We sourced some current insights regarding the Brisbane Property Markets by Michael Yardney in the links below:
Are you wondering what will happen to the Brisbane property market over the balance of 2021 and into 2022?
Well… Brisbane has been the second strongest performing property market in 2021, with most segments exhibiting strong price appreciation other than the inner city and high-rise apartment market. And even though growth is slowing, Brisbane’s housing markets are likely to continue to perform strongly in 2022.
Brisbane Property Values:
- increased 0.9% over the last week
- increased 2.7% in the month to date, and
- 26.4% over the last year
And there is still plenty of growth left, as Brisbane property is still very affordable compared to the other east coast capital cities.
What a turnaround from all the pessimistic forecasts all the banks made in the middle of 2020.
Currently, the Sunshine State capital is shining but it’s not too late to be early in this cycle – there is plenty of growth ahead – for the right properties.
BRISBANE DWELLING PRICE TRENDS – Source: Corelogic November 2021
Brisbane showed positive signs for buyers in Queensland, with new listings increasing 8.4% MoM in Brisbane and 4.6% MoM in regional Queensland.
Source: Realestate.com.au Listings Report October 2021
