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 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
EP 185 - Brisbane’s Top 10 Growth Suburbs
EP 184 - Your Winning Property Advisory Team with Bushy Martin
EP 183 - Brisbane Buyer’s Dilemma: Urgency, Opportunities, and Decisions
EP 182 - Brisbane Property Market Update November 2023
EP 181 - Gentrification in Brisbane with Professor Peter Koulizos
EP 180 - Building and Pest Inspection Risk in Brisbane
EP 179 - Rental Affordability with Kent Lardner
EP 178 - Brisbane Property Market Update – October 2023
EP 177 - Designing your perfect Brisbane home - Interview with Tim Bennetton
EP 176 - What will your budget buy in Brisbane right now?
EP 175 - Safe as Houses Brisbane Property with Simon Pressley
EP 174 - Brisbane Property Market Update September 2023
EP 173 - Exclusive Insights from Property Investment Professionals of Australia
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
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