In this episode of the Brisbane Property Podcast with hosts Melinda and Scott, we provide another concise Brisbane Property Market Update.
Brisbane property prices continue to rise for the fourth month in a row, led by detached houses outpacing unit market growth. Despite interest rate hikes and school holidays, the market remains strong, with buyers showing resilience.
Auction numbers remained stable, with a slight increase in registered bidders making bids.
Supply remains low, making it challenging for buyers to find properties to purchase.
Sellers are hesitant due to a lack of confidence in finding another property and a tight rental market.
Buyers are making compromises based on affordability, with Brisbane remaining affordable compared to other capitals. Brisbane dwelling values and house prices have increased consistently, while unit values reached a record high.
The rental market remains strong, with international demand and rising rents. The Brisbane market is resilient, and further price falls are unlikely.
Follow the Brisbane Property Podcast for more insights on the dynamic real estate landscape in Brisbane!
EP 205 : Exploring Q1 2024 Dynamics in Brisbane's Auction Market with Justin Nickerson
EP 204 - Brisbane Market Update March 2024 | Brisbane Median House Prices Surpass $900K
EP 203 - How accurate are Automatic Valuation Reports? Research Revealed
EP 202 - Which Suburbs maintain their resident numbers over time?
EP 201 - Property Planning for the Future with Ben Cutting
EP 200 - Brisbane Investments: Balancing Risk and Opportunity
EP 199 - Brisbane Property Update March 2024
EP 198 - Q & A with Scott & Melinda
EP 197 Where are listings tightest across Brisbane?
EP 196 - Major Contract Concerns with Kat Beavon from REIQ
EP 195 - Brisbane Property Market Update February 2024
EP 194 - Brisbane's Thriving Suburbs over Three Decades
EP 193 - Highest Crime Suburbs in Brisbane
EP 192 - Brisbane Project Pipeline with Andrew Burke
EP 191 - Brisbane Property Market Update January 2024
EP 190 - The Best of the Best Suburbs in Brisbane
EP 189 - 2024 Predictions for the Brisbane Property Market
EP 188 - How Brisbane’s Market changed throughout 2023
EP 187 - Brisbane Property Market Update December 2023
EP 186 - Peaks and Valleys: Brisbane’s Property Market with Eliza Owen
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