Stamp-sized suburbs have a huge impact when real estate prices rise

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The view of the CBD can be seen from the deck at 22 Dilkera Street in Balmoral.Picture: Provided/Placed


Empty nesters Jodi and Warren Harris are selling their homes in Brisbane’s hottest real estate suburbs and are not interested in re-entering the overheated market in the short term because they are weighing the next steps. Action.

According to the latest CoreLogic data, in the real estate sector of Greater Brisbane, the stamp-sized Balmoral is the best “pound to pound” suburb.

The view of the CBD can be seen from the deck at 22 Dilkera Street in Balmoral.Picture: Provided/Placed

The view of the CBD can be seen from the deck at 22 Dilkera Street in Balmoral.Picture: Provided/Placed


The value of the 1.3-square-kilometer suburb increased by 11.2% in the March quarter, surpassing the nearby Seven Hills (11.1%), Carindale (10.7) and the famous downtown Red Mountain (10.2%).

Ms. Harris was pleased with this, but was not surprised. The suburb is located between the famous Bulimba, Hawthorne and Morningside, only 1.3 square kilometers, topping the list.

She said that in the 13 years they lived in Balmoral, they raised two children. They had heard of Balmoral when they crossed the road with many people, but could not point it out on the map. .

Empty nest box

Jodi and Warren Harris empty nest boxes, sold in Balmoral, the quarterly increase was the highest of all suburbs in Brisbane. Picture: Jamie Hanson


Empty nest box

Jodi and Warren Harrisin in the backyard of their Balmoral home. Picture: Jamie Hanson


She said: “When people ask you where you live and you say Balmoral, their next question is’Where is that?’ and you mention Bulimba, they all know.”

“In fact, some people think you are talking about Balmoral in New South Wales.”

The suburb may be a bit elusive for some people, but people have a keen interest in this four-bedroom, two-bath, two-car house. At 22 Dilkera Street, you can enjoy the wonderful view of the CBD. The auction took place at 5 pm on Saturday, said Joanna Gianniotis, the real estate agent of Brimba Square.

Balmoral may be a small suburb, but it is full of shocks in real estate.Picture: Provided

Balmoral may be a small suburb (1.3 square kilometers), but it is full of shocks in real estate.Picture: Provided


Ms. Gianniotis said that it is located at the entrance of the high-end Bulimba, within 900m of the CityCat ferry station, and has a hill with the “highest elevation”, with panoramic views of the horizon.

She said that this is a mature area with all the decorations of Bulimba, without the high prices that the suburbs attract.

Local real estate agent Joanna Gianniotis said the “extremely high altitude” of Balmoral Mountain provides uninterrupted views of the CBD, which is a major attraction of the area.Picture: Provided


Ms. Gianniotis said: “It’s cheaper to buy things in Balmoral than Bulimba or even Hawthorne.”

“It can grow rapidly because it is close to two suburbs with the same vitality, such as the school, CityCat, Oxford Street and the gateway to the gateway.

“It also has a very high altitude on the Balmoral Mountain with its urban landscape, and it will not disappear over time.”

She said many price increases were the result of fierce competition from outside Queensland. “

The rear of 22 Dilkera St Bulimba will be auctioned on Saturday.Picture: Place

The rear view of 22 Dilkera St Bulimba will be auctioned on Saturday.Picture: Place


“We are consulting more and more interstate and overseas, and we are consulting more and more Balmoral,”

Although Harris will take time to decide where to settle next, there is no doubt that it will be close to the bike lane.

For the past ten years, Ms. Harris has been participating in charity events for Tour de Cure, raising more than $160,000 in the process.

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