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Queensland-wide land values. Source: Valuer-General, Queensland. 87 suburbs recorded minor to moderate increases of up to $50,000 in median value including the suburbs of Zillmere, Mt Gravatt, Lutwyche, Kenmore, Annerley, Windsor, Aspley, Ascot and Bulimba. A further 32 suburbs in varying locations across the city recorded an increase in the median value from $50,000 and below $75,000 including the suburbs of Camp Hill, Mansfield, Salisbury, Auchenflower, Bowen Hills and Chermside. Thirteen suburbs recorded a median increase at or above $75,000 including the suburbs of Hamilton, Chapel Hill, Seven Hills, Carindale, Holland Park and Sunnybank. The multi-unit sector had a slight increase overall, this was driven in part by the Brisbane City Plan 2014. The city plan has continued to drive interest in apartments in some localities although concerns with demand and over-supply has curtailed activity in the second half of 2016 particularly in the CBD and CBD fringe. Gold Coast City land values have generally increased from the 2016 annual valuation. While the key contributors to the overall increase were in the residential and multi-unit sectors, increases were recorded across most market sectors.
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