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Local Ray White agent Alistair Macmillan says though it has always been a desirable suburb, much of the more recent demand has been fuelled by the local primary schools. “Proximity to St Columba’s Primary School and Wilston State School is top of pretty much everyone’s list,” he says. With such a high median house price, entry level properties are fiercely contested in the area, Mr Macmillan says. What you get in Rochedale for the median house price: 20 Obrist Place is listed at $1,049,000. Photo: Supplied A three-bedroom gabled Queenslander at 17 Olney Street had 72 people turn up to its first open home, before it sold for $710,000. “This is a very tightly held area and if you look at Wilston at Mortgage brokers Oak Laurel Carseldine, 0430 129 662 any given time over the past five years, it has always been very limited,” he says. “There is strong demand and a lot of competition for it which keeps the prices high.” 20 Obrist Place, Rochedale Photo: Supplied While most of Brisbane’s million-dollar median suburbs are located in the inner city, there are two outlying suburbs that made the top 10: Pullenvale and Rochedale. Rochedale, which has a median house price of $1,040,000, is the furthest from the CBD on the list. 17 kilometres out and the last suburb in Brisbane before you hit Logan, this formerly sparsely populated farming community is now home to more million-dollar listings than Bulimba and Coorparoo. Remax agent Cathy Cheng said it’s a perfect example of the “ripple effect”.
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