The Ipswich suburb of Redbank Plains has topped the list of Top 10 suburbs for house sales across Queensland in the latest property report. The Property Market Update Q2 2024 report from prop tech firm InfoTrack has named the suburbs with the highest volume of house and unit sales, from 1 April to 30 June this year. Redbank Plains is just 34 kilometres from the Brisbane CBD and made its last appearance in the Top 10 in Q3 2023.
InfoTrack’s spokesperson Sandra Falzon said the area has great buyer appeal.
“Redbank Plains is a great commuter suburb with both the Ipswich Motorway and the Centenary Highway within easy access. Given its convenient location, and its relative affordability, it’s not surprising to see it has topped the list of house sales,” Ms Falzon said.
Moreton Bay has also proved popular, with the suburb of Morayfield coming in at number two on the list, Caboolture at number five, and Narangba at number 10. InfoTrack’s report shows the Townsville suburb of Kelso has entered the Top 10 for the very first time and sits at number nine. Kirwan, also located in Townsville, has made a consistent appearance in previous quarters, and comes in at number three. Also appearing in the Top 10 is the Gold Coast’s Pimpama at number four, the Sunshine Coast’s Buderim at number six, Logan’s Yarrabilba at number seven, and Rockhampton’s Gracemere at number eight.
InfoTrack’s data also shows the Gold Coast region made a big impact for unit sales last quarter, with Surfers Paradise coming in at a very solid number one once again.
Three other Gold Coast suburbs made Queensland’s Top 10 list for unit sales, including Southport at number three, Pimpama at number eight, and Hope Island at number nine.
Also, of note this quarter for units is the appearance of Nundah in Brisbane’s north, which has made the list for the first time in three years, coming in at number 10.
“Nundah has seen many new residential developments and is the height of convenience and connectivity. It’s just nine kilometres from the Brisbane CBD, serviced by two train stations, and close to the domestic and international airports,” Ms Falzon said.
The InfoTrack figures show houses have retained their position as the most popular property type in Queensland with a share of nearly 60 per cent (%). Strata units had a 26.47% share.
The full report can be viewed here.
