The Valuer-General’s Report 2017 places Gumdale (30.1%) and Wakerley (29.4%) at the top of Brisbane suburb increases of land values over the past 12 months. We’ve seen significant price rises in houses over the past year also, and I would anticipate this increase will result in further growth of prices, as buyers begin to realise that buying an established property is better value than building.
The full report is available here: http://bit.ly/VGBrisbane2017
Table 1 – Median value of residential land*
| Residential localities | Previous median value as at 1/10/2015 ($) | New median value as at 1/10/2016 ($) | Change in median value (%) | Number of properties |
|---|---|---|---|---|
| Acacia Ridge | 237,500 | 237,500 | 0 | 2474 |
| Albion | 450,000 | 495,000 | 10 | 488 |
| Alderley | 500,000 | 540,000 | 8 | 1683 |
| Algester | 310,000 | 310,000 | 0 | 2551 |
| Annerley | 460,000 | 500,000 | 8.7 | 2291 |
| Anstead | 270,000 | 270,000 | 0 | 87 |
| Archerfield | 227,500 | 227,500 | 0 | 225 |
| Ascot | 840,000 | 880,000 | 4.8 | 1303 |
| Ashgrove | 570,000 | 620,000 | 8.8 | 3896 |
| Aspley | 370,000 | 405,000 | 9.5 | 3948 |
| Auchenflower | 510,000 | 560,000 | 9.8 | 1152 |
| Bald Hills | 237,500 | 242,500 | 2.1 | 2426 |
| Balmoral | 590,000 | 600,000 | 1.7 | 1114 |
| Banyo | 320,000 | 350,000 | 9.4 | 2178 |
| Bardon | 590,000 | 620,000 | 5.1 | 3055 |
| Bellbowrie | 225,000 | 225,000 | 0 | 1694 |
| Belmont | 355,000 | 425,000 | 19.7 | 1192 |
| Boondall | 242,500 | 265,000 | 9.3 | 3092 |
| Bowen Hills | 600,000 | 660,000 | 10 | 89 |
| Bracken Ridge | 285,000 | 285,000 | 0 | 5544 |
| Bridgeman Downs | 415,000 | 415,000 | 0 | 2580 |
| Brighton | 340,000 | 375,000 | 10.3 | 3513 |
| Brisbane City | 530,000 | 560,000 | 5.7 | 4 |
| Brookfield | 350,000 | 405,000 | 15.7 | 470 |
| Bulimba | 650,000 | 680,000 | 4.6 | 1596 |
| Bulwer | 405,000 | 405,000 | 0 | 63 |
| Burbank | 295,000 | 310,000 | 5.1 | 1 |
| Calamvale | 320,000 | 395,000 | 23.4 | 3922 |
| Camp Hill | 530,000 | 600,000 | 13.2 | 3888 |
| Cannon Hill | 470,000 | 500,000 | 6.4 | 1676 |
| Carina | 430,000 | 500,000 | 16.3 | 2581 |
| Carina Heights | 425,000 | 500,000 | 17.7 | 1579 |
| Carindale | 455,000 | 550,000 | 20.9 | 5037 |
| Carseldine | 310,000 | 310,000 | 0 | 2653 |
| Chapel Hill | 380,000 | 455,000 | 19.7 | 3449 |
| Chelmer | 600,000 | 620,000 | 3.3 | 1058 |
| Chermside | 350,000 | 420,000 | 20 | 1432 |
| Chermside West | 335,000 | 385,000 | 14.9 | 2416 |
| Chuwar | 180,000 | 190,000 | 5.6 | 27 |
| Clayfield | 680,000 | 710,000 | 4.4 | 2053 |
| Coopers Plains | 380,000 | 420,000 | 10.5 | 1762 |
| Coorparoo | 560,000 | 590,000 | 5.4 | 3485 |
| Corinda | 440,000 | 450,000 | 2.3 | 1488 |
| Cowan Cowan | 415,000 | 415,000 | 0 | 68 |
| Darra | 255,000 | 280,000 | 9.8 | 1303 |
| Deagon | 300,000 | 330,000 | 10 | 1456 |
| Doolandella | 265,000 | 265,000 | 0 | 1332 |
| Drewvale | 270,000 | 320,000 | 18.5 | 1313 |
| Durack | 235,000 | 235,000 | 0 | 1809 |
| Dutton Park | 570,000 | 600,000 | 5.3 | 423 |
| East Brisbane | 485,000 | 530,000 | 9.3 | 1289 |
