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Brett Warren
By Brett Warren
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The top 20 Brisbane suburbs primed for growth

If you’re considering investing in Brisbane’s property market but don’t know where to start or the best locations to look into, this blog will help.

You see, after Sydney and Melbourne, Brisbane is clearly Australia’s third-biggest property market.

And it's no secret that Brisbane was one of the strongest property markets during the boom of 2020-21 with house prices increasing 42.7% from the Covid trough to its peak in June 2022 as the city enjoyed a boom in population with many Sydneysiders and Melbournians flocking north in search of more affordable property in lifestyle locations.

Brisbane2

The latest CoreLogic price data reveals Brisbane’s new median property price now sits at $883,357 - the median price for houses has risen to $974,025 while units have risen to $669,254.

While prices across the city continue to grow, Brisbane’s property market is very much a tale of two cities – while some areas overperform, others underperform.

The worst-performing segments of Brisbane’s property market are high-rise apartments, properties in blue-collar areas, and new housing estates.

These are areas where young families are likely to have overextended themselves financially.

I expect that some of the high-rise apartment towers in and around Brisbane’s CBD, which were already suffering from the adverse publicity of structural problems prior to Covid-19, will now become the slums of the future as they are shunned by both homeowners and investors.

When a market enters a new phase of the property cycle, we usually see a flight to quality properties and an increased emphasis on livability, so this is what we can expect from Brisbane over the next few years.

That explains why we’re seeing robust demand for A-grade homes and investment-grade properties, particularly in lifestyle locations, with many growing substantially in value.

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Note: At Metropole Brisbane we are finding that A-grade homes and "investment grade" properties are still in short supply, B-grade properties are taking longer to sell and informed buyers are avoiding C-grade properties.

Now, the question I hear many property investors ask is: “What is going to cause property values to increase moving forward?”

After all, the rising tide that lifted all ships in the last boom has now gone, as has the period of rising household incomes and low interest rates that we enjoyed over the last decade.

This means our property markets will be much more fragmented moving forward, with capital growth dependent on local factors, including local demographics (locations where homeowners have substantial wealth of their properties),  gentrification, neighbourhood, and wage growth of the people in these locations or moving to these locations.

Not only that, Federal government forecasts suggest that Queensland’s population will grow by more than 16% by the time Brisbane hosts the Olympic Games in 2032, further putting a floor under property values.

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Note: Moving forward, Brisbane real estate is expected to continue to attract strong demand for homes, particularly in lifestyle areas.

The Sunshine State is shining and strong demand for detached houses and outstanding demand for lifestyle areas means as an investor, if you buy the right investment property in the right location, you could be primed to supercharge growth.

So, what are the Brisbane suburbs primed for growth?

Whether you are looking for a higher-end purchase or a beginning investor, I think the below list is some of the Brisbane suburbs to take advantage of in 2025.

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Tips: Remember, our focus is on houses in lifestyle and growth suburbs, townhouses in inner and middle-ring suburbs and apartments in boutique complexes.

Each of these property types continues to gain popularity among young families, professionals, and downsizers looking for a better lifestyle and improved affordability.

So, below I’ve listed the suburbs to target for houses or units.

These areas stand out from the crowd because not only are they likely to deliver growth, these locations could also be considered recession-resistant - they’re noteworthy suburbs, close to major employment hubs, they have bulletproof school catchments, and immediate access to public transport and local infrastructure.

Here, I’ve listed my top 20 Brisbane suburbs to watch, they’re listed in order of annual property price growth and by rental yield for both houses and units, using data from domain.com.au and realestate.com.au.

