Best Suburbs to Buy a House in Brisbane

Table of contents

Get a gratis holding written report

Encounter how much yous'll save by switching over to :Dissimilar.

Learn how

If you've got your eyes assail the Australian property market place yous'll exist spoilt for selection on investment opportunities in 2022.

Despite gloomy forecasts due to the pandemic, the property marketplace in Australia has held incredibly stiff. That being said, the holding market is seeing a shift in terms of suburb growth.

While urban units close to the CBD in major cities have dominated in the past, experts are predicting that the next decade will be heavily affected past a regional shift in the belongings market in Commonwealth of australia.

That's why you'll run across that the best suburbs to invest in Australia for 2022 are all the same in the regional areas of major cities. What's more, is that units have fallen out of favour for buyers and renters who would at present rather live in spacious houses, by and large due to the work-from-home tendency.

Then, what are the best suburbs to invest in Australia right at present?

We've researched what the information and the belongings experts are saying, and have derived a list of the top suburbs to invest in Commonwealth of australia across all major cities.

Equally ever, these suburbs are in no particular order and is not a definitive listing. In that location are ever lots of other great options out there for yous to invest in, such as considering what you want from your investment home or if you are seeking positively geared suburbs to invest in. You should do your own inquiry and speak to a financial advisor about the correct move for you before investing in property.

Where to buy an investment belongings?

Australia has always had a reputation for being a market with relative fluctuation and often seeing rise prices and valuations, fifty-fifty if in a pandemic. So where to buy an investment property in Australia? Here are some of the growth suburbs in Australia to look into.

Some of the best suburbs to buy an investment property in Australia

Sydney	Melbourne	Brisbane	Adelaide	Perth
Bardwell Park Fairlight	Brunswick Due east Craigieburn	Carina Heights Ashgrove	Blackwood Tennyson	Largs Bay Port Elliot

Let'due south look into each city and help you discover the best suburb to invest in Commonwealth of australia!

Download free guide: How to research what tenants desire

Free checklist with all the questions you should ask when you're researching your next investment property. Make certain you're buying a product catered to your future customers - local tenants.

Go Free Guide

Sydney

Property experts are predicting a seven-11% growth rate in Sydney. But, while there are enough of Sydney growth suburbs, the Sydney property market is still home to some of the most expensive properties on this list.

Some of the all-time suburbs to invest in Sydney 2022 are:

Narrabeen
Collaroy
Bardwell Park
Fairlight
Cronulla
Petersham
Bexley

We'll requite you a snapshot of each Sydney growth suburb, but if y'all desire a more in-depth view of the Sydney property market place, read our article on the all-time suburbs to invest in Sydney 2022.

i. Narrabeen and Collaroy

While the capital requirement to invest here is extremely loftier, they've got signs of growth left, right and centre and present a bully investment opportunity in the Sydney property marketplace.

Median firm price Narrabeen: $ii,300,000 for houses, $952,500 for units
Median house price Collaroy: $two,580,000 for houses, $915,000 for units
Average rental yield Narrabeen: 2.0% for houses and 3.3% for units
Average rental yield Collaroy: ii.4% for houses and three.4% for units
five-yr chemical compound growth rate for Narrabeen: five.0% for houses and three.9% for units
five-year compound growth rate for Collaroy: 6.iii% for houses and iv.4% for units

2. Bardwell Park

Bardwell Park sits in a high demand market and you'll likely meet very good for you growth on your belongings if yous were to invest in a firm hither.

Median house price Bardwell Park: $ane,400,000 for houses
Average rental yield Bardwell Park: 2.4% for houses
v-twelvemonth compound growth rate for Bardwell Park: one.5% for houses

3. Fairlight

Fairlight is one of the few suburbs where a unit of measurement still looks like a good buy, so it nevertheless shows hope as a pinnacle growth suburb in Sydney.

Median house cost Fairlight: $2,525,000 for houses, $1,463,000 for units
Average rental yield Fairlight: 2.3% for houses and 2.5% for units
5-twelvemonth compound growth charge per unit for Fairlight: six.2% for houses and 7.3% for units

4. Cronulla

Cronulla is a peachy suburb for residents who want a seaside neighbourhood, and so a property hither lets you access a key tenant demographic for a consequent income and strong capital growth for houses.

