The Brisbane property market has now clearly moved into the recovery phase of the property cycle with 7 month-on-month increases in median property prices. Values are up 6.2% since bottoming out in February this year. Brisbane house prices were up 1.3% in September. Compared to the previous year, Brisbane’s housing stock remains very low. Limited choice has led to strong buyer competition and solid selling conditions, leading to a surprisingly robust winter period for real estate transactions. More buyers are competing for quality inner and middle ring homes, compared to properties located within the outer ring. Brisbane’s median house value sitting at just 63% of Sydney’s suggests a powerful blend of growth and affordability, making the city an increasingly attractive option for investors. Our great lifestyle will keep attracting both interstate and overseas migration. Nobel Realtor’s mantra of ‘Dedication, Integrity & Results’ is applied to every campaign to ensure that an optimal property solution is achieved for you and your family. It’s never too late to enter the market or take the opportunity to upgrade, particularly if you are looking for a high-quality property that will continue to outperform others over an extended period. Don’t hesitate to get in touch, if only for an informal chat about your goals. We look forward to being of service. Anna Samios Principal and Lead Agent, Nobel Realtors Welcome
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