Best suburbs in Brisbane by annual property price growth

Brisbane's Houses:

Suburb Median house price Quarterly growth Annual growth
Chapel Hill $1,500,000 0.67% 30.43%
Kedron $1,349,000 10.12% 28.47%
Wooloowin $1,650,000 0.00% 22.22%
Chermside $900,000 5.88% 20.00%
New Farm $3,400,000 6.25% 17.64%
Wavell Heights $1,291,000 5.38% 17.36%
Camp Hill $1,700,000 0.00% 17.24%
Nundah $1,225,000 2.08% 16.66%
Carina $1,075,000 7.50% 16.21%
South Brisbane $1,637,500 5.28% 13.20%
Ashgrove $1,694,500 4.72% 13.15%
Kenmore $1,125,000 2.27% 12.61%
Woolloongabba $1,350,000 3.84% 11.57%
Teneriffe $3,900,000 0.00% 11.42%
Red Hill $1,550,000 0.78% 11.33%
Indooroopilly $1,603,500 0.00% 10.58%
Stafford $988,500 4.05% 9.83%
Paddington $1,900,000 7.80% 9.80%
Albion $1,280,000 - 6.70%
West End $1,665,000 - 5.70%

Brisbane's Units:

Suburb Median unit price Quarterly growth Annual growth
Red Hill $815,000 12.41% 35.38%
Wooloowin $600,000 11.31% 29.03%
New Farm $900,000 6.00% 23.28%
Chermside $550,000 4.76% 22.49%
Albion $610,000 - 22.00%
Stafford $554,000 - 20.40%
Wavell Heights $615,000 6.13% 19.80%
Nundah $525,000 5.21% 19.31%
Indooroopilly $695,000 6.10% 18.80%
Kedron $530,000 6.21% 17.77%
South Brisbane $620,000 3.33% 16.98%
Paddington $760,000 0% 16.80%
West End $720,000 - 16.10%
Ashgrove $710,000 4.66% 14.50%
Camp Hill $910,000 2.33% 13.00%
Teneriffe $837,500 0.00% 11.66%
Woolloongabba $580,000 0% 11.64%
Carina $780,000 1.40% 9.10%
Chapel Hill - - -
Kenmore - - -

Source: Domain

Best suburbs in Brisbane by rental yield

Brisbane's Houses:

Suburb Vacancy rate Weekly rent Annual rent growth Rental yield
Kenmore 1.00% $750 10.29% 3.46%
Stafford 0.93% $650 9.24% 3.41%
Albion 1.50% $750 11.10% 3.30%
Chermside 1.92% $570 8.57% 3.29%
Carina 0.91% $650 8.33% 3.14%
South Brisbane 4.53% $700 8.52% 2.97%
Red Hill 0.08% $705 -2.08% 2.87%
Woolloongabba 2.77% $730 14.06% 2.81%
Chapel Hill 0.96% $800 5.26% 2.77%
Wavell Heights 1.07% $670 7.20% 2.69%
Kedron 1.06% $680 8.80% 2.62%
Paddington 1.77% $820 6.66% 2.62%
West End 1.20% $780 -0.60% 2.60%
Nundah 1.59% $610 14.01% 2.58%
Indooroopilly 2.60% $750 7.14% 2.43%
Wooloowin 1.36% $750 0.00% 2.36%
Camp Hill 1.12% $750 15.38% 2.29%
Ashgrove 1.10% $740 5.71% 2.27%
New Farm 2.35% $1,000 11.11% 1.52%
Teneriffe 1.90% $990 -23.85% 1.32%

Source: Domain

Brisbane's Units:

Suburb Vacancy rate Weekly rent Annual rent growth Rental yield
Wavell Heights 1.07% $450 4.65% 4.8
South Brisbane 4.53% $700 12.90% 5.87%
Albion 1.50% $580 7.40% 5.80%
West End 1.20% $680 9.70% 5.50%
Woolloongabba 2.77% $610 10.90% 5.46%
Nundah 1.59% $530 17.77% 5.24%
Chermside 1.92% $530 15.21% 5.01%
Stafford 0.93% $570 20.00% 4.90%
Kedron 1.06% $480 11.62% 4.70%
Carina 0.91% $525 10.52% 4.50%
Teneriffe 1.90% $720 5.88% 4.47%
Indooroopilly 2.60% $590 11.32% 4.41%
Ashgrove 1.10% $505 6.31% 4.40%
Paddington 1.77% $560 8.69% 4.38%
Red Hill 0.08% $500 0.00% 4.26%
Camp Hill 1.12% $445 4.70% 4.00%
Wooloowin 1.36% $455 8.33% 3.94%
New Farm 2.35% $620 19.23% 3.58%
Chapel Hill - - - -
Kenmore - - - -