Median house toll Cronulla: $2,350,000 for houses, $810,000 for units
Boilerplate rental yield Cronulla: 1.9% for houses and three.2% for units
5-year compound growth rate for Cronulla: 5.v% for houses and two.9% for units

5. Petersham

Petersham is a bang-up investment opportunity if y'all're trying to avoid putting all your eggs in the regional Sydney belongings marketplace 'handbasket'.

Median firm price Petersham: $1,675,000 for houses, $750,000 for units
Boilerplate rental yield Petersham: 2.iii% for houses and three.one% for units
5-year chemical compound growth rate for Petersham: 4.9% for houses and ii.three% for units

6. Bexley

If you're looking for a more affordable investment property that nevertheless boasts high growth rates, Bexley is a good choice.

Median house price Bexley: $1,240,000 for houses, $660,000 for units
Average rental yield Bexley: 2.5% for houses and 3.4% for units
5-year compound growth charge per unit for Bexley: 2.iv% for houses and -0.1% for units

Read our in-depth breakdown of growth suburbs in Sydney

Understand non just which suburbs are growing, just why they are growing. Get our height selection recommendations based on which type of investor you lot are.

Melbourne

2021 brought an 8-12% growth rate for properties in Melbourne according to experts.

Melbourne's property market follows the same story as Sydney growth suburbs. The suburbs that are seeing growth in Melbourne are typically located away from the CBD and are populated with spacious houses in relaxed residential areas.

Some of the best suburbs to invest in Melbourne 2022 are:

McCrae
Sunbury
Melton
Mountain Martha
Seaford
Brunswick E
Craigieburn

1. McCrae

McCrae boasts a small-scale rental yield but the growth rate for houses is really why this Melbourne growth suburb has such appeal. It'south a strong selection equally long every bit you believe in the regional trend.

Median firm price McCrae: $1,000,000 for houses, $582,500 for units
Boilerplate rental yield McCrae: 2.3% for houses and four.0% for units
5-twelvemonth chemical compound growth rate for McCrae: 10.eight% for houses and three.5% for units

2. Sunbury

The only real issue is that this suburb (Sunbury) has get a flake over-hyped in the Melbourne property market. Y'all'll likely struggle to become your hands on a property here, and might be faced with tough bids.

Median house toll Sunbury: $575,000 for houses, $432,500 for units
Average rental yield Sunbury: 3.four% for houses and 4.three% for units
v year compound growth rate for Sunbury: 8.9% for houses and five.9% for units

3. Melton

Prices are quite depression in Melton, then information technology's a great option if you're on limited uppercase.

Median business firm price Melton: $391,250 for houses, $326,000 for units
Average rental yield Melton: 4.3% for houses and 4.8% for units
5-yr chemical compound growth charge per unit for Melton: 8.9% for houses and 7.ane% for units

4. Mountain Martha

This Melbourne growth suburb boasts very high growth rates, but rental yields are low in this growth suburb. It's a adept option if you lot've been looking to diversify your portfolio with more loftier-value investments.

Median house cost Mount Martha: $ane,125,000 for houses, $656,250 for units
Average rental yield Mount Martha: 2.7% for houses and 3.8% for units
5-yr chemical compound growth rate for Mountain Martha: viii.4% for houses and five.2% for units

v. Seaford

Seaford is another low-adventure, safe all-rounder suburb tipped for growth in the Melbourne holding market. Peradventure something to look towards if yous're struggling to get your hands on a property in Sunbury.

Median business firm price Seaford: $700,000 for houses, $527,112 for units
Average rental yield Seaford: three.1% for houses and 3.6% for units
five-year compound growth rate for Seaford: 8.two% for houses and five.vii% for units

6. Brunswick East

The median price of houses have climbed by 23.3% on a year-on-twelvemonth footing equally well, which is impressive considering how pricy they already are. If you can afford it, houses are a smashing option in Brunswick East, just nosotros would stay away from units.

Median firm price Brunswick East: $1,286,500 for houses, $508,200 for units
Average rental yield Brunswick East: 2.v% for houses and 4.2% for units
five-twelvemonth compound growth rate for Brunswick Eas: 7.9% for houses and -0.8% for units

7. Craigieburn

Growth rates are modest but the rental yield is stiff at iii.7% for houses and 4.8% for units and a 1.51% vacancy rate overall in Craigieburn. Since properties hither are cheap it's likely an easy and safe selection for a positively geared belongings.

