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"I think we'll start to see other areas rise in popularity the same way Coorparoo/Camp Hill/Holland Park (West) are now. It's Brisbane growing up, and it's the beginning of the 'Sydney effect'. This part of Brisbane really offers so much and buyers are going for it." Mr Hodge says he doesn't expect demand to slow down anytime soon and admits it's a difficult area to break in to. "Smart buyers are getting in now, setting themselves up for a fantastic lifestyle for them and their family," he says. "The whole idea that there are going to be 'bargains' or that things will get cheaper is wishful thinking, especially when more people are moving to Australia or from interstate to Brisbane." Camp Hill has now overtaken Coorparoo in median house price, despite the fact it's further from the city. Located six kilometres from the CBD, it's median house price is $916,000, while Coorparoo's is $860,000. Last week Shane Hicks from Place Bulimba sold 59 Raven Street for $1,495,000, which was a new street record. Mr Hicks describes Camp Hill's growth as "extraordinary" and says the suburb is going through a rejuvenation process. "What's been happening here for a number of years is that old post-war homes are getting knocked down and two houses built in its place," he says. "Those houses would then sell for around $1 million each." "More recently though, those new houses are bigger and more luxurious - they've got five bedrooms, a media room, magnificent kitchens and the top-of-the-range everything. "So the developers are building bigger and better homes, which is attracting people with that kind of money to the area.
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