City Beat May 2023: Brisbane unit markets continue growth trajectory as supply tightens

In a recent urban.com.au article, Position Property Founder and Principal discusses the strong imbalance between supply and demand in Brisbane. ⁠
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“We are heading into new territory in the Brisbane market with the extreme tightening of supply of new product due to more challenging construction costs. ⁠
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Simultaneously, we are seeing high demand. ⁠
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Queensland’s population is growing overwhelmingly faster than every other state, with 2,201 people moving to the state each week on average in the past year.”⁠
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With demand outstripping supply, there is no better time to secure property in Brisbane. ⁠