Median house price Craigieburn: $564,000 for houses, $374,000 for units
Average rental yield Craigieburn: 3.7% for houses and iv.9% for units
5-year compound growth rate for Craigieburn: seven.8% for houses and ii% for units

Get our in-depth breakup of growth suburbs in Melbourne

Understand not just which suburbs are growing, simply why they are growing. Go our top selection recommendations based on which type of investor you lot are.

Brisbane

Brisbane has overtaken Sydney and Melbourne to become the city of inter-state migration. Some of the reasons why it became popular inside the Australian property marketplace is its lifestyle, dominicus-kissed outdoors and affordable properties.

Some of the best suburbs to invest in Brisbane for 2022 are:

Bardon
Graceville
Ashgrove
Carina Heights
Strathpine
Oxley
Kedron

1. Bardon

The high growth rates in Bardon are worth your attention, and you might score a great bargain since the suburb isn't too overhyped for investors.

Median house price Bardon: $i,170,000 for houses, $788,000 for units
Average rental yield Bardon: 2.viii% for houses and 2.vi% for units
5-year compound growth rate for Bardon: seven.iv% for houses and 5.8% for units

2. Graceville

This Brisbane growth suburb is likely to be a winner among families with children and students, eager to brand utilize of spacious homes with its own backyard and a serene temper to indulge in.

There'due south no wonder it has a 0.ix% vacancy rate and a 23% three-year forecasted growth rate. It's a great selection for high growth in the long term.

Median house price Graceville: $one,034,000 for houses, $450,000 for units
Average rental yield Graceville: 3.0% for houses and iv.five% for units
5-year compound growth rate for Graceville: 7.3% for houses and 2.1% for units

iii. Ashgrove

Great overall option if yous tin can beget information technology with high growth rates for houses, salubrious rental yields and a stable tenant market.

Median house cost Ashgrove: $one,150,000 for houses, $430,000 for units
Boilerplate rental yield Ashgrove: ii.seven% for houses and 4.8% for units
5-twelvemonth compound growth rate for Ashgrove: 7.0% for houses and -1.4% for units

4. Carina Heights

Getting your hands on a rental hither might be tricky since Carina Heights holds such a promising future, merely it truly is ane of the clear winners of the 2022 property marketplace in Brisbane.

Median business firm price Carina Heights: $747,500 for houses, $465,000 for units
Average rental yield Carina Heights: iii.three% for houses and 5.0% for units
5-year compound growth rate for Carina Heights: four.8% for houses and -0.6% for units

5. Strathpine

The house prices are on the everyman terminate of the spectrum and so if you're looking for low capital investments, Strathpine is likely to involvement you.

Median house cost Strathpine: $455,000 for houses, $272,000 for units
Average rental yield Strathpine: four.4% for houses and vi.1% for units
five year compound growth rate for Strathpine: 4.viii% for houses and 0.3% for units

six. Oxley

Growth rates are modest just house prices are about half of about other suburbs on this list.

Oxley is worth your attending if you're struggling to get your easily on a property in hyped-upwardly suburbs like Strathpine.

Median house price Strathpine: $455,000 for houses, $272,000 for units
Boilerplate rental yield Strathpine: iv.four% for houses and vi.1% for units
v year compound growth charge per unit for Strathpine: 4.8% for houses and 0.3% for units

7. Kedron

A expert, low-chance choice overall. You can await small-scale returns from an investment belongings in Kedron, but the rental yields and vacancy rates are quite healthy in this suburb (Kedron).

Median house price Kedron: $797,500 for houses, $386,000 for units
Average rental yield Kedron: 3.3% for houses and 5.0% for units
5 year chemical compound growth rate for Kedron: 5.6% for houses and -3.two% for units

Get our in-depth breakdown of growth suburbs in Brisbane

Empathise not just which suburbs are growing, but why they are growing. Go our top pick recommendations based on which type of investor yous are.

Adelaide

Adelaide is the fairy tale of the year! The property marketplace in Adelaide was very kind on both houses and units despite the pandemic and overarching trends.

Firm prices grew past half dozen% while unit prices grew by xiii.5% over the grade of 2020. That being said, property experts wait that houses volition carry more growth going frontwards.

Equally far every bit this year was concerned, property price growth was expected to be between v% and 8%.

Some of the best suburbs to invest in Adelaide for 2022 are:

Tennyson
Walkerville
Glenunga
Semaphore
Prospect
Blackwood
Largs Bay
Port Elliot

one. Tennyson

To put the growth of this Adelaide suburb into context: If you bought a $1.4 meg house last year, it would at present be worth $1.6 million!

