On Property Podcast

Is the Rocklea/Acacia Ridge area a good area to invest in? Do you notice good growth in that area and why? Acacia Ridge is a southern suburb in the City of Brisbane. It's a suburb that has been consistently ticking away and gentrifying. In the last 10 years it's outperformed Brisbane's overall growth with a reported 3.39% average annual growth rate according to Top Suburbs. A few years ago about a third of Acacia Ridge was rezoned to allow for low to medium residential and high-density residential. This opens up the opportunity for more development in the area which may partly explain its above average growth over the years. 5-10 years ago driving through the suburb was extremely different than it is now. It was kind of like being in regional Australia. It was very run down, but the government has been selling out one property per month for a few years and there have been developers coming in with new projects. Acacia Ridge has multiple train stations within just a few kilometres walkin