Auchenflower : Among Top Brisbane Suburbs for House Price Growth from 2008 – 2018

Leafy suburb Auchenflower is home to some of Brisbane’s popular restaurants, bars, and the heritage-listed — “Moorlands.” Auchenflower has also earned the distinction as one of the most resilient suburbs in Brisbane which recorded phenomenal house price growth from 2008 – 2018, according to the latest report.

Auchenflower posted a house price growth of 73.5 percent for a 2018 median house price of $1,145,000 from $660,000 in 2008, according to the latest report from Domain Group.

There were 77 houses sold from 1 Feb 2018 – 1 Feb 2019, bringing the median house price in Auchenflower to $1,065,000, which is up by $303,500 from its 2010 level and is more than double the Queensland median house price of $490,000, data from realestate.com.au says.

Moorlands in Coronation Drive, Auchenflower | Photo Credit: Ismuca1 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

Aside from Auchenflower, a number of other Brisbane suburbs also managed to stay afloat despite the challenges that came and went between the period of 2008 to 2018. Several of these suburbs performed exceptionally well and recorded outstanding house price growth, according to the latest report from Domain Group.

New Farm was the top suburb for house median price growth with an increase of 76.2 percent, from $900,000 in 2008 to $1.586 million by the end 2018. Joining New Farm are Bulimba (74.1%), Auchenflower (73.5%), Wishart (65.1%), Hendra (63.3%), Grange (63.2%), Hawthorne (62.5%), Sunnybank (62.4%), Camp Hill (59.8%), and St Lucia (58.0%).

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Other suburbs which posted strong price growths from 2008-2018 are Alderley (56.9%), Norman Park (55.7%), Upper Mount Gravatt (54.7%), Paddington (52.4%), Kuraby (52.4%), Tarragindi (52.3%), Mansfield (52.2%), Greenslopes (51.7%).

Property experts attribute these exceptional growths to several factors such as pleasant amenities, good schools, urban renewal, open spaces and sporting facilities, and the quality of housing and renovations.