Auchenflower Makes Big Leap Forward in Most Expensive Brisbane Suburbs List

The 20 most expensive Brisbane suburbs have been revealed and the list saw Auchenflower making a big leap from 12th to third place.

New Farm is once again the top-performing suburb in terms of median house price, according to Domain’s latest report. New Farm’s median house price stands at $1,462,500; enough to grab the top spot despite a 13 percent decrease from $1.7 million in 2018.

Sharing the spotlight with New Farm is Auchenflower, which climbed to third spot with $1.275 million median house price from 12th place a year ago and a $1.11 million median house price. That’s an 11.4 percent increase year-on-year and a whopping 57.4 percent five-year increase. 

Experts attribute Auchenflower’s meteoric rise to a variety of amenities which makes it very appealing to property buyers, particularly the Wesley hospital, Milton State School and the adjacent Frew Park.

Neighbouring Paddington also made the list, ranking 7th with a median house price of  $1,115,500. Other suburbs that made it to the top ten are Bulimba, Chelmer, St Lucia, Fig Tree Pocket, Brookfield, Clayfield, and Balmoral.

The Wesley Hospital, Auchenflower 
Photo credit: Kgbo [CC BY-SA 4.0 (] / Wikimedia Commons

Greater Brisbane property market remained uneventful in the September quarter, however, with median house price falling 1.0 percent and median unit price shedding 3.4 percent — this makes Brisbane units market the fourth most affordable of the capital cities in Australia.

The top 20 most expensive Brisbane suburbs according to Domain:

SuburbMedian House Price
New Farm$1,462,500
Bulimba $1,305,500
Chelmer $1,209,500
St Lucia$1,162,500
Fig Tree Pocket $1,120,000
Paddington $1,115,500
Brookfield $1,085,000
Clayfield $1,047,500
Balmoral $1,025,000
Hawthorne $1,015,000
Rochedale $1,009,444
Hendra $1,007,000
Ashgrove $970,000
West End$945,000
Bardon $935,000
Indooroopilly $925,000
Graceville $912,000
Grange $910,000
Camp Hill$905,000