Median prices in Brisbane's suburbs could rise over the next three years, according to a study by the Residential Property Research Group (SRP).
Prices in the suburbs of Red Hill and Keperra are expected to increase by 25% over the next three years, according to SRP's director of research, Jeremy Sheppard.
"Red Hill and Keperra were the winners of the forecast growth over the period, with median house prices rising by about $ 215,000 and $ 130,000, respectively," Sheppard said.
Red Hill has a median price of $ 851,016, while Keperra has a more affordable median value of $ 535,195, according to the study.
According to research, Mount Gravatt and Rochedale South would also record a 24% price increase by 2022, alongside Arana Hills. The median price of real estate in the three suburbs is less than $ 635,000, according to the SRP.
SRP also chose Morningside, Chermside West and Tingalpa as having high growth potential.
The research reflects forecasts by BIS Oxford Economics for a 20% price increase in Brisbane over the next three years, exceeding those of Sydney and Melbourne.
Top suburbs:
Penrith
,
Cardiff South
,
month-end
,
tweed is heading south
,
West Wodonga
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