Real estate prices have been going through the roof in the past 18 months, but some regions are glittering more brightly than others.

ME Bank has published the top 20 suburbs for residential property investment, with Woolloongabba, in Brisbane’s inner east, top of the list.

Consultancy firm Ethos Urban, which did the research for ME, considered the impact of new transport infrastructure, average rental yields, recent population growth, median house prices, average rental prices and lifestyle appeal.

Queensland also took out second place with the Gold Coast’s Burleigh Heads and held five of the top 20 positions.

NSW held nine spots in the top 20, with Five Dock and Rozelle in Sydney’s inner west cracking the top five on the back of key infrastructure projects.

North Melbourne, Preston and South Melbourne in Victoria all ranked in the top 10 and three suburbs in Western Australia made the top 20. No other states made the list.

The full list is:

1. Woolloongabba, Qld

2. Burleigh Heads, Qld

3. Five Dock, NSW

4. North Melbourne, Vic

5. Rozelle, NSW

6. Ellenbrook, WA

7. Parramatta, NSW

8. Crows Nest, NSW

9. Preston, Vic

10. South Melbourne, Vic

11. Yanchep, WA

12. Waterloo, NSW

13. Coffs Harbour, NSW

14. North Sydney, NSW

15. Pyrmont, NSW

16. Claremont, WA

17. Mermaid Beach, Qld

18. Miami, Qld

19. Concord, NSW

20. Fairfield, Qld

Have property prices in your suburb soared in recent months? Is that good news for you? Are you considering selling as a result?