THESE three Queensland suburbs are housing the state’s next property millionaires, according to data crunched by realestate.com.au.
According to realestate.com.au analysis of CoreLogic trends over the last three years, the next suburbs to cross the million-dollar median line mark a large triangle stretching from Central Queensland through to the New South Wales border and the capital city.
For its sure bets to hit $1m median house prices in the next six months, REA backed Paddington in inner Brisbane, Castle Hill in Townsville and Tallebudgera in the southmost part of the Gold Coast.
The first to cross the line to $1m was Townsville’s premier suburb, Castle Hill, which was expected to hit a seven digit median within the next two or so weeks.
Its current median price was $950,000 with the forecast that it would be $1,040,105 in November.
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Ben Ittensohn in high demand Paddington which was the only Brisbane suburb realestate.com.au expected to go back into the million-dollar median list by January.
READ MORE VIA REALESTATE.COM.AU