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 29 - Adding Value to Brisbane Properties - with Special Guest Fergus Reid
Ep 28 - Preparing your Brisbane Property for the Storm Season Ahead
Ep 27 - "Insider Secrets" for the Brisbane Suburb of Norman Park
Ep 26 - Property Improvements and Granny Flats - What you MUST Know
Ep 25 - Brisbane Property Market Update - October 2020
Ep 24 - Property Insights for Brisbane - with Special Guest Pete Wargent
Ep 23 - How Land Values across Greater Brisbane have Changed
Ep 22 - Finance Strategy - with Special Guest Jessica Peletier
Ep 21 - Brisbane Property Market Update - September 2020
Ep 20 - How Brisbane Became the City that it is Today
Ep 19 - The Knock-Down & Re-Build Strategy
Ep 18 - "Insider Secrets" for the Brisbane Suburb of Wooloowin
Ep 17 - Brisbane Property Market Update - August 2020
Ep 16 - Queensland Residential Contracts - with Special Guest Katie Richards
Ep 15 - Who Is Buying Brisbane Property During The Covid-19 Pandemic?
Ep 14 - Brisbane Rental Market Update - with Special Guest Jonathan Bell
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
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