5 Brisbane Properties Under $1 Million
Inner-city abodes under the seven-figure mark.
4 min
3305/111 Mary Street, Brisbane City, QLD
Epitomising prestige and effortless living comes this elegant 2-bedroom, 2-bathroom, 1-car apartment on the 33rd floor of the renowned Westin Brisbane.
Here, herringbone floors, a deluxe kitchen – with stone benchtops, gas cooking and sleek cabinetry – and an intimate dining area decorate the main living zone.
Elsewhere sees a separate home office and two well-scaled bedrooms replete with two stunning bathrooms – the master is complete with a walk-in robe and its own ensuite with balcony access.
Further, the home boasts a spectacular view over the CBD that graces you through floor to ceiling windows.
Located in ‘Mary Lane’, the home offers the ultimate in inner-city living, nearby to boutiques, dining and gardens literally at your feet.
The listing is with Ray White Metro North, POA; raywhitemetronorth.com.au
35/110 Macquarie Street, Teneriffe, QLD
Set in the original Woolstore residence comes this opulent apartment in Brisbane’s secure Teneriffe Village.
With soaring ceilings, exposed beams and brickwork complemented by hardwood timber flooring throughout, the generous floorplan comprises of 3-bedrooms, 2-bathrooms and a single car space.
Inside sees open plan living, with a spacious kitchen complemented with oversize windows for streams of natural light.
A generous master suite offers luxurious accommodation with its own walk-in-robe and ensuite while two additional bedrooms and a bathroom make up the rest of the residence.
Elsewhere a separate study with built-in cabinetry informs the space.
The listing is nearby to the Gasworks and James street entertainment precinct while the CBD is less than 3km away.
Listing is with Ray White New Farm; rwnf.com
41/30 Macrossan Street, Brisbane City, QLD
Positioned riverside in the centre of Brisbane comes this stylishly renovated 3-bedroom, 2-bathroom, 1-car apartment.
Generous living and dining spaces transition through floor to ceiling glass doors while the modern kitchen – complete with quality appliances – offers a focal point and plenty of storage.
Elsewhere the homes master suite offers its own balcony, walk through robe, floor-to-ceiling mirrors and a luxe ensuite with dual basins.
A further two bedrooms with built-in robes round out the apartment’s offering.
With Brisbane’s riverwalk at your doorstep, it’s only a short walk to the newly completed Howard Smith Wharves, Eagle St Pier and all the best Brisbane’s CBD offers
The listing is with Place Brisbane, $880,000; eplace.com
204/14 Helen Street, Teneriffe, QLD
Situated on the second level in Obsidian apartments comes one of only thirteen residences within the boutique building.
Inside, arrives intelligent design, beautifully crafted interiors set within an impressive location.
Streamlined design, ceramic details, burnished gold accents and more invites you to relax and entertain in style on the private outdoor terrace.
An open plan living, and dining is the feature of the 3-bedroom, 2-bathroom, 2-car apartment, with the kitchen a focal point.
Elsewhere the oversized covered balcony featuring a built-in barbecue makes it the ideal entertainer.
Accommodation includes a generous master bedroom with a large robe space, internal feature fittings, shoe cabinet and more.
Further, two additional bedrooms, fitted with built-in robes complete the residence.
The home is a leisurely stroll from a plethora of renowned dining options and boutiques, this exceptional apartment is also close to the Teneriffe Ferry Terminal and river walk.
The listing is with Place Kangaroo Point; eplace.com
4805, 222 Margaret Street, Brisbane City, QLD
Located in the heart of Brisbane’s CBD, within the sky-piercing 274-metre tall Brisbane Skytower comes the expansive 3-bedroom, 2 bathroom, 1 car garage abode on level 48.
Inside sees double glazed glass panels with floor to ceiling views of the city bringing light into the open plan living area.
Here, one finds the contemporary kitchen with quantum quartz benchtop, Ilve appliances and plenty of storage.
For accommodation, the home sees three spacious bedroom with an ensuite in the master.
Inside this luxury brisbane apartment complex comes an infinity pool, five-star resort recreational deck for entertaining, a gym and indoor pool located in the heart of the CBD.
The listing is with Yong Real Estate, $938,500; yong.com.au
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Capital cities lead the way as median home values see clear upswing
2 min
Home values continue their upwards trajectory, recording the strongest monthly growth in 18 months, CoreLogic data shows.
The property data provider reports that their Home Value Index has noted a third consecutive rise in values in May, accelerating 1.2 percent over the past month. This is on the back of a 0.6 percent increase in March and 0.5 percent rise in April.
Sydney recorded the strongest results, up 1.8 percent, the highest recorded in the city since September 2021. The fall in Sydney’s home values bottomed in January but have since accelerated sharply by 4.8 percent, adding $48,390 to the median dwelling value.
Melbourne recorded more modest gains, with home values increasing by 0.9 percent, bringing the total rise this quarter to 1.6 percent. It was the smaller capitals of Brisbane (up 1.4 percent) and Perth (up 1.3 percent) that reported stronger gains.
CoreLogic research director Tim Lawless said the lack of housing stock was an obvious influence on the growing values.
“Advertised listings trended lower through May with roughly 1,800 fewer capital city homes advertised for sale relative to the end of April. Inventory levels are -15.3 percent lower than they were at the same time last year and -24.4 percent below the previous five-year average for this time of year,” he said.
“With such a short supply of available housing stock, buyers are becoming more competitive and there’s an element of FOMO creeping into the market.
“Amid increased competition, auction clearance rates have trended higher, holding at 70 percent or above over the past three weeks. For private treaty sales, homes are selling faster and with less vendor discounting.”
Vendor discounting has been a feature in some parts of the country, particularly prestige regional areas that saw rapid price rises during the pandemic – and subsequent falls as people returned to the workplace in major centres.
The CoreLogic Home Value Index reports while prices appear to have found the floor in regional areas, the pace of recovery has been slower.
“Although regional home values are trending higher, the rate of gain hasn’t kept pace with the capitals. Over the past three months, growth in the combined capitals index was more than triple the pace of growth seen across the combined regionals at 2.8% and 0.8% respectively,” Mr Lawless said.
“Although advertised housing supply remains tight across regional Australia, demand from net overseas migration is less substantial. ABS data points to around 15% of Australia’s net overseas migration being centred in the regions each year. Additionally, a slowdown in internal migration rates across the regions has helped to ease the demand side pressures on housing.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
