Property Values Soar Across Brisbane
Queensland Government released new land valuations for 18 LGAs last week showing significant growth in 80 per cent of Brisbane suburbs.
In the Brisbane area alone, the median rise in value is 7.1 per cent to $455,000. The top suburb in the list is Rocklea, which saw an increase in 31 per cent. Inner city suburbs have seen moderate increases too with Woolloongabba's land value rising 26.1 per cent. Of the 180 suburbs in Brisbane, one-fifth of them did not see a rise in value, and only Bowen Hills saw a decrease by 1.5 per cent.
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