Does anyone here know anything about Brisbane and its Southern or Bayside suburbs?
Wasp
**************************************************Its not what you earn but what you do with what you earn
Brisbane has quite a few southern and bayside suburbs, can you be more specific?
Lena
As Lena mentioned, you will probably have to be more specific, there are many southern Brisbane suburbs and quite a few bayside suburbs as well.
Not only are there are a large number of suburbs, but the southside in particular has a massive variance in suburban ‘desirability’ (and therefore price). It contains some of the best suburbs in Brisbane (Robertson etc) and some of the worst (Eagleby, Beenleigh and so on).
Regarding bayside areas, most of the suburbs would be regarded as desirable and have a high percentage of owner occupiers. Rental yields are low at present, but much of the bayside has perfomed better in terms of capital gains when compared to the rest of Brisbane during a very flat period in the Brisbane property market. Manly, Wynnum, Wellington Point, Victoria Point and Cleveland could all be grouped in this category. Raby Bay (adjacent to Cleveland) would probably be the most prestigious bayside suburb, almost impossible to find a decent house for under $1 million these days. Ironically areas of Raby Bay (and Hope Island/Sanctuary Cove, a very swish area further south) are situated on land which 30 years ago consisted of mudflats!.
If you have some particular suburbs in mind post them here and i’m sure there will be no shortage of Brisbanites willing to give you an opinion.
Jamie
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