Million-Dollar Club

BRISBANE’S prestigious million-dollar club is growing despite these unprecedented times.

New data from Realestate.com.au shows a number of significant sales over the past 12 months propelled seven suburbs into the exclusive price threshold, with the city now boasting 23 suburbs with a median house price of $1 million or more — up from 16 a year ago.

Bardon is among the newcomers to the club for the first time on record. Bardon is located approximately 5 kilometres (3.1 mi) north-west of the Brisbane CBD. Bardon is a leafy residential suburb, much of which nestles into the foothills of Mount Coot-tha. Clark Real Estate has listed a beautiful property at 18 Chiswick Road, Bardon. Positioned in the leafy part of Bardon with lush green valley and mountain views and backing onto 3 acres of council bushland reserve. This residence is perfect for young families to grow into, families with older teenagers who want their own space, multi-generational households and could even be an ideal Brisbane base for out of town parents with kids at boarding school. Simply rent the main residence out for a tidy return and use the self-contained flat when you’re in town. The property can be utilized as a 6-bedroom, 3.5-bathroom home when including all 3 levels.

Another new addition to the million-dollar is Clayfield. Located approximately 7 kilometres from the Brisbane CBD. Clayfield is bordered to the north by Nundah, to the east by Ascot and Hendra, to the west by Wooloowin and to the south by Albion.

Another unique listing with Clark Real Estate is this huge, breezy unit with a retro twist. You could never run out of space in this massive unit. This generously proportioned 1970’s apartment has an abundance of space, light, storage and livability. Ideally located within walking distance of both Wooloowin and Eagle Junction train stations. On top of the hill with 270 degree views so you can sit back and relax overlooking Mt Cootha, Glasshouse mountains and Bartlett’s hill. Securely positioned on the second floor of the quite complex of six units (two units per floor), you can enter the apartment through the huge sun-filled lounge/dining room which enjoys the perfect north-easterly aspect with sweeping views and fantastic cooling bay breezes. The second entry leads you to a shared balcony and your own private laundry on the same floor!

One of the more unlikely suburbs to become one of Brisbane’s newest million-dollar hot spots is Samford Valley, with its median house price jumping from $922,500 to $1.1 million in the past 12 months.

BRISBANE’S NEWEST MILLION-DOLLAR CLUB SUBURBS

Suburb Median house price FY19 Median house price FY20

Samford Valley $922,500 $1,100,000

Bardon $917,500 $1,010,000

West End $955,000 $1,050,000

Fig Tree Pocket $960,000 $1,170,000

Ashgrove $960,000 $1,030,000

Clayfield $925,000 $1,092,500

Grange $910,000 $1,123,500

Brisbane’s top million-dollar median suburbs

  1. New Farm $1,620,500
  2. Ascot $1,500,000
  3. Hamilton $1,340,000
  4. Hawthorne $1,205,000
  5. Pullenvale $1,150,000
  6. Highgate Hill $1,140,000
  7. Wilston $1,112,500
  8. Bulimba $1,065,000
  9. Rochedale $1,040,000

There are some great Real Estate opportunities in the current market. You just have to be careful about the property you buy, its location, and how you buy it. The best way to invest wisely is to keep up to date with current information from reliable sources. Clark Real Estate can find the right property that meets your goals. Or if you need help mapping out your goals, our team can work with you to create your unique goals and plan.

Contact us to learn more!