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Brisbane Auction Clearance Rates Are On the Rise

June

Auction Covid 19 Economy Queensland

It’s generally accepted that auctions have slowed since the beginning of the Coronavirus pandemic across the capital cities, especially in those which have had harsher lockdown restrictions such as Sydney or Melbourne. And, although the Brisbane has seen an overall decline in scheduled auctions over the last few years, the number of auctions and auction […]

2021 Brisbane Housing Market Growth & Demand

June

Brisbane market Queensland Selling

With Brisbane’s house and unit values growing steadily over the last year, an increasing number of people have become interested in investing into the housing market, including new buyers & sellers as well as experienced investors, as 2021 Brisbane housing market demand has risen significantly. According to Corelogic, Brisbane dwelling values have grown in value […]

The Property Market In 2020:

July

Brisbane market buying tips Property - Sales Queensland

Eliza Owen 25 May 2020 CoreLogic has released its March Quarter Property Market & Economic Review, Eliza Owen Head of Research Australia provides insights around the state of housing before the onset of COVID-19 as well as an assessment of what is ahead. There are some reasons to be optimistic about Australian property in 2020, […]

COVID-19 Update: Permissible Real Estate Activities

May

Covid 19 property-sales Queensland

While in-room auctions and traditional open homes are still not permitted in Queensland, some restrictions have been eased as of 1 May 2020. The following real estate activities are now permissible:  Private appointments for inspection (as previously advised); and, Open inspections with a maximum of six (6) people including the real estate agent inside the […]

Coronavirus: QLD backs down on emergency laws with renters to pay own way

April

Covid 19 Legislation Queensland Rentals

In a win for investors, the Palaszczuk Government has watered down residential emergency measures it was set to put to parliament, meaning tenants will foot the rent bill – even if deferred – in return for landlords not kicking them out. Amendments to the Residential Tenancies and Rooming Accommodation Act were originally set to be […]

REIQ 'Everyone Matters' Urgent Review of Special COVID-19 Residential Property Protections

April

Community Queensland

REIQ CEO Antonia Mercorella delivered a response to QLD Government proposed Residential Property Protections via Facebook Live video on 14/04/2020 calling for an urgent review to deliver a more balanced framework protecting both tenants and landlords. Antonia itemises a number of concerns and appeals to landlords and real estate supporters to contact the QLD Premier […]

Multiplex Wins Main Works Contract for Queen’s Wharf

April

Brisbane market Development Queensland

Multiplex Destination Brisbane Consortium has awarded preferred contractor status to Multiplex for the major construction works at the Queen’s Wharf Brisbane Integrated Resort Development. The appointment follows a comprehensive tender process and represents a significant milestone in the delivery of the overall project where $3.6 billion will be invested into the CBD site. The works […]

Brisbane's out-performing real estate markets

April

Brisbane market National Queensland

Brisbane is like a car where the engine is revving but it can’t move forward because the handbrake is on. The city’s property market is poised for an up-cycle but, according to the generalised price data published in mainstream media, it’s not yet happening. The key point for investors, however, is that there are many […]

Foreign buyers retreat from national housing market, but not Qld

February

Brisbane market National Queensland

THERE has been a dramatic fall in foreign investment in Australia’s housing market, but demand for Queensland property remains steady. The latest Foreign Investment Review Board report reveals the value of approvals for foreign investment in residential real estate nationally fell $17.5 billion over the 2017/18 financial year to $12.5 billion. Queensland received 17 per […]

Australian Cities See Substantial Gains Over Past Two Decades

February

Economy National Queensland

According to the CoreLogic Home Value Index, dwelling values have recorded some substantial falls over the 12 months to January 2019. Four of the eight capital cities have recorded dwelling value falls while four of the seven rest of state markets have also experienced declines. Nationally, dwelling values have fallen by -5.6% over the 12 […]

Property 2019 Experts reveal what to expect for the Qld market

January

Brisbane market Economy National Queensland

IT will be remembered property 2019 the year Brisbane outshone the nation’s two biggest housing markets and defied a property downturn gripping other states.   Home values in 2018 in the Queensland capital rose a steady 0.3 per cent at a time when they fell 5.8 per cent in Melbourne and 8.1 per cent in […]

Slow and Steady Wins: Brisbane Delivers Record House Prices

December

Brisbane market Queensland

Brisbane’s housing market has been one of the most consistent performers of all capital cities, delivering sustainable median house price growth in the September quarter. The capital city is in good company, with the Sunshine Coast and the Gold Coast also achieving record annual median house prices, according to the Real Estate Institute of Queensland’s […]

Brisbane house prices to see significant gains

November

Brisbane market Queensland

While Brisbane house market remains affordable compared to Sydney and Melbourne, it is projected that its median house price will see one of the strongest growths once the oversupply in the unit is absorbed, according to The QBE Australian Housing Outlook 2018-2021. Over the four years to June 2016, median house price growth in Brisbane […]

Brisbane Leading the Nation in Property Performance Indicators, But Boom Talk Premature

August

Brisbane market National Property - Sales Queensland

New research from property data firm CoreLogic has indicated that Brisbane is leading the nation on most property performance indicators, but some experts are curbing talk of a imminent property boom in the Sunshine State. According to the CoreLogic Daily Home Value Index, Brisbane recorded a 1.2 per cent increase in the median house price […]

Brisbane’s property market leading the nation

August

Brisbane market National Queensland

BRISBANE is leading the country in all four property performance indicators for the first time in more than a decade – defying the downturn seen elsewhere. BRISBANE is leading the nation in all four property performance indicators for the first time in more than a decade — defying the downturn gripping the other mainland capital […]

QLD to defy ‘mini credit crunch’ set to hit Sydney and Melbourne

July

Economy Queensland

QUEENSLAND is set to defy a “mini-credit crunch” that will put more pressure on house prices in Sydney and Melbourne, according to a prominent economic forecaster. The latest business outlook from Deloitte Access Economics paints a bright future for the sunshine state, with eye-watering house prices south of the border sending more economic refugees north. […]