Source: Domain

An insight into the top 20 Brisbane suburbs primed for growth in 2025

Below is more information on each of the top 20 Brisbane suburbs primed for growth, listed in order of the highest to the lowest median house price, using data from Domain, RealEstate.com.au  and RealEstateInvestar.

1. Teneriffe

Teneriffe, Brisbane

Median house price: $3.90 million

Total population: 5,520

Average age: 20-39

When they said property is as safe as houses, they were probably thinking about Teneriffe.

This incredible inner-city suburb has all the ingredients for a bulletproof investment.

It has premium lifestyle precincts, high walkability, low commute times and great school catchments, all a stone’s throw from our biggest employment hub, the rapidly expanding CBD.

2. New Farm

New Farm, Brisbane

Median house price: $3.40 million

Total population: 12,534

Average age: 20-39

New Farm is a leafy, residential and riverside neighbourhood that is considered among the most desirable in Brisbane.

Its village vibe and wealth of conveniences, schools and transport links have built strong demand for property in this area, which holds up its high $3.402.63 million median house price.

3. Paddington

Paddington - A Charming Inner Suburb Of Brisbane

Median house price: $1.90 million

Total population: 9,063

Average age: 33

Paddington is an inner suburb of Brisbane well-known for its tree-lined streets, heritage buildings and thriving cafe and coffee culture.

The suburb is highly sought after thanks to its unique suburban lifestyle in cost proximity to the city, which helps to prop up its impressive property prices.

4. Camp Hill

Camp Hill A Suburb 6 Km Southeast Of Brisbane's Cbd

Median house price: $1.7 million

Total population: 12,254

Average age: 35

Located just 7-10 km from the CBD, Camp Hill is experiencing an influx of young families and professionals looking for spacious living at a more affordable price point.

Townhouses here offer good rental yields and future capital growth with families increasingly moving to the area enticed by the number of parks, reserves, children's play equipment and facilities.

5. Ashgrove

Ashgrove Brisbane

Median house price: $1.69 million

Total population: 13,046

Average age: 38

With a cosy neighbourhood feel, while only being four kilometres north-west of the city, Ashgrove is a convenient suburb for established professionals and families who want a little room to move without having to move too far away from the city centre.

6. West End

West End Brisbane

Median house price: $1.66 million

Total population: 14,730

Average age: 34

Known for its vibrant, eclectic vibe, West End continues to attract renters and buyers looking for a lively urban lifestyle.

Boutique apartments in this suburb perform well due to the area's proximity to the CBD, cultural attractions, and entertainment options.

7. Wooloowin

Wooloowin In Brisbane Australia

Median house price: $1.65 million

Total population: 3,945

Average age: 33

A northern inner-city suburb, Wooloowin is rapidly gentrifying, with infrastructure upgrades and new developments attracting renters and owner-occupiers.

Boutique apartments in this area provide an affordable entry point with good long-term growth prospects.

8. South Brisbane

South Brisbane An Inner City Suburb On The Southern Bank Of The Brisbane River

Median house price: $1.63 million

Total population: 15,575

Average age: 29

South Brisbane is undergoing rapid transformation with new infrastructure and urban renewal projects, making them attractive for townhouse investments.

The demand from professionals working in the CBD and nearby hospitals also ensures solid rental demand.

9. Indooroopilly

Indooroopilly A Brisbane Suburb 7.8 Km Southwest Of The Cbd

Median house price: $1.630 million

Total population: 13,622

Average age: 33

Known for its excellent schools, green spaces, and family-friendly lifestyle, the western suburb or Indooroopilly has experienced consistent demand for property.

