There will be double-figure price growth in the Brisbane property market over the next three years according to a recent news report from 9News. The increased interest in the River City is said to come from the excellent value (and weather!) offered by the Sunshine State.
According to the news report property prices in Melbourne are due to stall, decrease in Sydney by 2% and increase in Brisbane by a huge 13% by 2021. Interstate migration and investment from overseas property buyers is said to fueling the property price increases in Brisbane.
In terms of the current market though, a report from Channel 10 at the Brisbane Property Expo said that now is a great time to get into the market as there is a slow down in price increases.
Whatever the market conditions, there is one thing that came out of the Property Expo 2018, and that is being prepared. As always, buyers should take their time and do their research to ensure they get a good deal. If you want advice on buying a new or off-the-plan apartment or house and land package in Brisbane or on the Gold Coast – the PropertyMash team has you covered! Head to our advice page for all the impartial information you need.