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The way to go would be to look at the areas that are close to the "Blue-Chip"burbs,you wont buy into West-End for 550k,nor Highgate Hill,but goGreat post. Can I buy a respectable 3 bedroom house for $550k in any of these blue chip areas in a "blue chip" street if that makes sense and what would my expected rental be? If not, what "2nd tier" blue chip suburbs should I be looking at at this price range? Thanks.
.....most of those small so called blue chip areas may only have 4-6 street where the real high end values are the rest are just smoke and mirrors..imho..willair..http://abs.gov.au/ausstats/[email protected]/mf/8731.0
It's funny you mentioned these suburbs without mentioning Chelmer (on the 'good' side of the tracks!).
OK "2nd tier" blue chip suburbs are more like what everyone is quoting you.
Graceville; Chelmer; Brookfield; Anstead; Ashgrove.......and the list goes on..................
$550k, in these suburbs? Not likely unless it's a renovator.
Chelmer, Graceville.
Laurel Avenue, Chelmer is noted as one of Brisbane's "best" streets.
Marg
Brookwater you say!
Do you really think it's a standout given it's location and local services?
(Not calling you out, just asking from the perspective of someone who is from vic and living in WA.)
The way to go would be to look at the areas that are close to the "Blue-Chip"burbs,you wont buy into West-End for 550k,nor Highgate Hill,but go
out a few klm's,Dutton Park-Annerley-you may still buy below 500k
I think Brisbane's only true blue chip suburbs would be Ascot, Hamilton and Clayfield. The other suburbs certainly have pockets of blue chip, but they aren't comparable to Brisbane's big three.