The suburb also has significant commercial, office and retail sectors and is home to the largest shopping centre in Brisbane’s western suburbs.

Combined, these factors enable the area to have a strong rental yield and capital growth potential.

10. Red Hill

Red Hill A Brisbane Suburb

Median house price: $1.55 million

Total population: 5,975

Average age: 32

Red Hill is another inner-city suburb, and like Paddington and Ashgrove, offers a blend of heritage charm, access to the CBD, and a strong café culture.

The scarcity of land, coupled with ongoing demand from professionals and families, makes Red Hill ideal for capital growth.

11. Chapel Hill

Chapel Hill A Suburb Of Brisbane

Median house price: $1.5 million

Total population: 10,511

Average age: 42

Another western suburb, located at the foot of Mount Coot-tha and 9 km south-west of central Brisbane, is known for its excellent schools, green spaces, and family-friendly lifestyle.

Chapel Hill enjoys consistent property demand which supports strong rental yields and capital growth potential.

12. Woolloongabba

Woolloongabba An Inner Southern Suburb Of Brisbane

Median house price: $1.35 million

Total population: 8,687

Average age: 29

Woolloongabba is home to historic Russian and Eastern European churches, ethnic grocers, coffee roasteries and the hallowed ground of the Gabba.

Like South Brisbane, the area is undergoing rapid transformation with new infrastructure and urban renewal projects, and this high demand drives property market success, particularly for townhouses

13. Kedron

Kedron Brisbane Suburb

Median house price: $1.34 million

Total population: 9,907

Average age: 34

Kedron, located North of Brisbane, has enjoyed some recent infrastructure improvements.

Combined with its proximity to major employment hubs, and with gentrification in full swing, the area is gaining popularity among families and young professionals looking for an affordable entry point for houses.

14. Wavell Heights

Wavell Heights Brisbane

Median house price: $1.29 million

Total population: 9,691

Average age: 40-59

Wavell Heights is another high-demand market north of Brisbane’s CBD, with close proximity to many amenities and transport.

The suburb is within a few minutes of Chermside Shopping Centre and only 10 minutes travel time from the airport and CBD.

The suburb is another area with significant gentrification which props up demand for families and young professionals.

15. Albion

Albion Suburb Of Brisbane

Median house price: $1.28 million

Total population: 3,446

Average age: 33

Albion is another northern inner-city suburb which, like Wooloowin, is rapidly gentrifying with infrastructure upgrades and new developments attracting renters and owner-occupiers.

Boutique apartments in the area provide an affordable entry point with good long-term growth prospects.

16. Nundah

Nundah Brisbane

Median house price: $1.22 million

Total population: 12,144

Average age: 33

Nundah has a vibrant and diverse community lifestyle, with excellent amenities, transport links, and strong property market performance and good rental yields, particularly for townhouses.

17. Kenmore

Kenmore Brisbane

Median house price: $1.12 million

Total population: 9,675

Average age: 40

The western suburb of Kenmore is known for its excellent schools, green spaces, and family-friendly lifestyle, experiencing consistent demand for housing.

The suburb offers strong rental yields and capital growth potential and presents a particularly good opportunity for investors or buyers looking for a house.

18. Carina

Carina Brisbane

Median house price: $1.07 million

Total population: 11,826

Average age: 37

Located just 7 km east of Brisbane’s CBD, Carina is experiencing an influx of young families and professionals looking for spacious living at a more affordable price point.

In particular, townhouses here offer good rental yields and future capital growth.

19. Stafford

Stafford Brisbane

Median house price: $988,500

Total population: 9,552

Average age: 20-39

Stafford is surprisingly close to everything from choices of shops, schools, and hospitals, to the city and transport making the suburb extremely easy to live in and get around.

Combined with it being a notoriously high-demand market with consistent property price growth, it's no wonder the suburb is at the top of so many investors’ lists.

