Alderley Market Place

Alderley real estate agents Madeleine HicksThis elevated character home at 18 Welbeck Street, Alderley, is listed for $1.35 million.

North west of the CBD and nestled in between Ashgrove, Newmarket, Grange and Enoggera is Alderley, one of Brisbane’s older suburbs that boasts excellent transport links thanks to the local train station and a host of parks, playgrounds and new amenities like shopping centres. It’s about a 13-minute drive to the CBD outside of peak hour.

The highest house sale ever recorded in Alderley is for its most revered property, “Farrington”, a heritage-listed circa 1880s house at the top of the hill at David Street, which changed hands in 2003 for $3.15 million. Typically, many Alderley houses are character timber homes, although the subdivision of large blocks is seeing more contemporary homes built in recent years.

It has a median house price of $800,000 after experiencing excellent growth over the past two years – over the last 12 months it’s grown by 6.3 per cent and last year it grew by 10.4 per cent.

The Alderley secret’s well and truly out.

Because it’s along the train line, buyers are expecting that capital growth.  It’s a really cool suburb in the sense that there’s a real mix of buyers and I’d say there’s currently a big push from first home buyers and investors wanting to get into the next boom suburb … but entry level Alderley is snapped up immediately.

Recently a house at 14 Denman Street Alderley, sold the first weekend it opened, for $660,000.

Young couples and families are attracted to the area and once they secure the location, are happy to sit on these properties for a number of years, knowing they can renovate or extend them years later.

Many of the original Queenslanders on large blocks have been subdivided, so the suburb is now a mix of older character homes, large contemporary houses and boutique townhouse developments.

Madeleine Hicks real estate alderley specialists

Location

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Sales Results

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Data sourced from Domain as at December 2017

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