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 13 - "Insider Secrets" for the Brisbane suburb of Bardon
Ep 12 - Brisbane Property Market Update - July 2020
Ep 11 - Beware Of The Property Spruiker
Ep 10 - Depreciation in Brisbane Properties - with Special Guest Mike Mortlock
Ep 9 - The Most Common Issues Detected At A Building & Pest Inspection And What Options You Have If Problems Arise
Ep 8 - Brisbane Property Market Update - June 2020
Ep 7 - Benefits And Pitfalls Of The HomeBuilder Package For Brisbane Residents
Ep 6 - When To Contact A Town Planner In Relation To Your Brisbane Property Purchase - with Special Guest Alex Steffan
Ep 5 - FLOODING In Brisbane And How You Can CHECK FLOOD RISK
Ep 4 - The "ONCE IN A GENERATION" Infrastructure Boom Currently Underway In Brisbane
Ep 3 - What Features Do Brisbane Tenants Want In An A-Grade Investment Property?
Ep 2 - Brisbane Property Market - May 2020
Ep 1 - An Introduction to our Podcast
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