Brisbane tops the list for cities tipped for property investment growth
A massive jump in house prices is forecast for Brisbane over the coming three years, almost double the nearest Australian state capital, with major Queensland cities close behind.
Latest analysis by BIS Oxford Economics has forecast a massive 20 per cent growth in house prices in Brisbane, with demand driven by its relative affordability compared to other capitals and a pick-up in positivity.
Industry-leading project marketing and advisory group Position Property has been inducted into the prestigious Project Marketing Agency of the Year Hall of Fame at the Australasian Real Estate Results Awards (ARERA) after achieving more than 750 sales during 2022.
Brisbane is predicted to see some of the biggest house price rises in Australia over the next two years, according to new forecasting, rising by a whopping 8 per cent over the next 12 months alone.
In 2021, Brisbane could lead the price rise charge nationally, with predictions of an additional 7 to 9 per cent house price hike.
Sustainable living draws buyers to master planned community in Albany Creek
Position Property has been recognised amongst it’s Australian and New Zealand industry peers, winning the highly coveted Agency of the Year at the annual Australasian Real Estate Results Awards (ARERA).
Recently, we hosted an event at Brickworks Park for first home buyers looking to enter the property market. Covering all things finance and investing, here are our top five lessons learnt from the event.
Brisbane landlords are now back in the driver’s seat, with asking rents holding at record high prices, new data shows. The median asking rent for houses increased from $400 a week to $410 in the December quarter, lifting for the first time in nearly three years – and the latest Domain Rental Report released on Thursday showed those prices continued to hold strong over the first quarter of 2019. Source: Domain 10 April, 2019
Inner Brisbane “appears to be headed toward undersupply within the next 12 to 18 months”, according to the report, which makes a return to sustained capital growth in the apartment market an increasingly likely scenario. Less stock was coming to market, which meant increased demand and likely price growth. Source: The Courier Mail 1 March, 2019