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 172 - Tips for Buying in a Competitive Market
EP 171- A New Regional Plan for South East Queensland
EP 170 - Neil Salkow Reveals Why Independent Financial Advice is Key to Property Investment Success
EP 169 - Brisbane Property Market Update August 2023
EP 168 - Margaret Cook’s Revealing Insights on Brisbane Flooding
Ep 167 - The most in demand suburbs in Brisbane right now
EP 166 - Queensland’s Loss, Other States’ Gain: Insights with Mike Mortlock
EP 164 – The Key to Success Lies in Finance-Strategy Match
EP 163 - Seller Disclosure Obligations in Queensland are Minimal!
EP 162 - The Pros and Cons of Automated Valuations in Brisbane
EP 161 - Brisbane Property Market Update - June 2023
EP 160 - Antonia Mercorella: CEO of the REIQ and her drive for industry advancement
EP 159 - Does High Growth + High Yield exist in Brisbane?
EP 158 - Building a better Brisbane: Inner City Strategy unveiled
EP 157 - Brisbane Data Update with Tim Lawless
EP 156 - Brisbane Property Market Update May 2023
EP 155 - Why you can’t trust property price forecasts in Brisbane
EP 154 - Brisbane’s proposed flight path shake-up
EP 153 - Which suburbs are at risk of Mortgage Default in Brisbane?
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