Kippa-Ring firms as suburb to watch in 2019
KIPPA-RING’S spot on an elite list of Australian suburbs to watch this year has been confirmed with two houses breaking the suburban house price record in the last months of 2018.
In a stunning end to the year, the near new 66 Centaur Street broke the record by $22,000 when it sold privately for $697,000 on November 19.
The week before Christmas, the brand new five-bedroom house at 38 Kurumba Street sold before its first open home for $710,000.
The Redcliffe Peninsula suburb has been seen as a poor cousin to neighbouring Newport since part of Kippa-Ring was excised to help create Newport in 2008.
The median house price in Kippa-Ring is currently $435,000 compared to Newport’s $770,000, CoreLogic property data shows.
But increased sales demand saw the Price Predictor Index put Kippa-Ring on the national list of hottest suburbs to watch in 2019.
Crown Properties sales associate Cameron Reid sold 38 Kurumba St, and said buyers were missing out on a great opportunity by refusing to look in Kippa-Ring.
“People are paying big dollars for Newport homes and 150m away we have sea breezes and water views and big parcels of land.”