Camp Hill on Brisbanes’ southside is around 5-6 km direct line from the city centre and for the past 3-5 years been a hive of activity when it comes to property.
The demand in this suburb has been fuelled by local home buyers due to the fantastic schools and family oriented suburb, and also interstate investors looking for a solid investment opportunity close to the Brisbane CBD.
For anyone that has lived in this area for more than a few years they would have seen many changes in the area, with new builds, renovations, and small subdivisions occurring throughout the suburb. we have seen a significant change in the Demographics as the older generation move out, and the younger move in.
The median sales price for houses in Camp Hill, QLD in the last year was $915,000 based on 186 home sales. Compared to the same period five years ago, the median house sales price for houses increased 41% which equates to a compound annual growth rate of 7.1%. Camp hill has consistently outperformed Brisbanes average annual growth rate and I believe it will continue to do so for years to come.
Camp hill has evolved with an increase in middle to high income earners. Which has in turn has changed the needs and wants of the people living in this area, Old homes no longer rent like they used to, this is also fuelling the renovations and new builds in the area, as the suburb evolves with the changing demographics.
Camp Hill is still a great opportunity for investment and I believe holds strong growth prospects for the future, with Carindale Shopping centre just a few minutes away, the CBD reachable within 15 minutes this suburb is well located to amenities and lifestyle.
If you want a competitive edge in this Hot Market, contact the team at Hot Property Buyers Agency today 07) 3170 3760