The Brisbane property market is not as unaffordable as many may think. We reveal the 75 cheapest suburbs

first_imgTim Guest renovated his Liechardt home and sold it within two days of going on the market. Picture: AAP Image/Steve Pohlner.THE Brisbane property market is not as unaffordable as many may think, with new figures revealing 75 suburbs with a median house price of $400,000 or less.In the greater Sydney region there is only one suburb with a median house price of $400,000 or less — Spencer which is in Gosford — while the Melbourne region has seven suburbs within that price range.The majority of the Brisbane suburbs are within the Ipswich, Logan or Moreton local government areas.Although Ellen Grove with a median house price of $291,000, sits within the Brisbane City Council region. The cheapest median house prices (of mainland suburbs) were found at Leichhardt where there were 87 houses sold in the past 12 months. Of those half sold for below the median house price of $238,000.Cheap, doesn’t necessarily mean nasty according to agent Gai Flynn of First National Real Estate Action Realty — Ipswich.Ms Flynn said the Leichhardt area was proving popular with a variety of buyers at the moment.“We are seeing a lot of investors presently looking in the market and we do a lot of business with buyers’ agents actually from down south,’’ she said.“They are hunting for properties in our area because it is so much more affordable. We are also getting a of first home buyers, it’s a real mixed bag. Affordability is one of the key reasons to move here.“Depending what people want in Leichhardt for instance you can pick up a nicely renovated home in the $240,000 to $250,000 range at the moment.’’She has just put under contract a home at 20 Flinders Drive, within two days.The home, which was advertised for $309,000 was renovated and had a swimming pool.Owner Tim Guest, bought the house seven years ago and moved into it in recent years.“I bought it and the bones were really good, and then I did do quite a bit of work on it when I was there,’’ he said.“But buying it was really cheap and it was really liveable you could have lived there without doing anything.’’He said new housing estates were being developed in the area which also helped lift prices of existing properties.“What I hear from many people is they have been looking around the Brisbane area, then when they come out that little bit further and look at Ipswich houses they see the value that you that you can buy such a good house in Ipswich because its that little bit cheaper.’’The latest Hotspotting Cheapies with Prospects report identifies many areas of greater Brisbane where housing is still affordable.Terry Ryder of Hotspotting said suburbs within the Moreton Bay Council area had the strongest potential for price growth.“The significance of these areas in the residential market has grown because affordability has become the headline issue in the housing industry,’’ he said.“This is one reason why the cheaper areas of our capital cities have recorded good capital growth over time. First-home buyers, investors and others have targeted areas with affordable prices.’’Mr Ryder said cheaper areas undergoing gentrification were among the strongest performers on price growth in our major cities.Said the Moreton Bay region was the strongest market in Brisbane, there was $980 million to be spent on new infrastructure and transaction numbers were up.Five of the core suburbs of this region, Caboolture, Morayfield, Kallangur, Narangba and North Lakes have each sold more than 400 houses in the past twelve months, three of the five had median house prices below $380,000.Visit: couriermail.com.au for the full list of 75 suburbs THE REGION’S CHEAP AND CHEERFUL SUBURBS LAMB ISLAND – $185,000RUSSELL ISLAND – $199,500LEICHHARDT – $238,000MACLEAY ISLAND – $242,500RIVERVIEW – $247,000DINMORE – $250,000GAILES- $250,000EBBW VALE – $255,000ONE MILE – $255,004CHURCHILL – $265,000NORTH BOOVAL – $267,000EAST IPSWICH – $268,500BASIN POCKET – $270,000MARBURG – $279,000NORTH IPSWICH – $280,000ROSEWOOD – $280,000TIVOLI – $282,500COOCHIEMUDLO ISLAND – $290,000ELLEN GROVE – $291,000BOOVAL – $295,000WULKURAKA – $302,000BUNDAMBA – $302,500SILKSTONE – $305,000CABOOLTURE SOUTH – $307,500WOODRIDGE – $310,000REDBANK – $315,000EAGLEBY – $315,000BLACKSTONE – $316,000KINGSTON – $317,000RACEVIEW – $320,000WALLOON – $320,000LOGAN CENTRAL – $320,000EASTERN HEIGHTS – $323,500GOODNA – $325,000NEWTOWN – $327,500COALFALLS – $335,000REDBANK PLAINS – $335,000CABOOLTURE – $335,000CRESTMEAD – $335,500More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus20 hours agoRIPLEY- $337,750BEENLEIGH – $337,750COLLINGWOOD PARK – $340,000BRASSALL – $342,000BELLMERE – $342,500BORONIA HEIGHTS – $350,000DUNWICH – $350,000MORAYFIELD – $352,000SADLIERS CROSSING – $353,000BROWNS PLAINS – $353,500DECEPTION BAY – $355,000SLACKS CREEK – $357,750TOORBUL – $359,000FLINDERS VIEW – $360,000IPSWICH – $360,000INALA – $362,500BETHANIA – $364,000YAMANTO – $365,000MARSDEN – $365,000BELLARA – $365,000WILLOWBANK – $367,500WATERFORD WEST – $368,000BEACHMERE – $377,500BELLBIRD PARK – $383,750LOGANLEA – $384,250KALLANGUR – $385,000EDENS LANDING – $386,500HILLCREST – $387,500WOODEND – $390,000MOUNT WARREN PARK – $393,000WOODFORD – $395,000REGENTS PARK – $396,500CAMIRA – $400,000LOGAN RESERVE – $400,000D’AGUILAR – $400,000LAWNTON – $400,000Source: CoreLogiclast_img read more

Syracuse football recruiting: Dino Babers lands 1st commit, 2016 OL Airon Servais

first_img Published on December 8, 2015 at 5:47 pm Contact Paul: [email protected] | @pschweds Related Stories Syracuse football recruiting: Dino Babers will prioritize northeast talentNew SU recruiting policy complicating management of scholarshipsSyracuse football recruiting: Offensive tackle Sam Heckel becomes 11th member of Class of 2016Class of 2016 offensive tackle Cam DeGeorge discusses commitment to SyracuseSyracuse football recruiting: Class of 2016 offensive tackle Noel Brouse verbally commits to Syracuse AdvertisementThis is placeholder textServais also had offers from 11 other schools according to Scout.com, including Bowling Green, where Babers was the head coach until Saturday, as well as Eastern Illinois and Harvard.Servais is the fourth offensive lineman in Syracuse’s 2016 class, joining Cam DeGeorge, Noel Brouse and Sam Heckel. The Orange’s previous coaching staff told Heckel that only one spot remained in the class before Heckel committed.Servais is SU’s first commitment since Oct. 5. Comments Class of 2016 offensive lineman Airon Servais has verbally committed to Syracuse, he tweeted on Tuesday afternoon. His commitment is the Orange’s first under head coach Dino Babers and is SU’s 16th member of its 2016 class.Syracuse’s offer was his first Power Five offer, per multiple recruiting services. The 6-foot-6, 270 pound Ashwaubenon (Wisconsin) High School product is listed as having two stars on Scout.com. Facebook Twitter Google+last_img read more