Brisbane’s housing market is performing well compared with Melbourne and Sydney, thanks in part to steady jobs growth and interstate migration in the state. However, Brisbane’s unit market is underperforming, with unit values down by 3.2% over the last twelve months, compared with house values which are up by 4.3%. We’ve included the Brisbane market update below, along with a
Population growth in Queensland has been in dramatic decline since the highs of the mining boom and property prices have followed suite, with low and slow growth. In the early 2000’s there was a huge amount of jobs on offer from the mining boom that initially attracted interstate workers, with a large number of overseas
Brisbane’s housing market has continued along a surprisingly weak trajectory. Overall growth and residential property values remain healthy, but at a combined capital city level it’s not quite as strong as what it was a year ago. It’s anticipated the market will continue to see values rise, and it’s expected that the rate of growth will continue
Another bank has black listed a range of Brisbane suburbs where they have tightened their lending criteria for apartment buyers. Recently Citi advised brokers of 12 suburbs in Queensland where borrowers would face tougher hurdles to get a mortgage and have to jump through additional deposit hoops and face more stringent practices around cash out loans. The
Wouldn’t it be nice to have a crystal ball to project 10 or even 20 years into the future to maximise the return on your next investment property? It could have made a word of difference in the last decade in an underperforming Brisbane property market. You see although it has been doom and gloom for the broader market,
It’s official, the next Brisbane BOOM will be kick started by the expansion of our biggest employment hub – the Brisbane CBD. The $3billion Queens Wharf Project and a number of other projects within the CBD will be like a stone in a pond that sets off a ripple effect throughout the rest of Brisbane.
CoreLogic’s June data indicates that Brisbane housing market continued to record a sustainable but subdued pace of capital gains. As the market develops so quickly, it is recommended to stay up to date with all the latest housing market research. You can check out the National market update for June and local reports for Sydney and Melbourne. We’ve included the
A recent column, Bernard Salt has stated that Brisbane will play catch up over the next decade in its quest to become a major metropolis like Sydney and Melbourne. In another article, I explained why the last 10 years for Brisbane has been nothing short of disappointing in terms of growth, in particular capital growth.
CoreLogic’s June housing market review reveals Brisbane dwelling values continued the sustainable, but moderate pace of growth. Despite the seasonal weakening, the popularity of the real estate market remains at a high level Further conclusions can be made only as a result of monitoring the subsequent development of the market. You can check out the