Hello Everyone,
I have an IP in Sandgate and realize that southern bayside suburbs such as Manly, Wynnum are generally valued higher than the Northside bayside areas like Shornecliffe, Sandgate & Brighton.
On paper they seem very similar
- both serviced by train lines
- similar distances to the CBD
- both are adjacent to the bay/water
It seems the general sentiment is that Northern Brisbane suburbs are somewhat more desirable than South (similar to Sydney Northwest vs Southwest). So why is it the opposite when it comes to the Brisbane bayside?
I'm interested in some local opinions on why this price differential would exist as i'm from Sydney and don't really know Brisbane bayside intricacies too well.
Interested in your thoughts on this.
Regards,
Q
I have an IP in Sandgate and realize that southern bayside suburbs such as Manly, Wynnum are generally valued higher than the Northside bayside areas like Shornecliffe, Sandgate & Brighton.
On paper they seem very similar
- both serviced by train lines
- similar distances to the CBD
- both are adjacent to the bay/water
It seems the general sentiment is that Northern Brisbane suburbs are somewhat more desirable than South (similar to Sydney Northwest vs Southwest). So why is it the opposite when it comes to the Brisbane bayside?
I'm interested in some local opinions on why this price differential would exist as i'm from Sydney and don't really know Brisbane bayside intricacies too well.
Interested in your thoughts on this.
Regards,
Q