By Reshni Ratnam - Courier Mail - Page 55
HOUSE-HUNTERS aren’t wasting time when it comes to snapping up properties in Brisbane’s fastest-selling suburbs. Driven by affordability and proximity to the CBD, a report by Place Advisory has identified Fairfield, Graceville, Chapel Hill, Chermside West and East Brisbane among the top five hot spots.
Fairfield is the fastest-selling suburb across Brisbane for both houses and units, with properties sitting on the market for just 46 days and recording a median sale price of $653,000.
Lachlan Walker, the director of Place Advisory, said the suburb was a popular choice for buyers because of its location, just 5.8km south of Brisbane’s CBD. Mr Walker said Fairfield was known for its easy access to public transport, leafy streets, parks and its close proximity to the University of Queensland.