QUEENSLAND has the highest concentration of ‘old homes’ in the nation, with the average age of a property in one suburb sitting at 82 years old.
Data released by insurance provider Budget Direct’s reveals six of the country’s top 10 suburbs with the oldest average home age call the Sunshine State home.
Ipswich has the highest average home age of 82, followed by homes in East Toowoomba — 78 on average.
East Ipswich, Mount Morgan, Gordon Park, and Ascot, also have a large share of grand old dames.
New South Wales has the greatest share of old homes at 42 per cent, which is not surprising given it was the first state to have been settled.
Victoria follows not too far behind holding a 34 per cent share of the country’s oldest homes, followed by Queensland (9.2 per cent).
“We’ve all heard the phrase the older the better,” Budget Direct’s chief growth officer Jonathan Kerr said. “Well, in this case we certainly acknowledge that homes in these suburbs have stood the test of time.”
Mr Kerr said it was worth noting the age of a property could have a bearing on home insurance, and it was important to know if your home was classified as a heritage-listed dwelling.
When looking at the suburbs with the oldest homes on average, the South Australian suburb of Torrensville comes out on top — just pipping Ipswich, with the average age of homes in the suburb 87.
The research classifies an ‘old home’ as one that was built pre-1900s.
NGU Real Estate agent Moses Nguyen is marketing one of the oldest pre-war Queenslanders in the state at 27A Brisbane Rd, Ipswich.
Mr Nguyen said the circa 1904 property was one of Ipswich’s finest homes, sitting on nearly 3000 sqm of elevated land.
On the other end of the scale, Budget Direct also ran the numbers on its youngest suburbs by state.
Queensland takes out the title for the youngest suburb in Australia, with homes in the new Sunshine Coast suburb of Banya just 6 months old on average.
Banya is part of developer Stockland’s massive ‘Aura’ masterplanned community in Caloundra, which will be home to 50,000 people when completed.
It has seen the creation of a number of new suburbs, including Nirimba, which is also one of the country’s newest.
QUEENSLAND SUBURBS WITH THE OLDEST HOMES
1. Ipswich
2. East Toowoomba
3. East Ipswich
4. Mount Morgan
5. Gordon Park
6. Ascot
7. Wandal
8. Camp Hill
QUEENSLAND SUBURBS WITH THE YOUNGEST HOMES
1. Banya
2. Nirimba
3. Pallara
4. Spring Mountain
5. Palmview
6. Baringa
7. South Ripley
8. Yarrabilba
9. Ripley
10. Bells Creek
11. Pimpama
12. Deebing Heights
13. Nikenbah
14. Bahrs Scrub
15. Logan Reserve
(Source: Budget Direct)
Article source: Queensland Property Investor