Cheap Units in Brisbane Suburbs

According to the June Domain House Price Report, the median unit price is just under $ 400,000 in twelve suburbs of Brisbane.

Ten of these 12 suburbs are in the downtown core, according to the report.

Bowen Hills, Fortitude Valley, Albion, and Spring Hills are all less than two miles from the Brisbane CBD. The median unit prices in these suburbs are less than $ 400,000, according to the figures.

According to the report, Brisbane East, Coorparoo, Clayfield, Nundah, Taringa and Kedron also offer some of the least expensive unit values ​​in Brisbane.

Bowen Hills is the cheapest suburb to buy a unit, with prices down 13.7% in the last 12 months, according to the numbers.

Here are the cheapest suburbs of Brisbane to buy units by median price, according to the field:

Suburbs

Median Price

Year-over-year growth

Growth in% over five years

Bowen Hills

$ 362,500

-13.70%

-18.80%

Runcorn

$ 368,250

4.80%

-11.60%

Richlands

$ 370,000

-2.00%

9.50%

Clayfield

$ 375,000

4.20%

-2.10%

East Brisbane

$ 378,000

-7.40%

-5.50%

Coorparoo

$ 382,000

-7.70%

-2.30%

Nundah

$ 385,000

-6.70%

-6.10%

Taringa

$ 385,000

-14.40%

-4.90%

Kedron

$ 387,000

-3.30%

6.30%

Valley of the Fortitude

$ 392,000

-6.80%

-8.90%

Albion

$ 397,500

-10.00%

-10.70%

Spring Hill

$ 398,000

-8.50%

-2.70%

Source: Field

According to the report, in the Brisbane metropolitan area, the median unit price decreased 8.6% from one year to the next until June.

Unit prices in the capital are at "2013 levels", a figure below their record level of 2015, according to Eliza Owen, a research analyst at the field.

However, prices are expected to melt this year with the end of the slowdown in the unit segment, Owen said.

"The lists of units are also moderating, which should reduce the downward pressure on prices," she said.

Top suburbs:

Thebarton

,

Narara

,

Dulwich Hill

,

alexandria

,

Leumeah

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