purposes.

Popular suburbs in North Brisbane

  • Suburbs around Kedron and Wavell Heights offer good access to Brisbane's CBD, as well as good links to other areas across the city. 
  • Carseldine, Bracken Ridge and Fitzgibbon are popular for both liveability and affordability. 
  • Everton Park, Everton Hills and New Farm are beautiful suburbs, however, you may get less bang for your buck as median prices tend to be a little higher in these locales. 
  • Newstead is a cosy but trendy suburb with plenty of green space and tree-lined streets. It has great access to the city, but still retains a suburban feel making it popular for young professionals and families. 
  • Zillmere is one to watch. It has become a popular suburb for those looking to purchase their first homes, due to its relative affordability, proximity to Chermside, and access to restaurants, parks, shopping and other amenities.

Common questions about North Brisbane

  • What are the safest suburbs in North Brisbane?

    Some of the safer suburbs in North Brisbane are also considered to be some of the more family-friendly suburbs. They generally boast a combination of good schools, parks, recreational facilities and a welcoming community atmosphere.

    • Chermside: Known for its shopping precinct (Westfield Chermside), parks, and proximity to various amenities. It has good schools and is well-connected by public transport.
    • Aspley: Offers a mix of housing options, schools, and parks. It's a suburb that has been popular among families for its community feel.
    • Kedron: Situated close to schools, parks, and the Kedron Brook Bikeway, providing recreational opportunities for families.
    • Wavell Heights: A residential suburb with parks, schools, and easy access to shopping and dining options.
    • Wilston: Known for its leafy streets, good schools, and a range of amenities. It has a relaxed atmosphere and is not far from the city.
    • Stafford: A suburb with a mix of housing options, schools, and parks. It has been popular among families for its convenience.
    • McDowall: Offers a suburban feel with parks, good schools, and a range of amenities catering to families.
    • Ferny Hills: Known for its green spaces, it provides a more relaxed suburban lifestyle while still being close to essential services.

    Generally suburbs in North Brisbane, like in many places, will have variations in safety levels. Some suburbs are known for their family-friendly environment, low crime rates, and good community infrastructure, making them relatively safer. It's advisable to consider factors such as local crime rates, community services, and public amenities when evaluating the safety of a particular suburb.

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  • Is North Brisbane expensive?

    Overall, North Brisbane is known for offering a mix of housing options, from more affordable suburbs to those with higher-end properties. Factors influencing the cost of living include housing prices, transportation, education, and general living expenses. Unsurprisingly, you can expect that suburbs that are within closer proximity to the city will tend to be on the higher end in terms of cost.

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