Queensland’s next million-dollar suburbs



Queensland’s next million-dollar suburbs

These three Queensland suburbs are housing the state’s next property millionaires, according to data crunched by realestate.com.au.

According to realestate.com.au analysis of CoreLogic trends over the last three years, the next suburbs to cross the million-dollar median line mark a large triangle stretching from Central Queensland through to the New South Wales border and the capital city.

“We’re constantly seeing high levels of demand for Gold Coast – more people from Sydney are turning to Gold Coast for affordable lifestyle options.” REA chief economist Nerida Conisbee

For its sure bets to hit $1m median house prices in the next six months, REA backed Paddington in inner Brisbane, Castle Hill in Townsville and Tallebudgera in the southmost part of the Gold Coast. Source: realestate.com.au

Find out more on the Gold Coast and South East Queensland property market by downloading Urban Appeal #3 HERE.