Where do rich people go in Brisbane? (2024)

Where do rich people go in Brisbane?

Queensland's super rich are most prevalent in the Ascot-Hamilton and Kenmore-Brookfield areas in Brisbane and up and down the Gold Coast, if registration data by postcode for super luxury cars – Rolls Royce, Bentley, Ferrari and Lamborghini – are a reliable indicator (see maps below and my post from Sunday for details ...

BRISBANE is home to more than 25,000 millionaires but Sydney is the clear cashed-up capital of the country. The rich residents of Queensland's largest city include 236 in the ultra-wealthy category of people with at least $30 million of assets in addition to their main home.

5. Which city in Australia has the most Millionaires? The largest city and the sixth overall best place to live in Australia, Sydney, has the highest number of millionaires.

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According to Property Value by CoreLogic, the median price of houses in the following suburbs tipped over one-million dollars in the last twelve months: Mermaid Beach ($1.4million) Main Beach ($1.6million) Broadbeach Waters ($1.1million)

Logan Central is one of the cheapest suburbs to rent in Brisbane, with the average house rent at $323 per week and the average unit rent $260 per week. Yet for landlords, the rental yields are strong at 5.8% and 8.8% respectively.

What is the safest suburb in Brisbane?

Just 2km from Brisbane's CBD, covering more than a square kilometre of prime real estate and with a median house price of just over $1 million, you'll find the city's most packed suburb — Kangaroo Point. Kangaroo Point is the most densely populated suburb in Brisbane, according to ABS.

Mercer's Cost of Living Survey for 2021 saw Brisbane ranked 81st most expensive city out of the 209 cities surveyed. This is considerably lower than Sydney in 31st.

Inner south suburbs to live that are popular are Woolloongabba, West End (a very walkable suburb), Kangaroo Point and South Brisbane. Moving a little further south there is Fairfield, Coorparoo, Camp Hill, Cannon Hill, Mount Gravatt and the evergreen Holland Park, Tarrigindi, and the southern suburb of Greenslopes.

South Brisbane has been named Queensland's most lifestyle-friendly suburb and, with its proximity to the South Bank precinct, vibrant dining scene, lush parklands and public transport options, it's easy to understand why.

Queensland's most expensive mansion has $50m price tag with Bentley, boat included. Queensland's most expensive mansion is back on the market — this time with an eye-watering $50m price tag plus a flashy car and a 55ft superyacht thrown in.

The most populated suburb is Southport at 31,908 and the largest suburb by area is Numinbah Valley at 100.6 km2.

What are the richest suburbs in Australia? The highest-earning suburbs in Australia are Cottesloe and Peppermint Grove in Western Australia, based on the ATO's latest taxation figures.

What is the poorest city in Australia?

In 2016 the Australian Taxation Office listed Mungallala as having the lowest mean taxable income by postcode, making it the poorest town in Australia, which led the ABC to do a documentary on the town for their online "storyhunters" program.

Logan Central is one of the cheapest suburbs to rent in Brisbane, with the average house rent at $323 per week and the average unit rent $260 per week. Yet for landlords, the rental yields are strong at 5.8% and 8.8% respectively.

Prestigious suburb

Bridgeman Downs is one of the northside's most desirable suburbs and has long been associated with wealth and prestige.

East Brisbane is a prestigious and highly desirable blue-chip residential location. With homeowners holding their property for an average of 15 years, it is one of Brisbane's most tightly held suburbs. East Brisbane is a prestigious and highly desirable blue-chip residential location.

Median prices in Sandgate

The Sandgate median house price is $1,050,000 based on 56 sales in the past 12 months. The median unit and apartment price is $554,500 based on 14 sales in the past 12 months.