Australia’s best lifestyle suburbs

Buyers looking for suburbs which offer the nation’s best lifestyle can expect to pay between $731,000 – $2,615,000 according to new data.

Brisbane suburbs make up seven of the national top ten lifestyle suburbs with the sunshine state delivering not only on proximity to the beach but also other key lifestyle factors such as transit times.

St Kilda West is the nation’s top lifestyle suburb, followed by South Brisbane, Dutton Park, Spring Hilland Kangaroo Point.

St Kilda West also takes out the top slot price wise too, with the highest median house price of $2,615,000 while Corinda in Brisbane has the lowest median price on the national list at $731,000.

For the purposes of this analysis, suburbs are ranked based on a number of factors including proximity to the beach or a river, schools, parks, plus transit and drive times to the nearest CBD. The ABS location database – Australian Statistical Geography Standard 2016 was used for the calculations.

CBD areas were ruled out of the analysis.

Median house prices are taken from Corelogic for the 12 months up until 31st August 2017.

An ABS data standard called the Australian Statistical Geography Standard 2016 was used to calculate the distances within each suburb to these main lifestyle factors such as a park or education facility.

Nationally the list shows some suburbs that buyers may have traditionally overlooked but which have great walkability, according to REA Group Chief Economist Nerida Conisbee.

 

reposted from realestate.com.au

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