Brisbane home values continued to edge higher in April, up 0.3% over the month. CoreLogic has released their newest housing market update for May 2020. You can also check out the local reports for Melbourne and Sydney. Although values were higher, the rate of growth has halved relative to the six-month average rate of growth prior to COVID-19.
More people from different areas around Brisbane and from interstate are starting to move into the city centre. As the metropolitan continues to grow, areas surrounding the CBD are starting to become more popular. Whether you’re a buyer who needs a quick commute or you’re an investor looking to target young professionals, southern Brisbane is
After Sydney and Melbourne, Brisbane is arguably Australia’s third-biggest property market. It’s been relatively stable and is expected to have price increases both for houses and units over the next few years. If you’re an investor, you might be interested in these Brisbane suburbs that have shown strong signs of growth and likely to give
After the market started turning around halfway through the year, vendors in Melbourne have become more and more optimistic about property price movements. 3,306 Australian vendors were surveyed last quarter on the expectations for price movement with Brisbane vendors the most optimistic they’ve been since the beginning of 2018. In the most recent quarter, 67%
Based on resales across Greater Brisbane over the second quarter of 2019, the total value of resales at a profit was $1.341 billion while the total value of resales at a loss was recorded at $37.7 million. Brisbane generated 8.2% of the total value of resale profits nationally over the quarter and 5.2% of the
In the middle of this year, we saw Sydney’s and Melbourne’s property market starting to turn around. Though Brisbane was slower to catch up, it’s also starting to get better. Unsurprisingly, people are wondering whether these positive trends will continue into next year or if there will be a downturn. We’ll be looking at how
Whether you’ve been saving up for a mansion or you’re looking to invest in Brisbane’s most affluent areas, knowing the most expensive suburbs might be helpful for you. If you’re looking to buy, you’ll be pleased to know that you can get more bang for your buck in Brisbane compared to Sydney and Melbourne. If
Based on resales across Greater Brisbane over the third quarter of 2018, the total value of resales at a profit was $1.310 billion while the total value of resales at a loss was recorded at $37.1 million. Brisbane generated 9.1% of the total value of resale profits nationally over the quarter and 6.3% of the