Auchenflower median house price has risen nearly 20 percent over the past 12 months even as Greater Brisbane house price growth remained flat, according to the latest Domain report.

The Q1 2019 Domain house price report shows that Brisbane house price growth has flatlined over the last 12 months to March 2019, falling 0.3 percent year-on-year, for a median house price of $563,666. Several suburbs, however, managed to register surprising price growth led by Auchenflower.

Auchenflower house price registered 19.2 percent year-on-year growth to end Q1 2019 with a median price of $1,275,000 whilst its five-year price growth stands at 58.9 percent.

As for its exceptional price growth, experts point to Auchenflower’s appeal to families looking for classic Queenslander, easy access to the CBD, and great schools. Auchenflower even overshadowed neighbouring Paddington which fell 0.7 percent with a median house price of $1,062,500.

Quarter-on-quarter, Brisbane median house price fell 1.1 percent, slightly better than Sydney, Melborne, and Perth, which fell 3.1, 2.4, and 2.5 percent, respectively. Among capital cities, only Hobart saw an uptick in its median house price, rising 3.1 percent quarter-on-quarter and 7 percent year-on-year.

Newport and Highgate Hill, on the other hand, led the list of suburbs with the steepest median price declines, falling 13.5 and 10.6 percent, respectively. Cannon Hill, Morningside, Greenslopes, Indooroopilly, Upper Caboolture, Yeronga, Ningi, and Corinda round out the list.

The top suburbs for house price growth according to Q1 2019 Domain house price report:

Suburb / Q1 2019 Median Price / YoY Growth

  • Auchenflower ($1,275,000 / 19.2%)
  • Burpengary East ( $600,000 / 17.8% )
  • Brookwater ( $825,000 / 16.1% )
  • North Ipswich ( $367,500 / 14.5% )
  • Sandgate ( $757,500 / 13.1% )
  • Woody Point ($500,000 / 13.1% )
  • Spring Mountain ($507,500 / 11.5%)
  • Eagleby ($360,000 / 11.1%)
  • Hemmant ($550,000 / 11.1%)
  • Nudgee ($650,000 -/ 10.9%)