Ray White Clayfield

Market report Domain’s Property Price Forecasts report predicts house prices in Brisbane could increase by 4% in 2019, then grow by a further 5% in 2020. Good news for the unit market too, the prediction is that prices will bottom out by early 2019 and grow about 3% by the end of that year and increase by another 3% in 2020. Domain economists have said 2019 looks to be a year of greater stability across the nation, with Brisbane set to lead the charge. These sentiments seem to be matched by the PRD Nationwide Affordable & Liveable Property Guides 2nd Half 2018 report, showing both Sydney and Brisbane improving in affordability, with North Brissie taking the crown for the best suburbs in both housing and units across the key categories. Rentals in Brisbane are also showing encouraging signs, with rentals holding their prices across Ascot, Hamilton, Albion, Clayfield and Hendra. While less bonds were lodged in the past twelve months, this could be a reflection of a more stable tenant base happy to stay in their homes for a longer period. 2 bedroom units Sep-16 Sep-17 Sep-18 Rents New Bonds Rents New Bonds Rents New Bonds North - Inner 380 1,210 375 1,228 375 1,047 4007 Ascot/Hamilton 430 205 400 193 420 187 4010 Albion/Breakfast Creek 450 82 450 63 450 55 4011 Clayfield/Hendra 340 134 330 140 330 145 4012 Nundah/Toombul/Wavell Heights 375 225 380 266 380 208 4030 Lutwyche/Windsor/Wooloowin 380 241 400 317 400 217 4031 Gordon Park/Kedron 360 132 340 109 350 91