Median unit rents to hit $700 per week … ouch
This is not great news for renters who have been battling an under supply of rentals for some time now, and it may prompt committed unit dwellers to look to different property types and locations. The forecast comes from the latest CBRE Apartment Rent and Vacancy Outlook. “Greater Brisbane’s current median rent for a two […]
Market update: Cheap new build houses outpacing units
But it seems somebody forgot to tell the new build market that units are typically cheaper than houses. New data shows that 2- and 3- bedroom apartments with a price tag of $1 million to $2 million are making up the majority of the new build unit market in Australia. While 4-bedroom houses with a […]
Market update: Brissie hits another new peak, with more to come
October marked the 10th consecutive month of price growth for the Brisbane property market. The PropTrack Home Price Index shows median property values in Brisbane are now $773,000, that’s more than 50 per cent above what they were since March 2020. “Home prices in Brisbane are rising at a fast pace after regaining all of […]
Flashback: 20 years of The Block
The finale was filled with the drama we’ve come to expect from the reality reno show: million dollar pay days for some and tears for others. What we think is most surprising is that we’ve now had 20 seasons of this thriller grace our TV screens. That’s two decades of Scott Cam delivering judges’ verdicts […]
Interstate and overseas buyers eye off Brissie property
Brisbane is the third most searched for city for buyers, behind the Gold Coast and Melbourne, according to PropTrack’s Overseas Search Report for October writes The Property Tribune. The report says buyers from New Zealand and China were most interested in Australia. But it’s not just overseas buyers that are eyeing off Brisbane. Queensland, including […]
Market update: Brissie property clock ticks up
The property clock is a neat way of picturing the housing market price cycles. Picture 12 o’clock as the peak of the market, 3 o’clock is a declining market, 6 o’clock means the market has bottomed out and 9 o’clock is a rising market. So what time is it in Brisbane? It’s 7 o’clock for […]
Carseldine unit prices skyrocket more than 30%
The increased demand has seen unit prices boom in some suburbs, and the popular north side suburb of Carseldine has clearly been attracting some mega attention. Over the past year unit prices have grown a whopping 32 per cent, reports Yahoo Finance. That puts it in the top #10 suburbs across all capital cities for […]
Weatherproof your home from extreme summer weather
But we’re also seeing the return of weather extremes that tend to visit Australia at this time of year. Check out these tips from Houzz to weatherproof your home from flood, heat, storms and bushfires. Heat: The wraparound veranda that is the trademark of quintessential Queenslanders was built with the heat in mind. Maximising cool […]
Market update: Brisbane homeowners staying put longer
According to the Domain Tenure and Profit report, Brisbane house owners had a median tenure of nine years in 2023 compared to eight years in 2013. Unit owners had a median tenure of seven years in 2023 compared to six years in 2013. This is on par with the national median for houses, but a […]
The best time of year to sell your home is …
A sale leading into Christmas could see you pocket an extra $2,000 towards the Christmas wish list. The estimates are based on a sale price of $750,000 and new data showing the extra percentage gain, or loss, buyers can expect to make based on selling at different times of year. For Brisbane, seasonally higher or […]
