Redcliffe: Among the Most Affordable Suburbs Within 30kms from the CBD

Photo Credit: Shiftchange [CC0] / Wikimedia Commons

Redcliffe offers all-year round ocean view, seaside lifestyle, and some of the most affordable units whilst still being situated just under 30kms from the CBD.

Redcliffe is an ideal place to live for professionals, families with kids, retirees, and just about everyone who loves the beach, the outdoors, and great food. Redcliffe was once the foremost holiday destination for many Brisbanites.

Just 28 kilometres from the city, property buyers would be happy to know that there are affordable units that you can find in Redcliffe which currently has median unit price of $387,000, according to Domain’s latest research.

On the other hand, CoreLogic’s propertyvalue.com.au data shows that the median unit price in Redcliffe as at December 2018 is 6.95 percent lower than it was 12 months ago.

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The latest report from the Domain Group ranked the most affordable suburbs according to their proximity to the CBD. For suburbs just under 10 kms from the city, Milton took the top spot for units with a median price of $363,750 whilst Keperra was the most affordable for houses with a median sale price of $541,500.

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Affordable Suburbs Under 10 Kilometres from Brisbane CBD

Suburb for UnitsMedian Sale Price
Milton$363,750
Moorooka$367,500
Clayfield$382,500
Everton Park$390,000
Fortitude Valley$391,000
Suburb for HousesMedian Sale Price
Keperra$541,500
Chermside$580,000
Everton Park$590,000
Chermside West$591,000
Stafford Heights$602,500

Zillmere, with a median unit price of $340,000, is the most affordable suburb within 10- 20 kilometres from CBD and is also close to Westfield Chermside. Inala, on the other hand has the lowest median house price at $365,000.

Affordable Suburbs 10 – 20 Kilometres from Brisbane CBD

Suburb for UnitsMedian Sale Price
Zillmere$340,000
Runcorn$365,000
Richlands$370,000
Calamvale$380,000
Eight Mile Plains$382,000
Suburb for HousesMedian Sale Price
Inala$365,500
Acacia Ridge$400,000
Durack$411,000
Strathpine$438,750
Thorneside$445,000
Photo Credit: Kgbo [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)] / Wikimedia Commons

The most affordable for houses within 20-30 kilometre radius is Kingston with a median house price of $325,000 whilst Kallangur offers the lowest median unit price  at $292,000.



Affordable Suburbs 20 – 30 Kilometres from Brisbane CBD

Suburb for UnitsMedian Sale Price
Kallangur$292,000
Dakabin$365,000
Griffin$377,500
Mango Hill$383,500
Redcliffe$387,500
Suburb for HousesMedian Sale Price
Kingston$325,000
Bundamba$331,000
Goodna$337,000
Redbank Plains$338,500
Bethania$344,000

Looking beyond the 30 kilometres radius, there are still affordable suburbs you can find that are still relatively close to the city such as Eagleby with a median unit price of $252,000. Raceview will also not disappoint buyers hunting for bargain houses with its median house price of $338,000.

Affordable Suburbs 30 – 40 Kilometres from Brisbane CBD

Suburb for UnitsMedian Sale Price
Eagleby$252,000
Deception Bay$260,000
Morayfield$325,000
Redland Bay$448,500
Scarborough$495,000
Suburb for HousesMedian Sale Price
Raceview$338,000
Brassall$347,250
Beenleigh$350,000
Yamanto$359,000
Morayfield$359,900

Now is a good time for property buyers to invest in these bargain suburbs closest to the CBD, analysts believe, considering that these areas are already primed for growth. However, recovery on units market may take some time since units are not considered as primary choice among buyers.