| Eight Mile Plains | 400,000 | 450,000 | 12.5 | 3488 |
| Ellen Grove | 149,000 | 149,000 | 0 | 616 |
| Enoggera | 455,000 | 490,000 | 7.7 | 1380 |
| Everton Park | 365,000 | 420,000 | 15.1 | 2718 |
| Fairfield | 450,000 | 485,000 | 7.8 | 817 |
| Ferny Grove | 340,000 | 340,000 | 0 | 1830 |
| Fig Tree Pocket | 455,000 | 480,000 | 5.5 | 1300 |
| Fitzgibbon | 227,500 | 250,000 | 9.9 | 2050 |
| Forest Lake | 255,000 | 255,000 | 0 | 7724 |
| Fortitude Valley | 690,000 | 695,000 | 0.7 | 140 |
| Gaythorne | 420,000 | 440,000 | 4.8 | 663 |
| Geebung | 340,000 | 340,000 | 0 | 1703 |
| Gordon Park | 475,000 | 500,000 | 5.3 | 1073 |
| Graceville | 520,000 | 530,000 | 1.9 | 1556 |
| Grange | 550,000 | 590,000 | 7.3 | 1399 |
| Greenslopes | 475,000 | 495,000 | 4.2 | 1834 |
| Gumdale | 365,000 | 475,000 | 30.1 | 298 |
| Hamilton | 750,000 | 830,000 | 10.7 | 1086 |
| Hawthorne | 750,000 | 790,000 | 5.3 | 1369 |
| Heathwood | 275,000 | 275,000 | 0 | 1047 |
| Hemmant | 310,000 | 310,000 | 0 | 732 |
| Hendra | 620,000 | 610,000 | -1.6 | 1601 |
| Herston | 500,000 | 550,000 | 10 | 401 |
| Highgate Hill | 630,000 | 690,000 | 9.5 | 1046 |
| Holland Park | 455,000 | 530,000 | 16.5 | 2681 |
| Holland Park West | 435,000 | 480,000 | 10.3 | 2024 |
| Inala | 215,000 | 215,000 | 0 | 4786 |
| Indooroopilly | 520,000 | 560,000 | 7.7 | 2678 |
| Jamboree Heights | 320,000 | 320,000 | 0 | 1188 |
| Jindalee | 290,000 | 290,000 | 0 | 1878 |
| Kalinga | 590,000 | 650,000 | 10.2 | 604 |
| Kangaroo Point | 570,000 | 570,000 | 0 | 528 |
| Karana Downs | 185,000 | 195,000 | 5.4 | 910 |
| Kedron | 445,000 | 510,000 | 14.6 | 2528 |
| Kelvin Grove | 495,000 | 520,000 | 5.1 | 1085 |
| Kenmore | 370,000 | 405,000 | 9.5 | 3221 |
| Kenmore Hills | 415,000 | 475,000 | 14.5 | 592 |
| Keperra | 345,000 | 375,000 | 8.7 | 2505 |
| Kholo | 167,500 | 175,000 | 4.5 | 1 |
| Kooringal | 235,000 | 235,000 | 0 | 159 |
| Kuraby | 320,000 | 385,000 | 20.3 | 2296 |
| Lota | 375,000 | 405,000 | 8 | 1148 |
| Lutwyche | 455,000 | 500,000 | 9.9 | 548 |
| Macgregor | 425,000 | 450,000 | 5.9 | 1787 |
| Mackenzie | 375,000 | 450,000 | 20 | 576 |
| Manly | 490,000 | 510,000 | 4.1 | 1335 |
| Manly West | 350,000 | 385,000 | 10 | 3768 |
| Mansfield | 425,000 | 485,000 | 14.1 | 2870 |
| Mcdowall | 360,000 | 395,000 | 9.7 | 2335 |
| Middle Park | 330,000 | 330,000 | 0 | 1350 |
| Milton | 497,500 | 525,000 | 5.5 | 386 |
| Mitchelton | 415,000 | 435,000 | 4.8 | 2756 |
| Moggill | 247,500 | 255,000 | 3 | 1377 |
| Moorooka | 415,000 | 435,000 | 4.8 | 2987 |
| Moreton Island | 340,000 | 340,000 | 0 | 1 |
| Morningside | 510,000 | 550,000 | 7.8 | 2287 |
| Mount Crosby | 202,500 | 217,500 | 7.4 | 69 |
| Mount Gravatt | 370,000 | 415,000 | 12.2 | 971 |
| Mount Gravatt East | 415,000 | 475,000 | 14.5 | 3432 |
| Mount Ommaney | 540,000 | 540,000 | 0 | 703 |
| Murarrie | 420,000 | 430,000 | 2.4 | 1364 |
| Nathan | 305,000 | 350,000 | 14.8 | 274 |
| New Farm | 890,000 | 890,000 | 0 | 1322 |
| Newmarket | 530,000 | 570,000 | 7.6 | 1229 |
