The average time it takes to sell a unit in Brisbane is just 35 days, reports Domain. This is the fastest in Australia.
The average time to sell a house is 42 days, the second fastest in Australia, behind Perth which is setting an even hotter pace at just 30 days.
This reflects continued high demand for houses and units, with sellers achieving solid prices.
For buyers, securing a home or investment property in a fast-moving market can be daunting.
But there are things you can do to make it easier to get your ideal property under contract.
Firstly, do your research. Know what properties are selling for in the areas in which you want to buy.
Secondly, have your finances sorted. Know your budget and get pre-approval if you can.
Also, talk to your locals. Put yourself on their radar and set up property alerts for listings that match your search criteria. That way, when the right property hits the market, you’ll be the first to know.
Looking to sell fast? Talk to us about selling or find out how much your property is worth.