20. Chermside

Chermside, A Vibrant Suburb In Brisbane

Median house price: $900,000

Total population: 11,426

Average age: 35

With excellent access to public transport, shopping centres, and proximity to Brisbane Airport, Chermside is emerging as a townhouse hotspot.

The suburb attracts a mix of renters and owner-occupiers, providing strong rental yields and growth potential.

So which suburbs are the best in Brisbane for investing in property?

Let me make one thing clear…

There might be a lot of talk about specific property ‘hotspots’ which are said to guarantee investment return.

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Note: I don’t believe in hotspots or investing in an area just because it is expected to be the “next best thing”.

“Hotspots” tend to be next year’s “not-spots” and as a long-term investor, I base my decisions on fundamentals.

I don’t gamble.

My approach to this list of top Brisbane suburbs for 2025 is to highlight strong and stable suburbs that have shown both consistent historical growth and also have the right demographics to suggest future long-term growth.

Therefore, providing a macro strategy about the top Brisbane suburbs for 2025 is not as easy as it sounds.

So, let’s approach this with the following expectations:

  • The suburbs I have featured have all been strong and stable suburbs that have both shown consistent historical growth but also have the right demographics to suggest future long-term growth.
  • The suburbs I feature are all located within the inner-middle rings of Brisbane so that we can avoid any hot-spotting or speculative investing. These are all proven investment-grade suburbs.
  • Yes, there are some suburbs outside of this list that have shown higher short-term growth but the suburbs listed are long-term performers based on a number of metrics intended for safe and long-term growth, not a short-term and risky “get rich quick” approach.
  • Every client I see may be provided with a different recommendation based on their circumstances and personal goals
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Note: Neighbourhood is now more important than ever!

The ability to work, live and play all within 20 minutes reach is the new gold standard desirable lifestyle.

If social distancing and the Covid-19 pandemic taught us anything, it’s the importance of the neighbourhood we live in.

If you can leave your home and be within walking distance of, or a short trip to, a great shopping strip, your favourite coffee shop, amenities, the beach, or a great park, the recently implemented coronavirus restrictions might seem a little more palatable than if you had none of that on your doorstep.

But the reality is, this concept is nothing new.

In fact, the rise of the 20-minute neighbourhood started a long time ago.

You will find these are often in the gentrifying aspirational lifestyle suburbs of our capital cities and people will pay a premium to either own a property in these locations or rental property in these locations.

Many inner suburbs of Australia’s capital cities and parts of their middle suburbs already meet a 20-minute neighbourhood test while very few of the outer suburbs would do so - that’s why this is focused on Brisbane’s inner middle ring suburbs.

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Note: According to leading demographer Bernard Salt, the pandemic changed the Australian workforce and not just by prompting adaptation to new technology like Zoom calls and triggering a work-from-home movement, but also by rigidly dividing the nation according to skill sets.

The Australian Bureau of Statistics classifies every job according to one of five skill levels with Skill Level 1 being the most skilled.

It is well recognised that the rich – such as people with a skill level 1 job - are getting richer, and at the other end of the spectrum, skill level 5 jobs requiring little or no previous work experience (like general sales assistant, kitchen hand) are experiencing no wages growth.

A skill level 1 job requires a bachelor’s degree or higher, or the equivalent of at least 5 years’ training.

People with these types of jobs will earn more income and be able to afford to pay more for their homes.

But it's not only homeowners that we are concerned about. Your future rental income will be dependent upon your tenant’s ability to keep paying higher rent over the years. And that's another reason why investing in more affluent gentrifying suburbs will help future proof your property investments.

Brett Warren
About Brett Warren Brett Warren is National Director of Metropole Properties and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their wealth through strategic property advice.
15 comments

Interesting article. Any thoughts on Everton park? With Stafford, Stafford heights and keperra getting a mention?

1 reply

What are you thoughts on Sandgate / Shorncliffe / Brighton and its Bayside style living?

1 reply

Thanks Brett, Wonder, what's the outlook for Redbank Plains? Luxmy

0 replies
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