This Adelaide growth suburb volition simply continue to perform on the Adelaide property market, and the but question remaining is if you can really become your hands on a holding in Tennyson.

Median house cost Tennyson: $1,575,000 for houses
Average rental yield Tennyson: two.three% for houses and v.6% for units
five-year compound growth rate for Tennyson: 12.3% for houses and -1.eight% for units

2. Walkerville

It's not as hot every bit its more than popular counterpart, Tennyson, but it's still worthy of being on your radar if this is your kind of belongings market place, and you can't get your hands on anything in a place similar Tennyson.

Median house price Walkerville: $one,410,000 for houses, $450,000 for units
Boilerplate rental yield Walkerville: 1.9% for houses and 4.iv% for units
5-twelvemonth compound growth rate for Walkerville: eight.8% for houses and 3.6% for units

3. Glenunga

The demand for this suburb is more than than twice that of Adelaide's boilerplate with iii,268 views per holding and a 1.0% vacancy charge per unit, then it's a prophylactic all-rounder, though a bit pricy.

Median house price Glenunga : $1,200,000 for houses, $405,000 for units
Boilerplate rental yield Glenunga: two.3% for houses and 4.four% for units
v twelvemonth chemical compound growth charge per unit for Glenunga: vii.1% for houses and -0.seven% for units

4. Semaphore

It'southward i of the all-time suburbs to invest in Adelaide for 2022 if y'all're looking for a good all-rounder that is fairly affordable, but still boasts good for you growth rates and rental yields.

Median house price Semaphore: $730,000 for houses, $325,000 for units
Average rental yield Semaphore: 3.one% for houses and 5.0% for units
5-year chemical compound growth rate for Semaphore: vii.i% for houses and i.ix% for units

v. Prospect

Information technology'south not the hottest suburb on the Adelaide property market right now, but if you're trying to avoid putting all your eggs in the regional property market basket, it'due south a swell choice.

Median house cost Prospect: $750,000 for houses, $380,000 for units
Average rental yield Prospect: ii.nine% for houses and four.8% for units
5-year compound growth rate for Prospect: five.vii% for houses and 4.iv% for units

half-dozen. Blackwood

It's a good and affordable option and you can expect modest returns on your investment. Expert to continue your center on this Adelaide growth suburb in example a great deal pops upwardly.

Median business firm price Blackwood: $653,000 for houses, $365,000 for units
Average rental yield Blackwood: 3.iv% for houses and iv.iv% for units
5-year chemical compound growth rate for Blackwood: 5.5% for houses and 4.0% for units

seven. Largs Bay

Largs Bay'southward average rental yield is the highest amongst our list at 3.viii% for houses and has the lowest business firm prices compared to the residual of the suburbs given here, and so if you're looking topositively gear your propertyit's a keen option.

Median house price Largs Bay: $619,000 for houses
Average rental yield Largs Bay: 3.8% for houses and 5.vii% for units
5 year compound growth charge per unit for Largs Bay: 4.four% for houses and 0.two% for units

Read our in-depth breakdown of growth suburbs in Adelaide

Understand not merely which suburbs are growing, merely why they are growing. Get our peak choice recommendations based on which type of investor yous are.

Perth

Perth was the almost affordable city to purchase backdrop in 2021! With the market seeing a price growth between 6%-10%.

To add together to that, Perth has a number of major infrastructural projects in its pipeline, such equally the $six.5B infrastructure upgrade across WA. You should pay attending to these projects, as they can e'er milk shake upwards which suburbs grow and which ones stagnate.

That being said, some of the best suburbs to invest in Perth for 2022 are:

South Perth
Yanchep
Clarkson
Forrestfield
Wendi
Como
Scarborough

We'll give you a snapshot of each Perth growth suburb, only if you desire a more in-depth view of the Perth property market, read our article on the best suburbs to invest in Perth 2021.

1. South Perth

You won't come across loftier growth rates in the offset couple of years after buying, but experts are expecting a great improvement in the long-term, which could make it easier to get your hands on a holding here right now.

Median business firm price Due south Perth: $ane,250,000 for houses, $525,000 for units
Average rental yield S Perth: 2.three% for houses and three.8% for units
5 year compound growth rate for South Perth : 0.7% for houses and -one.1% for units

two. Yanchep

It's a superb option for investors who are struggling to deal with loftier house prices since you still go strong growth rates and a healthy rental yield. The only affair worth mentioning is that growth will slow downwards if demand for inner-metropolis living goes support.

