How to push through Brisbane’s goat’s cheese curtain

first_img MORE: Fashion family lists $20m Byron icon More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 62 Park Road, Wooloowin, is on the market priced at offers over $699,000.The existence of the ‘goat’s cheese curtain’ – the cultural divide that separates inner-city hipster suburbs from suburbia – may come down to money, but research shows it is possible for buyers to live in Brisbane’s sweet spot without breaking the bank. 4/31 Hamley Street, Wooloowin, is on the market priced at offers over $645,000.Ms Browne said that with house prices of more than $1 million and Queensland’s median annual income at $82,264 a year, the goat’s cheese circle was tough to break into, but there were still opportunities for people to live within the 6km radius.REA Group statistics show more than 50 Brisbane suburbs are situated within the curtain, yet only about 13 of them have a median house price of more than $1 million.The median sales price in the inner city at $691,236 is only $120,639 more than outside the curtain ($570,597), although this figure includes apartments, which are relatively cheaper than houses and generally more prolific in the inner suburbs. When it comes to renting, the median rent within the curtain is $487, according to Finder, compared with $449 outside. “Wooloowin and Gordon Park are two of the more affordable suburbs in Brisbane to rent in. Check out these areas if you’re on a budget but like the idea of being within the realm of the goat’s cheese curtain,” Ms Browne said.“Choosing a not so popular suburb a few over from a popular one is a good strategy as often those areas are the ones most likely to become more desirable over the years, but are more affordable at the moment.” Suburbs within the goat’s cheese curtain 62 Park Road, Wooloowin, is a three bed, one bathroom, one car park property within the goat’s cheese curtain.The term goat’s cheese curtain was coined by demographer Bernard Salt to describe the expensive suburbs that lie within a 6km radius of a city’s CBD. Among those in Brisbane are Kangaroo Point, New Farm, Newstead, Paddington, Dutton Park, Hamilton, Ascot, Clayfield and Teneriffe, Queensland’s most expensive suburb.Kate Browne, a spokeswoman for Finder, a comparison website, said stereotypes by suburb would always exist. “What type of restaurants, range of food stocked at your local supermarket and the average residents’ age can influence one’s perception of a suburb,” she said. “This divide might also be a flow on from the typical rivalries that form between schools in different areas. Nothing like a little bit of harmless sporting competition to build walls between suburbs.” Bargain suburbs where homes sell under $500k Within 1km of the GPO Brisbane City, Spring Hill, Kangaroo Point, Fortitude Valley 2km South Brisbane, New Farm, Bowen Hills, East Brisbane, Milton, Teneriffe, Kelvin Grove 3km Herston, Newstead, Highgate Hill, Woolloongabba, Red Hill, West End, Paddington, Auchenflower, Dutton Park, Norman Park, Hawthorne, Bulimba4km Balmoral, Windsor, Wilston, Stones Corner, Newmarket, St Lucia, Toowong, Albion, Coorparoo, Morningside5km Ashgrove, Greenslopes, Annerley, Grange, Bardon, Hamilton, Taringa, Lutwyche, Camp Hill, Alderley6km Ascot, Wooloowin, Yeronga, Gordon Park, Clayfield, Enoggera, Cannon Hill, Indooroopilly, Stafford, Holland Park West. FOLLOW SOPHIE FOSTER ON TWITTER Brisbane home prices climb to record highlast_img

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