Great things are expected of the Kippa-Ring property market in 2019 with large blocks close to the water attracting families.TWO houses have broken the suburban house price record in Kippa-Ring within the last month, confirming the suburb’s spot on an elite list of Australian suburbs to watch in 2019.In a stunning end to the year, the near new 66 Centaur Street broke the record by $22,000 when it sold privately for $697,000 on November 19. Inside 66 Centaur St, Kippa-Ring, that sold for $697,000.“The property itself offered the complete package for a new homebuyer,” agent Rebecca Matthews said.“It’s a six month old property, and the vendors designed the home quite well.”Mr Reid said the image of Kippa-Ring as only a great place for investors needed to change, with the suburb’s proximity to quality schools, retail and infrastructure, making it attractive to families.The most recent Australian Bureau of Statistic census figures from 2016 show there are more rental properties in Kippa-Ring than the state or national average, with 35.2 per cent of homes rented.A total of 159 properties have sold in the 12 months to September, representing a growth of 3.6 per cent, compared to 95 sales in Newport which is a drop of 6.1 per cent in 12 months. SEE WHAT ELSE IS FOR SALE IN KIPPA-RING MAP: Kippa-Ring in light green just beside the canals of Newport. on the Redcliffe Peninsula.The median house price in Kippa-Ring is currently $435,000 compared to Newport’s $770,000, according to CoreLogic property data.But in November, increased sales demand saw the Price Predictor Index put Kippa-Ring on the national list of hottest suburbs to watch in 2019.Only two other Brisbane suburbs made the list, Graceville and Indooroopilly.The completion of the Redcliffe Peninsula railway line in 2016 has been credited with raising Kippa-Ring’s suburban profile.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019 Kippa-Ring is the retail and transport heart of the Redcliffe Peninsula while only a short drive to beaches.The suburb is also home to two of the peninsula’s main shopping centres.Crown Properties sales associate Cameron Reid sold 38 Kurumba St, and said buyers were missing out on a great opportunity by refusing to look in Kippa-Ring. The new suburb house price record is now held by this property at 38 Kurumba St, Kippa-Ring.The Redcliffe Peninsula suburb has been seen as a poor cousin to neighbouring Newport since part of Kippa-Ring was excised to help create Newport in 2008. >>>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<<< “I’m a big fan of Kippa-Ring,” he said.“People are paying big dollars for Newport homes and 150m away we have sea breezes and water views and big parcels of land.”He said 38 Kurumba St on 625sq m was sold before its first open home to a family with three children who had been looking at Newport properties.“It went on the market on a Thursday, the buyers came through on Friday and an offer was made on the Saturday.”The property had been subdivided from a 1232sq m allotment that was bought for $670,000 earlier this year. The original block at 38 Kurumba St, Kippa-Ring, that was subdivided into two allotments.The original house was moved to one block and a new house built on the subdivision.It was a first offer that also bought the five-bedroom house at 66 Centaur St after its second open house. NVRE estate agent Rebecca Matthews said the buyers had been renting in the area after moving to Queensland from interstate. This house at 66 Centaur St, held the Kippa-Ring house price record for just under a month.This week, the brand new five-bedroom house at 38 Kurumba Street sold before it’s first open home for $710,000.