About Ardie Begovic
4 years experience
TORRES PROPERTY – Hawthorne & Morningside Market Update
As we move further into spring, the Australian housing market is showing renewed strength. September delivered the strongest monthly rise in national dwelling values since October 2023, with tight supply continuing to drive price growth. First home buyers are facing fierce competition following the launch of the expanded Home Deposit Guarantee, and with nearly half of all suburbs now under the new price caps, opportunities are opening up—but competition remains intense in an already constrained market.
Brisbane is once again outpacing the larger capitals, with property values steadily rising through the September quarter. Over the past seven quarters, unit values in the city have consistently increased faster than house values, reflecting a persistent shortage of available stock.
In the inner-east suburbs of Hawthorne and Morningside, strong demand continues to support growth:
—Hawthorne: Median house price has grown to $2.6 million, with a compound growth rate of 23.1% for houses and 23.0% for units.
—Morningside: Median house price has grown to $1.5 million, with a compound growth rate of 12.4% for houses and 10.6% for units.
Local families, professionals, and interstate buyers are actively seeking character homes, low-maintenance properties near schools, parks, transport, and riverside amenities, as well as renovation opportunities where long-term value can be added. Streets with tightly held homes are attracting competitive campaigns, particularly for properties that are strategically presented and positioned.
With Torres Property’s tailored, marketing-led approach, I bring local expertise, strategic insight, and genuine care to every client. Whether you’re planning to sell now or later, I can help you navigate the market with confidence and clarity.
