New figures show Brisbane’s median house price has dropped slightly, even though most suburbs have recorded a modest rise. The most sought-after homes are in prestigious school catchment zones.
Zak Adkins reports.
Suburbs in Brisbane’s south have become hotspots for young families wanting to live in particular state school catchment zones.
Real estate agents are seeing big spikes in sales in areas including Mackenzie and Wishart.
Jade Keary, Ray White Agent: “It’s usually just at Mansfield. They really want Wishart primary and Mansfield High School, it’s what everyone asks for, that’s really the only schools people are looking for.”
Other high density family-friendly suburbs are also seeing a big increase in new homeowners.
Jade Keary, Ray White Agent: “We definitely have a lot of people when they come through our open homes are telling us they specifically want something in the Mansfield catchment. So certainly huge demands for that there.”
And prices are only going up.
The suburb of Mansfield is booming, as families flock to local schools, adding a premium to real estate prices.
The Queensland Government is reminding buyers the First Homeowners Grant ends on December 31st so it’s time to act now.
Linus Power, Member for Logan: “We do know that this is something exciting for young families. A twenty thousand dollar grant to get into their own home, and to begin producing jobs for tradies and produce more houses on the market.”
Zak Adkins, QUT News.