Median house toll Yanchep: $375,000 for houses
Average rental yield Yanchep: 4.five% for houses
Year-on-year growth charge per unit for Yanchep: 6.99% for houses

3. Clarkson

Rentals here are in super loftier demand at the moment, and Clarkson is tipped for immense growth. Combined with the fact that houses are quite affordable, it'south an especially strong investment for start-time homebuyers, specially and then if you're looking for a positively geared holding.

Median house price Clarkson: $375,000 for houses, $250,000 for units
Average rental yield Clarkson: 5.0% for houses and 6.vii% for units
5 yr compound growth rate for Clarkson: -ii.4% for houses and -5.4% for units

iv. Forrestfield

With house prices as depression as $400,000, if y'all're looking for budget real estate, then Forrestfield should exist on your shortlist this year. Nosotros recommend you keep information technology in your peripheral vision if you're struggling to become your easily on properties elsewhere like Clarkson.

Median house price Forrestfield: $400,000 for houses, $322,000 for units
Average rental yield Forrestfield: 4.8 % for houses and 4.viii% for units
Twelvemonth-on-year growth rate for Forrestfield: 6.00%% for houses and -3.five% for units

5. Wandi

Vacancy rates here are as low as 0.five%, most likely because of its ease of access to the city if you need to swing by, equally well as a number of shopping centres, mode and restaurants in the Honeywood district.

It'south a strong suburb if you're looking for practiced rental yields and pocket-size growth.

Median business firm toll Wandi: $510,000 for houses
Average rental yield Wandi: 4.one% for houses
Year-on-Year growth rate for Wandi: 3.93% for houses.

half-dozen. Como

Not much has actually changed in Como. Its relaxed vibes and seaside cafés, iconic architecture combined with adult units are proving to still be favoured past buyers and renters.

If yous're someone who puts an accent on strong rental yields, Como should catch your eye.

Median property price Como: $840,000 for houses, $460,000 for units
Average rental yield Como: 3.0% for houses and iv.7% for units
Year-on-year growth charge per unit for Como: iv.1% for houses and -one.1% for units

vii. Scarborough

Y'all'll have a leg up when you're trying to discover tenants if you become your easily on a rental property here. Apart from that, it'south in full general a strong all-rounder, definitely worth beingness on your shortlist.

Median house cost Scarborough: $765,000 for houses, $450,000 for units
Average rental yield Scarborough: 3.7% for houses and 4.9% for units
Yr-on-yr growth charge per unit for Scarborough: 3.57% for houses and 2.04% for units

Read our in-depth breakup of the growing suburbs in Perth

Understand not just which suburbs are growing, simply why they are growing. Get our top pick recommendations based on which blazon of investor you lot are.

Final thoughts on which suburbs to invest in Commonwealth of australia for 2022

You've probably noticed by at present that a common theme in the Australian holding market is the preference for big spacious houses as opposed to units and the shift towards regional suburbs.

At the middle of a skilful investing journey is knowing what tenants want in a rental. Always put yourself in the shoes of a potential tenant or future heir-apparent and ask yourself "why would someone desire to live in this property?"

Overall, 2022 is looking like a super promising year for belongings investors. You'll take plenty of options to choose from and as long as you exercise your research and spend time in the property market, you tin can wait solid returns on your investment.

We go that with too many options to choose from, information technology tin be overwhelming to decide on which suburb to invest in Australia. We'd recommend you narrow down your preferences to about five growth suburbs in Australia based on factors such as rental yields, chemical compound growth rates and the market cost for houses.

Bank check out our commodity on things you demand to know earlier you buy an investment holding if you want to be prepared for your rental purchase. We as well publish lots of insights and tips on our property blog.

Maximise your investment property returns with a gratuitous rental appraisement

With a constantly changing marketplace, it'southward important to keep yourself up-to-engagement on the rental value of your holding

Request Free Rental Appraisal

Disclaimer: The views, information, or opinions expressed in this web log post are for general data purposes simply and should not exist relied upon. We have not taken into account specific situations, facts or circumstances, and no part of this blog postal service constitutes personal fiscal, legal, or revenue enhancement communication to you. You should seek tax communication from your accountant, specific to your situation.

The unabridged market place was non considered in this list.

bergstromwhates.blogspot.com

Source: https://different.com.au/blog/growth-suburbs-australia/