Market Update: Brissie is the place to be.
The turmoil of 2020 has opened people’s eyes to their priorities about lifestyle and where they want to live and this had led to a fast forward of interstate migration into Queensland with predictions of even further increases once our borders re-open. So it’s clear, even though we’ve known all along, the sunshine state is […]
These are the people buying during COVID
First of all, it tells us a lot of Aussies are still pursuing the dream of buying their own home. But it’s not just homeowners active in the market – investors are still out shopping for good value. In fact, investors, first home buyers and upgraders were all more active in June, according to realestate.com.au. […]
#7 Brissie burbs join the exclusive million-dollar club
The newcomers bring the total number of million-dollar-burbs in Brisbane to 23 – up from 16 just a year ago. The Grange and Bardon are two perennially popular places that have finally secured their top shelf price tag for the first time on record, reports realestate.com.au. South of the river, Balmoral took a tumble and […]
Market Update: Brisbane stats show we’re sitting on top, Loyal mortgage holders can’t deny it’s time to make the switch & Investors are dipping their toe back in the water.
Our property market has made a great recovery over the past two months with sales activity up by an estimated 74 per cent since the initial coronavirus hit in April and we’re still improving with buyer activity building week by week. The ‘safeguards’ of the system are doing their job in helping us avoid the […]
Rental market update: Brissie still yielding good value
The latest rental data for the three months to June shows rental values for Brisbane dipped 0.6 per cent. This means we’ve held up better than other capital cities which together showed an average 0.7 per cent drop. The hardest hit markets include Sydney which saw a 1.3 per cent fall and Hobart which dropped […]
Brissie to lead nation in market uptick this year
South Australia was also given solid odds, while New South Wales and Victoria would likely trail behind. The predictions come following the release of the Australian Economic and Property Report by PRD research. It shows Australia’s capital cities rose an average 1 per cent over the 12 months to the end of June. While that […]
Market Update: Gentrification is Spreading, First Home Buyers take the lead and Variable lending rates dip below 2%
New research from The University of Queensland shows that suburbs within a 5 to 15-kilometre radius of Brisbane CBD are rapidly gentrifying, while inner-city suburbs are not seeing any change. This is surprising and contradicts earlier urban geography theories stating gentrification as an “inner-city phenomenon”. While gentrification pushes up property values, it does reduce availability […]
Home office fails: Zoom gives candid peaks into co-workers’ lives
Not surprisingly, many remote workers are wanting their office set up to give a better first impression. Not long ago, a desk in the corner or tucked under the stairs would have passed for an acceptable home office for many. But as 2020 has seen millions of Aussies working and studying from home, the humble […]
New data: Brissie home values weather the COVID storm
Nationally, house prices dropped 2 per cent, while Brissie homes dropped just 1.4 per cent. Melbourne took the biggest tumble, down 3.5 per cent while Sydney fell 2 per cent. The data comes from the Domain House Price Report, which shows Australia’s property market has weathered the COVID uncertainty remarkably well. “The outlook for the […]
Market Update: Brissie is back!
At a local level we are seeing massive buyer numbers, with First Home Buyers leading the pack. This return of confidence is due to several factors including: 10,000 new places opening up in the First Home Loan Deposit Scheme from July 1, 2020. Record low interest rates. The release of the Governments Home Builder Scheme. […]
