Best Life Agency

The end of the financial year and beginning of the third quarter of 2021 has been one of the most responsive quarters in history as the Brisbane housing market continues to show robust performance with national property values reaching 20.8% higher over the 12 months leading up to this August. Furthermore, views on property sites like Realestate .com.au are 46.7% higher than the same time last year. In New Farm median house prices have risen 22.3% ($1,757,500 - $2,125,000) since Covid-19 and unit prices have increased by 32.8% ($591,000 - $785,000). The record low cash rate of 0.1% put forward by the Reserve Bank of Australia is intended to encourage more investment and spur the economy on, which appears to be working wonders for the market. On the flip side, active listings are 26% lower than the five year average, tightening the supply and causing an upward trend in prices. We have seen a shift in buyer habits now that so many across the country are in lockdown. Buyers are increasingly comfortable with e-inspecting a property i.e, viewing a property via video conferencing. Email enquiries to agents have also risen 12.2% in the last month. Investors are back and very keen to drop their money into Brisbane’s inner ring of suburbs. Across the board, 2-3 bedroom units and 4-5 bedroom houses are the most likely homes to attract attention. 2-3 bathroom houses and 1-2 bathroom units are most popular as rental investment properties. At Best Life Agency we’re delivering on our promises and achieving the best outcome for your situation. If this year is your year to do something with your property, we’re motivated to help you. Beth Leach 0414 770 956 Principal and Sales Agent Best Life Real Estate Agency Gabriel Kennedy 0403 551 381 Sales Associate Best Life Real Estate Agency *(Statistics obtained from CoreLogic) WELCOME