Wondering about the richest suburbs in Brisbane? Curious about where Brisbane’s elite reside? Well, If you’re intrigued by the city’s most affluent neighbourhoods, you’re in for a treat. In this blog, we will be discussing some of the richest suburbs in Brisbane in 2024.
Brisbane is the vibrant capital of Queensland and is renowned for its beautiful landscapes, historical charm, modern architecture, and unparalleled lifestyle. The richest suburbs in Brisbane are home to the wealthiest residents with world-class lifestyles. Keep reading further to know more about these suburbs in Brisbane.
Teneriffe
Teneriffe is one of the most expensive and richest suburbs in Brisbane in 2024. Located in the capital city of Queensland, this richest suburb in Brisbane is one of the fastest growing in the country. Also referred to as the crown jewel of the suburbs in Brisbane. With an average property value of AUD 2.92 million, Teneriffe is renowned for its sophistication and historical charm. This richest suburb in Brisbane was once an industrial area and has been transformed into one of the richest suburbs in Brisbane in 2024. You will love strolling through the high-end restaurants, beautifully restored warehouses, and tree-lined streets.
| Median house price | AUD 3,850,000 |
| Median unit price | AUD 767,500 |
| Average house rent | AUD 650 per week |
New Farm
With an average property value of AUD 2.62 million, New Farm is another richest suburbs in Brisbane on the list. You will enjoy having food at some of the amazing cafes, world-class restaurants, and unique boutiques. Ideally located along the Brisbane River, this richest suburb in Brisbane is renowned for its lush green spaces, including the expansive New Farm Park, and its lively dining and cultural scene. You can also explore some of the world-renowned museums in Australia located in the vicinity. Escape from your monotonous academic schedule and stroll through the picturesque streets, and elegant and beautifully architectured homes.
| Median house price | AUD 2,785,000 |
| Median unit price | AUD 2,785,000 |
| Average house rent | AUD 799,000 |
| Average unit rent | AUD 400 per week |
Hamilton
Are you crazy about the waterfront residences? Well, you are in the right place! Hamilton is another richest suburb in Brisbane with world-class waterfront apartments offering a comfortable and luxurious lifestyle. With an average property value of AUD 1.90 million, this richest suburb in Brisbane is renowned for capturing the essence of luxury living with its exclusive residences and scenic river views. Known for its upscale real estate and proximity to the Brisbane Yacht Club, this richest suburb will never disappoint you. You will have easy access to the city and surrounding areas while residing in this richest suburb in Brisbane.
| Median house price | AUD 2,257,500 |
| Median unit price | AUD 533,500 |
| Average house rent | AUD 750 per week |
| Average unit rent | AUD 420 per week |
Also Read: Being in the UK, You Should Not Miss Exploring These 5 Scenic Parks That Students Must Explore in Birmingham!
Ascot
Ascot is another richest suburbs in Brisbane with an average property value of AUD 2.44 million. It is an ideal blend of elegance and exclusivity. Ideally situated next to Hamilton, this richest suburb in Brisbane is home to some of beautifully lined homes, grand estates, and leafy avenues. Ascot State School is the jewel of this richest suburb in Brisbane. Some of the top libraries in Australia are located in the vicinity of this richest suburb in Brisbane. Eagle Farm Racecourse is the key attraction here, you should definitely visit.
| Median house price | AUD 2,450,000 |
| Median unit price | AUD 582,500 |
| Average house rent | AUD 760 per week |
| Average unit rent | AUD 395 per week |
Bulimba
With its ideal location in the proximity of the CBD, Bulimba is another fantastic and richest suburb in Brisbane. The cottage-styled homes, a family-friendly atmosphere, and a vibrant community, this richest suburb in Brisbane is a preferable choice for international students. With an average property value of AUD 1.85 million, Bulimba features the popular Oxford Street precinct with its boutique shops, cafes, and restaurants. You will love the blend of modern conveniences and traditional charm and an ideal choice for those seeking a luxurious and welcoming environment. You can try many popular Australian dishes in the country in some of the famous restaurants in Australia located in the vicinity.
| Median house price | AUD 1,865,000 |
| Median unit price | AUD 800,000 |
| Average house rent | AUD 800,000 |
| Average unit rent | AUD 495 per week |
Further Read: If you are planning to move to the UK, then you must read Cheapest Cities to Live in the UK for International Students!
FAQs About the Richest Suburbs in Brisbane
The richest suburbs in Brisbane are Teneriffe, New Farm, Ascot, Hawthorne, Hamilton, and Bulimba. These areas are renowned for their high property values and luxurious living conditions, reflecting a blend of historical charm, modern amenities, and prime locations.
Teneriffe is considered one of the richest suburbs in Brisbane due to its average property value of AUD 2.92 million. Its transformation from an industrial area to a trendy, upscale neighbourhood has attracted high-net-worth individuals.
Most of these suburbs in Brisbane are relatively close to the city centre, which can be convenient for students. Teneriffe and New Farm are particularly close, making them ideal for easy city access. Suburbs like Ascot and Hamilton are a bit further out but still offer good transport links and a comfortable lifestyle.
These richest suburbs feature a variety of property types, including grand estates, modern apartments, and beautifully restored homes. If you’re a student thinking about future housing or just exploring architectural styles, these suburbs offer an ideal choice.
Ascot, with an average property value of AUD 2.44 million, is known for its grand homes and leafy streets. It is also close to prestigious schools and the Eagle Farm Racecourse.
Hope you liked reading about the richest suburbs in Brisbane. Reach out to Fly Homes now at 1800572118 to secure the finest accommodation abroad.