| Newstead | 840,000 | 840,000 | 0 | 7 |
| Norman Park | 540,000 | 580,000 | 7.4 | 1869 |
| Northgate | 420,000 | 445,000 | 6 | 1217 |
| Nudgee | 365,000 | 365,000 | 0 | 1301 |
| Nudgee Beach | 415,000 | 420,000 | 1.2 | 126 |
| Nundah | 455,000 | 480,000 | 5.5 | 1642 |
| Oxley | 295,000 | 335,000 | 13.6 | 2707 |
| Paddington | 590,000 | 620,000 | 5.1 | 2590 |
| Parkinson | 350,000 | 395,000 | 12.9 | 3002 |
| Petrie Terrace | 485,000 | 510,000 | 5.2 | 405 |
| Pinjarra Hills | 212,500 | 212,500 | 0 | 1 |
| Pinkenba | 220,000 | 255,000 | 15.9 | 125 |
| Pullenvale | 275,000 | 275,000 | 0 | 7 |
| Red Hill | 560,000 | 590,000 | 5.4 | 1620 |
| Richlands | 240,000 | 240,000 | 0 | 372 |
| Riverhills | 275,000 | 275,000 | 0 | 1370 |
| Robertson | 530,000 | 640,000 | 20.8 | 1174 |
| Rochedale | 400,000 | 425,000 | 6.3 | 611 |
| Rocklea | 210,000 | 210,000 | 0 | 618 |
| Runcorn | 340,000 | 375,000 | 10.3 | 3514 |
| Salisbury | 360,000 | 415,000 | 15.3 | 2255 |
| Sandgate | 395,000 | 435,000 | 10.1 | 1479 |
| Seven Hills | 510,000 | 640,000 | 25.5 | 760 |
| Seventeen Mile Rocks | 310,000 | 310,000 | 0 | 897 |
| Sherwood | 570,000 | 590,000 | 3.5 | 1368 |
| Shorncliffe | 440,000 | 485,000 | 10.2 | 643 |
| Sinnamon Park | 350,000 | 350,000 | 0 | 1938 |
| South Brisbane | 560,000 | 620,000 | 10.7 | 305 |
| Spring Hill | 610,000 | 640,000 | 4.9 | 490 |
| St Lucia | 670,000 | 700,000 | 4.5 | 1503 |
| Stafford | 405,000 | 460,000 | 13.6 | 2114 |
| Stafford Heights | 390,000 | 450,000 | 15.4 | 2721 |
| Stretton | 470,000 | 495,000 | 5.3 | 1286 |
| Sumner | 230,000 | 230,000 | 0 | 191 |
| Sunnybank | 445,000 | 530,000 | 19.1 | 2890 |
| Sunnybank Hills | 400,000 | 480,000 | 20 | 5133 |
| Taigum | 290,000 | 290,000 | 0 | 1307 |
| Taringa | 600,000 | 650,000 | 8.3 | 1233 |
| Tarragindi | 470,000 | 520,000 | 10.6 | 3827 |
| Teneriffe | 910,000 | 910,000 | 0 | 366 |
| Tennyson | 455,000 | 455,000 | 0 | 268 |
| The Gap | 395,000 | 415,000 | 5.1 | 5602 |
| Tingalpa | 335,000 | 380,000 | 13.4 | 2555 |
| Toowong | 475,000 | 520,000 | 9.5 | 1802 |
| Upper Brookfield | 252,500 | 252,500 | 0 | 14 |
| Upper Kedron | 340,000 | 340,000 | 0 | 1390 |
| Upper Mount Gravatt | 385,000 | 455,000 | 18.2 | 2700 |
| Virginia | 360,000 | 385,000 | 6.9 | 895 |
| Wacol | 197,500 | 197,500 | 0 | 231 |
| Wakerley | 340,000 | 440,000 | 29.4 | 2376 |
| Wavell Heights | 455,000 | 480,000 | 5.5 | 3641 |
| West End | 650,000 | 720,000 | 10.8 | 1420 |
| Westlake | 390,000 | 390,000 | 0 | 1528 |
| Willawong | 650,000 | 650,000 | 0 | 1 |
| Wilston | 610,000 | 670,000 | 9.8 | 1099 |
| Windsor | 500,000 | 540,000 | 8 | 1691 |
| Wishart | 405,000 | 465,000 | 14.8 | 2916 |
| Woolloongabba | 465,000 | 465,000 | 0 | 1213 |
| Wooloowin | 510,000 | 560,000 | 9.8 | 939 |
| Wynnum | 380,000 | 410,000 | 7.9 | 4328 |
| Wynnum West | 330,000 | 340,000 | 3 | 3743 |
| Yeerongpilly | 440,000 | 485,000 | 10.2 | 391 |
| Yeronga | 500,000 | 550,000 | 10 | 1432 |
| Zillmere | 270,000 | 310,000 | 14.8 | 2241 |
| All Residential Localities | 390,000 | 430,000 | 10.3 | 300,018 |