Specifically, Brisbane dwelling values rose 1.1 per cent in July, taking quarterly growth to a healthy 3.8 per cent. That takes yearly growth to a whopping 16 per cent, according to the latest CoreLogic Monthly Housing Chart Pack.
In other number news, median days on market in July was 20 days, the same as July last year, and well below the national average of 33 days, which has increased slightly from 30 days the same time last year.
Vendor discounting in July dropped to -2.9. per cent, falling further from -3.3 per cent in July last year. Again this is below the national average which was -3.7 per cent in July.
New listings are up 6.1 per cent from July last year, and total listings are slightly down by -0.8 per cent.
All of these figures paint the picture of a market where buyers want to buy and sellers are getting solid sale prices as a result.
If you’re looking to sell, now is a great time.
If you’re looking to buy, you can put yourself in a strong position by having your budget and finance sorted, so you can make an offer with confidence when you find the property you want.
Thinking of buying? View our current listings for sale.
Thinking of selling? Find out how much your property is worth or talk to us about selling.
